What is a cash loan, and how does it work?

A cash loan is a type of personal loan that provides quick access to funds for unexpected expenses, bills, or purchases. You borrow a fixed amount of money and repay it over an agreed timeframe with regular repayments.

What is the difference between cash loans and payday loans?

Cash loans or personal loans often refer to larger loan amounts with longer repayment terms (up to 5 years) compared to payday loans. Cash loans may also have lower interest rates and more flexible repayment options. Payday loans typically are for small loan amounts up to $2,000 and require repayment in full within a few months. While we do not offer payday loans, we may be able to help in other ways, or refer you to a lender able to assist with cash advances.

How much could I borrow with a cash loan?

With Rapid Finance, you could apply for a personal cash loan starting from $10,000 up to $60,000, depending on your financial situation and ability to repay. For smaller loan amounts, we may refer you to one of our lending partners.

How can I qualify for cash loans?

To qualify for cash loans through us, you must: Be at least 18 years old, take home over $700 per week (including income and eligible Centrelink benefits), be an Australian citizen or permanent resident, and have no recent unpaid defaults and fewer than 5 dishonours in your recent banking history.

Are loans available to people on Centrelink benefits?

Yes, some Centrelink benefits are accepted, including: Family Tax Benefits, Parenting Payments, Disability Pension (DSP), Aged Pension, and Carer's Pension. However, the following benefits are not accepted: Youth Allowance and JobSeeker Payment. Learn more about our Centrelink loan options.

Can I apply for a cash loan if I have bad credit?

Yes, you could still apply. Rapid Finance specialises in helping customers with bad credit find suitable loan options. We could also provide feedback to help improve your credit score and increase your chances of approval in the future. Learn more about our bad credit loan options.

Can self-employed people apply for cash loans?

Yes, we consider self-employed applications, including those with irregular incomes or part-time work, to help them access loans tailored to their circumstances.

Can I still apply if I have been rejected by a bank or mainstream lender?

Yes, you could still apply, even if you have been rejected by a bank or mainstream lender. At Rapid Finance, we specialise in helping people who may not meet the strict lending criteria of traditional lenders. Our panel of specialist lenders considers various financial situations, including bad credit history, irregular income from self-employment or part-time work, receiving eligible Centrelink benefits, and past financial difficulties. We understand that everyone’s circumstances are unique and will work with you to find a solution that fits your needs.

How long does it take to get approval for a cash loan?

Once your application is complete, approval typically takes between 24 and 48 hours after you have provided any necessary documents. For smaller loan amounts under $10,000, we may refer you to a lender directly. Your loan may then be processed quickly and funded faster—often on the same day for smaller quick cash loans.

Will applying for loans affect my credit score?

When you apply with Rapid Finance, we can assess your application without impacting your credit file. Unlike applying directly with lenders, where a credit enquiry must be recorded, our process allows us to review your financial situation in detail before selecting the most suitable lender from our panel. This approach improves your chances of approval. Once your application is submitted to the lender, they may lodge a hard enquiry on your credit file as part of their standard approval process.

What happens if I miss a repayment?

If you miss a repayment, you may incur additional fees, and it could impact your credit score. If you’re facing difficulty, contact the lender as soon as possible to discuss options for managing your repayments.

What is the difference between applying through Rapid Finance or a lender directly?

Applying for loans through Rapid Finance offers several advantages compared to going directly to a lender. We work with a large panel of specialist lenders to provide you with more options, even if you have bad credit, irregular income, or other financial challenges. Our team takes the time to understand your unique circumstances, ensures your application is tailored to meet the lender’s criteria, and guides you through the process to make it simpler, faster, and less stressful.

Quick Cash Loans

Name: Cash Loans
Brand: Rapid Finance
Rating: 4.7 (13 reviews)

Fast cash even with a bad credit history!

Get the cash you need, quickly and easily¹with Rapid Finance.
We could help get the loan you need approved fast!
With no extra marks on your credit file²!

