1. Overview
Breezy Loans Pty Ltd (ABN: 29 627 702 943) has developed this Target Market Determination (TMD) in accordance with section 912D of the Corporations Act 2001 (Cth).
This TMD describes the target market for our personal loan products and outlines the distribution conditions.
2. Products Covered
This TMD applies to the following personal loan products:
- Personal Loans ($300 - $70,000)
- Unsecured Personal Loans
- Quick Loans
- Wedding Loans
- Emergency Loans
- Holiday Loans
- All other personal loan products offered by Breezy Loans
3. Target Market
Our personal loan products are designed for consumers who:
3.1 Consumer Profile
- Are 18 years or older
- Are Australian residents or citizens
- Have a regular source of income (employed, self-employed, or Centrelink recipient)
- Require access to funds for personal purposes
- Have limited access to traditional banking products
- May have imperfect credit history
- Need funds quickly and conveniently
3.2 Likely Consumers
- Consumers needing emergency funds (medical, car repairs, utilities)
- Consumers consolidating existing debts
- Consumers funding life events (weddings, holidays)
- Consumers making home improvements
- Consumers with bad credit seeking credit options
- Young professionals building credit history
- Self-employed individuals without traditional credit access
3.3 NOT Target Market
- Consumers with primary purpose of business/investment lending
- Consumers seeking loans under $300 or over $70,000
- Consumers under 18 years old
- Non-Australian residents without valid work visa
- Consumers seeking interest-only or investment products
4. Loan Characteristics
| Feature | Details |
|---|---|
| Loan Amount | $300 to $70,000 |
| Loan Term | 6 months to 5 years (flexible) |
| Interest Rate | 18% to 48% per annum (varies) |
| Establishment Fee | Typically 5-10% of loan amount |
| Monthly Fee | $5-$15 (product dependent) |
| Approval Time | 60 minutes to 24 hours |
| Funding | Same day to next business day |
| Collateral | Unsecured (no collateral required) |
5. Eligibility Criteria
To be eligible for a personal loan from Breezy Loans:
- Must be 18 years or older
- Must be an Australian resident or citizen
- Must have a valid income source
- Must pass affordability assessment
- Must meet lender partner's credit policy
- Must provide truthful application information
- Must be willing to authorize credit inquiries
6. Exclusions
The following consumers are NOT in our target market:
- Consumers seeking loans for investment or business purposes
- Consumers unable to afford repayments
- Consumers seeking loans for prohibited purposes
- Consumers without verifiable income
- Consumers who decline credit authorization
7. Distribution Conditions
Our personal loans are distributed through:
- Direct online applications at www.breezyloans.com.au
- Phone applications (1300 XXX XXX)
- In-person applications at our office
- Partner referral programs
Retail Conditions: All applications are assessed against this TMD. Applicants outside our target market will be declined or referred to alternative products.
8. Review and Updates
This TMD is reviewed regularly and updated when:
- Loan product features change significantly
- Regulatory requirements change
- Distribution methods change
- Target market experiences change
- Annual review cycle (minimum annually)
Last Reviewed: November 2025
9. Contact Information
For questions about this Target Market Determination:
Breezy Loans Pty Ltd
Email: hello@breezyloans.com.au
License: 389610
ABN: 29 627 702 943