How it works From apply to repayment, step by step.
Here to guide you through. This page introduces Breadmate and our loan options, including SACC and MACC Loans. Every application is assessed individually, subject to our eligibility criteria. Have a look just below to see what's needed to apply.
How it works Applying for a loan
At Breadmate, we make borrowing simple, fast, and transparent. Our straightforward process ensures you get the funds you need without unnecessary hassle.
Whether you're applying for a Small Amount Credit Contract (SACC) Loan, a Medium Amount Credit Contract (MACC) Loan, or any of our tailored loan products, we're here to guide you every step of the way.
Eligibility Requirements
To apply, you must:
- Be at least 18 years old
- Be an Australian citizen or permanent resident
- Have a regular source of income
- Provide valid identification and recent bank statements
Choose your loan:
Select the loan option that fits your needs.
Apply online:
Complete the application form and upload required documents.
Assessment:
We assess your application as part of our responsible lending obligations.
Accept loan offer:
If approved, review the loan offer including the loan amount, repayments, and fees.
Receive funds:
If approved, funds are released after verification is complete. Timeframes may vary depending on verification requirements.
Manage repayments:
Repay in monthly instalments as set out in your contract.