Holidays, repairs, unexpected bills, medical, travel and more...
Loan size and terms to match your needs
Quick application & fast loan approval decisions
Bad credit or Centrelink considered
No penalties for extra repayments
Affordable repayments to match your budget
Must be an AU Citizen or Permanent Resident
Friendly & helpful Australia based team
Over 20 Years lending experience

1 - Approval is subject to an applicant's overall profile.
2 - Your application will only undergo a credit check, at the final stage. If we have found a lender looking to accept your application.
3 - Loan applications under $10,000 without security may be automatically referred to a lending partner for assistance.

Free Financial Assessment

Apply now for up to $60,000 - Fast!

Loan Amount $

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Good news, based on you loan request so far, you may qualify with one of our partners.

What are Cash Loans?

Cash loans are generally short-term personal loans that give you quick access to money. These loans don’t require you to provide anything valuable, like a car or house, as security. You can use cash loans for many reasons, such as unexpected bills, urgent expenses, or to cover a short-term money shortage.

Cash loans are usually:

Fast: You can often get the money quickly, sometimes within 24 hours.
Flexible: The amount you could borrow depends on the lender and your financial situation.
Short-term: Small loans usually need to be paid back within a few months.

The term cash loan is sometimes used interchangeably with personal loan.

When you apply with Rapid Finance, depending on your circumstances or your needs, we may be able to fund personal loans up to $60,000. Larger amounts may require security against your loan.

If we can't help you directly, we may know a lender who can and quickly refer you over to them.

Fast Cash Loans: From Application to Approval

Getting a cash loan with Rapid Finance is simple, fast, and hassle-free¹.

With excellent 5-star Google reviews; we've been helping people get their loans approved for over 20 years.

Here’s how it works:

Apply Online in Minutes
Start by completing our Free Financial Assessment form at the top of this page. It only takes a few minutes and helps us understand your financial situation and loan needs. So we can help you faster.
Initial Assessment
For larger loans, over $10,000. Our team reviews your application to determine the best loan options available for you. We run a no-impact soft enquiry on your credit file - keeping your credit report safe. This helps us match for lenders more suitable to your financial circumstances.
For smaller loans, under $10,000. We may automatically refer you directly to a lender, to complete your application. Making the whole process smoother for you.
Submit Your Documents
Every application is different. To proceed, we may need some basic documents, such as:
- Proof of identity (e.g., driver’s licence or passport)
- Proof of income (e.g., payslips or Centrelink statements)
- 90 days of bank statement history
Tailored Loan Matching
We could match your application with the right lender from our panel. Our experts consider your unique circumstances, increasing the likelihood of approval. We will double-check the loan terms meet your needs with you, before proceeding.
Approval Decision
Once your application is submitted, most lenders provide an approval decision within 24 to 48 hours - during regular office hours. If approved, you'll be guided through the next steps to get your cash fast.
Receive Your Funds
After approval, your loan funds are transferred directly to your account - ready for you to use, as needed.

At Rapid Finance, we’re here to make the process as smooth as possible, with personalised support, wherever possible.

What Can Your Cash Loan Be Used For?

Cash loans are versatile and could help cover a wide range of personal expenses, giving you the financial flexibility you need.

Some common uses include:

Emergencies – Access money quickly for unexpected situations.
Unexpected Bills – Cover medical expenses, one off bills, or other urgent costs.
Car Repairs – Get your vehicle back on the road without delay.
Home Improvements – Upgrade or repair your home when you need it most.
Holidays and Travel Costs – Plan your dream getaway or manage urgent travel expenses.
Debt Consolidation – Combine multiple debts into a single, manageable repayment.
Household Appliances – Replace or purchase essential items like fridges, washing machines, or furniture.
Celebrations or Events – Cover costs for weddings, birthdays, or special occasions.
Relocation Expenses – Help with moving costs, bond payments, or setting up a new home.

Whether it’s for something planned or an unforeseen expense, we could provide the support you need when you need it.

