Rating based on 28 reviews


  • Short-term loans up to $5,000
  • Low-interest starting from 21.24%
  • Repayment up to 24 months

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MiFinance homepage
Author MiFinance. Screenshot of MiFinance website.
[Accessed March 15, 2023]

About MiFinance

MiFinance is an Australian short term lender that offers loans of up to $800 which can be repaid weekly, every two weeks or monthly.

We are a registered and direct provider of quick micro-loans online. As a responsible lender, we cannot offer loans to people who cannot reasonably be expected to repay them considering their financial circumstances.

Get a loan today

We do not provide big personal loans or vehicle financing - we offer small loans that can be used to deal with unexpected expenses or emergencies. Whether you want to take your pet to the vet, go to the dentist or fix your car - we can provide you with a fast loan online.

No interest fees

We do not charge interest on our loans but rather charge a 20% establishment fee and 4% interest per month. This means that you can avoid those harmful payday loans that offer endless and expensive rollovers. 

MiFinance Services

We are a short-term credit provider that is Australian-owned and locally based. Our payday loans are affordable and can help you get out of a sticky situation - quickly and easily.

Our small loans

We offer small loans that banks cannot provide their customers with - this ranges from as little as $100 to a decent $800 for those slightly larger bills or expenses.

We are a very efficient lender that processes our quick loans in just minutes and almost always credit the loan within 24 hours.

Will we offer you a loan?

At MiFinance we have made and kept our lending requirements as lenient as possible - you must, at the very least, be a resident of Australia, be 18 or older, earn $1,600 per month and be employed as well as have a bank account to get a short term loan from us.

We will need to check that you've been employed for at least 3 months with the same employer and check your bank statements and/or your recent payslips. 

MiFinance – Short-term loan

  • Loan Type Short-term loans
  • Interest Rate from 21.24%
  • Loan Amount up to $5,000
  • Repayment 3 months to 24 months

Benefits of MiFinance

  • Apply 100% online
  • Apply even if you have bad credit
  • Our online loan applications are simple and fast

Short-term loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This short-term loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Reliable short-term loans from MiFinance

Whether you need to borrow money for 3 days or for 3 weeks - MiFinance can help you with a payday loan designed to be affordable and be credited within hours.

From taking a weekend off at the beach to paying for a field trip for the kids - when you need a quick cash solution we're right here for you.

Top reasons to use MiFinance

  • Small loans banks don’t offer from $500 to $5000
  • No interest - pay 20% of the capital loan and 4% per month
  • We're a direct lender - not a broker!
  • Apply online - no paperwork
  • Get approved in minutes
  • Flexible repayments that match your pay cycle

How much should I borrow?

You can use our online loan calculator to determine how much you can afford to borrow. Simply slide the loan slide to the amount and then see the available weekly, fortnightly and monthly repayment amount to decide how much you will request. Payday loans are available up to $800 but, we also have short-term loans available up to $5,000 which is provided with our lending partners Cash Smart.

Our application form

Our application form is simple, easy to fill out and will take you only 10 minutes to complete at the most. Here is a rundown of the form:

  • Section 1: Tell us how much you want to borrow (up to $800) and why you want to borrow the money (vet bills, concert tickets, holidays, bills, funerals, etc.)
  • Section 2: This is where we gather your personal information - title, names and surnames, date of birth, address and contact info
  • Section 3: This is where we ask you what type of ID you have available and the ID number
  • Section 4: This is where you tell us if you are employed full time or part-time
  • Section 5: This is where you inform us if you are currently on benefits or if you have additional income other than that earned from your employer
  • Section 6: This is where you fill in all your monthly expenses from your rent or mortgage to your other debt repayments
  • Section 7: We require your banking information to allow us to provide you with a short-term loan and deduct the repayments

Once you're done click submit and expect to get a decision in just a few minutes! 

man holding thumbs up

MiFinance is a trusted & reliable provider of short-term loans

In our review, MiFinance adheres to the compliance criteria in accordance with the National Consumer Credit Protection Act 2009, where the granting the loan will not cause financial distress to the consumer.

✅ MiFinance is a registered credit provider in Australia: ACL 389029

Customer Reviews & Testimonials

May 2019

I received an unexpected bill this month and did not know how I was going to see it through. But thanks to MiFinance and their little loans I could relax knowing that everything would be okay.

Pauline R
— Richmond —

February 2019

What makes MiFinance different from others is that their interest is very reasonable. You can save a lot of money when borrowing from them in comparison to other lenders in the market.

Quinton W
— Sydney —

MiFinance Contact

Physical Address

  • Suite 9, Professional Centre, Smiths Rd, St Ives Shopping Centre Australia
  • Get Directions

Postal Address

  • P.O. Box 40, Goodna, 4300, QLD

Opening Hours

  • Monday 09:00 – 17:00
  • Tuesday 09:00 – 17:00
  • Wednesday 09:00 – 17:00
  • Thursday 09:00 – 17:00
  • Friday 09:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed