Are you in a dire financial situation?  Let’s face it, you’re probably in need of some astute financial advisory services. The only problem with this is that seeking professional help costs money – a lot of money if you head to a specialist financial company or a national bank for a commercial loan. This is where Swoosh Finance is here to help! By offering flexible, small-sized secured loans, Swoosh Finance can be your saviour when you just need some quick cash to meet a temporary shortfall or fund a small-scale project. Not convinced? Read on to learn more about Swoosh Finance!

A brief history

Founded in 2014, Swoosh Finance has developed an impressive reputation for offering high-quality, rapid and convenient loan services to all Australians. Operating Australia-wide, the business values security, flexibility and compassion. It’s all about “helping a mate in need”, which has been the business’ guiding principle and motto for the last five years.

Their unique approach

Swoosh Finance isn’t your regular financial provider. Swoosh Finance recognises the importance of balancing both friendliness and professionalism. The service is accessible, easy to understand and entirely online. Long gone are the days of trekking down to your local bank branch and wasting a few hours sorting out different accounts and loans.

Instead, hop online and fill in Swoosh’s speedy application for a fast-cash loan. Once approved, you could have the money electronically deposited in your account within 24 hours or the next business day.

Am I eligible for a loan?

Swoosh Finance has a certain set of criteria that borrowers must meet. Indeed, if you are considering lodging an application for a loan, you must fulfil the following criteria:

• Be at least 18 years of age
• Hold permanent Australian residence
• Be employed for at least 3 months
• Own a vehicle that is registered in your name and no financial encumbrances

What type of loans can Swoosh Finance provide?

Swoosh can provide a wide range of effective financial loans, designed to meet the needs of those in need of quick, instant cash.

Online loans

Swoosh offer online loans, ranging from $2 000 to $5 000 with a range of flexible repayment options. All you need to do is fill in a quick online application, which takes around 5 to 10 minutes. You can complete the application on your phone, tablet, laptop or computer. If your contract is signed and approved by 3:30pm AEST, then your funds will be deposited electronically overnight (permitting you have a same-day payment bank, like Commonwealth Bank or Westpac).

Most users will apply for online loans for home renovations, unexpected medical bills, unforeseen family expenses or simple security finance for delayed salary pay checks.

Quick small loans

Swoosh can also assist in providing small, personal loans to borrowers. Like online loans, Swoosh offers personal loans between $2 000 and $5 000. You won’t be charged the application establishment fee if your application isn’t successful. In terms of repayment, you can either opt for a 12-month or 24-month repayment plan.

Costs and fees

Swoosh Finance understands the importance of transparency when it comes to offering financial loans. Each loan comes with a $400 establishment fee, regardless of the size of the loan.

The annualised interest for the loan is 48%; simply divide 48% by 365 days to get the daily interest amount. If you miss a payment or your payment rebounds (e.g. insufficient funds in your account), you will be charged a debit dishonour fee of $35.00.

To break it down a bit more, let’s consider the payment structure for a $3000 loan. The total amount you’ll have to repay is $4295, as you pay back the principle amount ($3000) and your interest/fees payable, which equates to $1295. Your average weekly payment would be approximately $82.60 (permitting it is a one-year loan).

Conclusion

So, if you’re looking for a reliable, friendly and professional loan provider, you should certainly consider Swoosh Finance for your financial needs. If you’re sick of dealing with unhelpful bank consultants, simply hop online and get quick, convenient cash when you need it!