A cash loan is a type of personal loan that provides quick access to funds for unexpected expenses, bills, or purchases. You borrow a fixed amount of money and repay it over an agreed timeframe with regular repayments.
Cash loans or personal loans often refer to larger loan amounts with longer repayment terms (up to 5 years) compared to payday loans. Cash loans may also have lower interest rates and more flexible repayment options.

Payday loans typically are for small loan amounts up to $2,000 and require repayment in full within a few months. While we do not offer payday loans, we may be able to help in other ways, or refer you to a lender able to assist with cash advances.
With Rapid Finance, you could apply for a personal cash loan starting from $10,000 up to $60,000, depending on your financial situation and ability to repay.

For smaller loan amounts, we may refer you to one of our lending partners.
To qualify for cash loans through us, you must:
- Be at least 18 years old
- Take home over $700 per week (including income and eligible Centrelink benefits)
- Be an Australian citizen or permanent resident
- Have no recent unpaid defaults and fewer than 5 dishonours in your recent banking history.
Yes, some Centrelink benefits are accepted, including:
- Family Tax Benefits
- Parenting Payments
- Disability Pension (DSP)
- Aged Pension
- Carer's Pension
However, the following benefits are not accepted:
- Youth Allowance
- JobSeeker Payment
Learn more about our Centrelink loan options.
Yes, you could still apply. Rapid Finance specialises in helping customers with bad credit find suitable loan options. We could also provide feedback to help improve your credit score. Increase your chances of approval in the future.

Learn more about our bad credit loan options.
Yes, we consider self-employed applications. Including those with irregular incomes or part-time work, to help them access loans tailored to their circumstances.
Yes, you could still apply, even if you have been rejected by a bank or mainstream lender. At Rapid Finance, we specialise in helping people who may not meet the strict lending criteria of traditional lenders.

Our panel of specialist lenders considers various financial situations, including:
- Bad credit history
- Irregular income from self-employment or part-time work
- Receiving eligible Centrelink benefits
- Past financial difficulties
We understand that everyone’s circumstances are unique. Our experienced team will assess your financial situation. We will work with you and lenders to find a solution that fits your needs. Even if you've been turned down elsewhere, we’ll do our best to provide you with options and guide you through the process.
Once your application is complete; approval typically takes between 24 and 48 hours after you have provided any necessary documents.

If you are requesting a small loan amount under $10,000, we may refer you to a lender directly. Your loan may then be processed quickly and funded faster - often on the same day for smaller quick cash loans.
When you apply with Rapid Finance, we may assess your application without impacting your credit file. Unlike applying directly with lenders, where a credit enquiry must be recorded, our process allows us to review your financial situation in detail before selecting the most suitable lender from our panel.

This approach improves your chances of approval. Once your application is submitted to the lender, they may lodge a hard enquiry on your credit file as part of their standard approval process.
If you miss a repayment, you may incur additional fees, and it could impact your credit score. If you’re facing difficulty, contact the lender as soon as possible to discuss options for managing your repayments.
Applying for loans through Rapid Finance offers several advantages compared to going directly to a lender.

When you apply directly with a lender:
- You are limited to their specific lending rules, which may be strict and difficult to meet. Especially if you have bad credit, irregular income, or other financial challenges.
- If your application is rejected, you’ll need to start the process again with another lender. Which can be time-consuming and may negatively impact your credit score.
When you apply through Rapid Finance:
- We work with a large panel of specialist lenders. Providing you with access to a broader range of options. Many lenders will consider a range of financial situations, including bad credit, self-employment, and Centrelink benefits.
- Our team takes the time to understand your unique circumstances and uses this information to match you with the right lender for your needs.
- You’ll have a dedicated finance professional guiding you through the process, making it simpler, faster, and less stressful.
- We aim to maximise your chances of approval by ensuring your application is tailored to meet the lender’s rules before submission.
Ultimately, Rapid Finance saves you time, effort, and the risk of unnecessary credit checks while providing a personalised service to help you find the cash loan that’s right for you.