Personal Loans

What’s involved in the loan application process

We understand that when you’re looking for quick loans, you need a fast approval process. That’s why when you borrow money with Instant Cash Online, you can be sure that we are there to assist. Our loan application is completely online. This means that you fill out and submit your application through our website. We can take applications over the phone if you need help so if you have internet problems, don’t fear, just give us a call.

Simple five minute application

It only takes about 5 minutes to complete our application form. We offer our customers loans anywhere from $300 to $2,000. Our loans are short term loans with a  term of up to 12 months.

As part of the application, we will ask you information about your income, expenses and employment. We need to know that you have the ability to pay back the loan so when need to ask. Plus it’s a legal requirement.

Who can apply

If you live in Australia and you are over 18 years old then you will be eligible to apply for a loan with us. Whether you live in Sydney, Melbourne, Brisbane or anywhere else in Australia, if you meet these criteria you can apply.


When you apply for a loan through our website, you can be assured that your personal information is protected. Our website is secure. We also have factor identification which means that we send you a code to your mobile so we can verify it’s you.  We also ensure that when you provide us with your personal information that we will protect your information. Our privacy policy sets out how we manage your personal information. Click here to find out more about our Privacy Policy.

Providing documents

As part of your application, we do ask you to provide us with a few documents. You can upload these documents as part of the loan application. This includes providing a copy of your driver’s licence. You can simply take a picture of these documents with your phone if that’s the best way to provide it. Of course we know that not everyone has everything with them all the time so you can still complete your application form to start the process and just need to email us the documents later.

We will also need a copy of your bank statement to verify your income. The easiest way to do this is to use our bank statement link. This is a fastest, easiest and most secure way to provide your bank statements instantly. Find our more about Bankstatements, click here.

Once you’re approved

Our loan approval process is quick and easy as well. Approved customers are notified by email and or sms. We will set you up with access to our customer portal. You will then receive an email and or sms which contains your username and password. You will need this to sign in and electronically sign your loan agreement. Once you’ve done that we transfer your funds.

Same day money transfers and instant transfers with PayID

Once you’ve signed your agreement, we transfer the funds to your nominated account. When you apply Monday to Friday, Instant Cash Online can deposit the money in your bank account the very same day that you apply provided you have been approved before 5 pm. Depending on who you do your banking with sometimes payments might take longer. If you are approved for a cash loan after 5 pm, funds will be transferred into your account overnight and will be available the next day.

If you have a set up a PayID account, transfers occur within seconds so cut off times won’t apply. You will need to provide us your PayID information for us to transfer this way. To find out more about PayID here.