medical expense
loans
Great comparison rates
Zero fees, no penalties
Earn interest rate discounts
Secured loans of $4,000 - $30,000
Loan term of one to five years
Same-day funding available*
*Review our terms and conditions to learn more
LOANS FOR MEDICAL PROCEDURES
Apply and be approved today* with Salt & Lime
Facing medical expenses that Medicare doesn't cover? We can help.
At Salt & Lime, we understand that financial constraints should never compromise your health. That's why we offer specialised medical loans to provide the necessary funds for your healthcare needs. With our tailored solutions, you can focus on your wellbeing without worrying about the cost.
loan detail
transparent and supportive lending
Whether you need some additional support for an essential or non-essential medical procedure, we're here to help with a loan that lowers your interest rate as you go.
Secured loans of $4,000 - $30,000
Loan term of 1 - 5 years
No fees
No penalties for early loan repayment
Weekly, fortnightly, or monthly repayment options
Competitive interest rates from 20.50% to 39.00%
(APR 16.72% - 35.28%)
Same day funding
Earn discounts with our great offers below!
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WHAT can medical loans be used for?
Medical treatments and procedures
Whether you require surgery, specialised treatments or alternative therapies, our loans for medical bills can cover the costs associated with a wide range of medical procedures.
Dental care
Dental treatments, including orthodontics, implants or cosmetic procedures, can financially strain any household budget. With our dental loans, you can achieve a healthy and confident smile without worrying about the cost.
Cosmetic surgery
Finally ready to give yourself the makeover you’ve always wanted? Our flexible cosmetic surgery loans can help you live your most confident life.
Vision correction
If you're considering LASIK surgery or other vision correction procedures, our medical loans can provide the means to improve your eyesight and reduce reliance on glasses or contact lenses.
Medical equipment and assistive devices
From wheelchairs to other assistive devices, our medical loans can cover the expenses associated with acquiring the necessary medical equipment to improve your quality of life.
Hospital expenses
If you’re facing some bills following a stay in hospital, our hospital loans can take care of these expenses instantly, allowing you to focus on your recovery.
Why apply for a medical treatment loan with Salt & Lime?
From plastic surgery loans to loans for medical treatment, Salt & Lime’s extensive suite of medical loans can help you get the medical attention you need. Everyone deserves equal access to fast and flexible medical financing, including those with poor credit histories. We assess all applicants case-by-case, ensuring you receive a product that best meets your financial needs.
Still not convinced? Here’s what you can look forward to as a Salt & Lime customer:
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Great comparison rates
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Zero fees
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Ability to earn interest rate discounts
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Same-day funding available — review our terms and conditions to learn more
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No penalties for early repayment
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Secured loans of $4,000-$30,000
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Loan term of one to five years
As part of our service, we also offer car loans, personal loans and debt consolidation loans, ensuring all our customers have the resources to fund their financial goals. Learn more about our range of medical loans by contacting our friendly customer service today. Or, if you’re ready to apply, get started by submitting your application online now.
FREQUENTLY ASKED QUESTIONS
The Important Detail
Loan Amount: The Loan amount is subject to a minimum of $4,000 and a maximum of $30,000, secured by an owned vehicle.
Loan Term: The Loan term ranges from 1 to 5 years, as agreed upon by both parties.
Repayment Options: Repayments can be made on a weekly, fortnightly or monthly basis.
No Fees: No fees will be charged for the Loan, including for the establishment, settlement, or ongoing account keeping; and no penalties charged for early loan repayment.
Interest Rates: Interest rates range from 20.50% (APR 15.95%) to 39.00% (APR 33.02%). All rates displayed on this website are calculated on a per annum basis.
(1) APR: APR is the Annual Percentage Rate, or comparison rate, inclusive of fees and charges. Given there are no fees on Salt & Lime products, and borrowers may earn discounts to reduce interest rate over the life of the loan, the APR is lower than the advertised interest rate. To achieve a lower APR, customers will need to complete one or more of the 12 provided financial education modules, and/or register for Salary Split, where interest rate discounts are applicable. The advertised APR is calculated based on a secured loan amount of $10,000 over a term of 3 years, on a monthly repayment schedule, with all discounts applied as soon as they become available to borrowers (i.e. assumes modules are completed in the same month they are sent, and Salary Split is applied at the start of the loan). Example: A borrower with good credit borrowing $10,000 over a term of 3 years with monthly repayments, including an interest rate of 20.50% (APR 16.72%) and no fees - and where all financial education modules are completed over the life of the loan, and Salary Split interest rate discount is applied - would pay a monthly repayment of $377.72 and a total amount of $12,564.33.
Interest Rate Discounts: Borrowers may earn interest rate discounts by completing financial education modules provided over the life of the loan.
(2) Same Day Funding: Same day funding can be achieved if all required documents are received on the same day as requested, received in a reasonable timeframe prior to close of business.
(3) Module Discounts: A total of 3.50% in interest rate discount can be achieved over the life of the loan for completing financial education modules, where all 12 financial education modules will need to be completed for the full discount to be applicable. The first module will attract 0.75% in interest rate discount, and each module thereafter (11) will attract a discount of 0.25% each. Please note that the interest rate discount will place a borrower in advance on their loan, and will not alter the current contractual repayment amount. Please note that loans originated prior to 15 December 2022 can only achieve a maximum of 2.75% in interest rates discounts over the life of the loan, as an additional first module (attracting 0.75% interest rate discount) was introduced on this date.
(4) Salary Split Discount: A 2.00% interest rate discount can be achieved if the borrower successfully arranges a Salary Split, where repayments are made directly to the lender via the borrower's payroll. Borrowers will receive supporting forms at settlement, and may also request these forms to be re-sent at any time. The borrower must provide confirmation that the direct debit has been established in order for the discount to be applicable. Please note that the interest rate discount will place a borrower in advance on their loan, and will not alter the current contractual repayment amount.
(5) Refer A Friend Offer: A $100 discount can be achieved on the remaining balance of a current borrower's loan when they refer a friend using their unique referral code. Once the new referred borrower's loan has settled and the referral code verified, the discount will be applied. A $100 discount will also then be applied to the new borrower's current loan balance. There are no limits to the number of new referrals that a current borrower can make. Please note that the $100 discount will place a borrower in advance on their loan, and will not alter the current contractual repayment amount.
Security: The Loan will be secured by a registered security interest over the borrower's vehicle, as specified in the loan agreement. Borrowers must maintain comprehensive insurance on the vehicle for the life of the Loan and provide evidence of insurance upon request.