$500 - $5000
between $500 - $5000
up to 180 days
20% upfront establishment
fee 4% monthly fee

Small LOAN

Loan amount from $500 to $2000
Minimum 91+ days to Maximum 6 months
20% Establishment Fee and a flat 4% Monthly Fee*


Loan Amount of $1,000 over 20 weeks repayable weekly. $1,000(Principal Amount) + $200(20% Establishment Fee) + $200(fees based on 4% per month over 20 weeks) = $1,400 total repayable in 20 weekly repayments of $70.00.

*The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.


Loan amount from $2001 to $5000
Minimum 91+ days to Maximum 2 years
$400 Establishment Fee plus interest at 47.8% p.a. (Comparison Rate 66.58% p.a)*


Loan Amount $2500 over 2 years repayable fortnightly. $2,500 (Principal Amount) + $400 (Establishment Fee) + $1553 (Interest) = $4453 total repayable in 52 fortnightly instalments of $85.63

*The comparison rate is specific to a $2,500 loan over a two-year term with a $400 establishment fee and fortnightly repayments. Any deviation in loan amount, term, or additional fees and charges can result in a different comparison rate, and the given comparison rate only applies to the presented example.

The main problem that you may face when trying to apply for a loan – same day payment available or not – is finding a lender who can offer you a good deal. This is because lenders often have different requirements for applicants, and some may be more lenient than others when it comes to approving applications. With all the different lenders out there, how do you even know where to start?

If you’ve been typing ‘apply for a loan same day payment’ into your search bar, you may be looking for a way to cover an unexpected expense or emergency cost. Unexpected bills can be hard to manage, especially if you do not have sufficient savings or access to other forms of credit. Whatever your individual situation, Fundo is here to help. We offer a range of small short-term loans at a speedy turnaround rate. 

What type of loan should I apply for if I need money fast?

The type of loan you should apply for if you need fast cash in Australia depends on your specific needs and financial situation. It’s important that you understand what a certain type of loan has to offer instead of rushing to apply for a loan, same day payment​​ possible or not. This will help ensure that you choose the right loan for your financial situation, as there is no catch-all guaranteed cash loan.

Personal loans like what we offer here at Fundo typically have more flexible repayment options than other types of loans. For example, if you are looking for a loan to pay off unexpected expenses like medical bills or car repairs or to consolidate multiple debts, a personal loan may be an ideal option.

The process of applying for a small short-term loan with Fundo is simple and quick! With just a few simple steps, we can have your application processed. Just click the ‘Apply Now’ button and provide some essential details like your regular income, government benefits, proof of identity (such as your driver’s licence, passport, or ID), and bank details, and you can be closer to getting a loan.

Our business hours are from Monday to Friday, 9 am to 6 pm, and on Saturday, 9 am to 5 pm. If your application is submitted and approved during business hours, there’s a chance you can receive your money within the same business day, which is great for those who are looking to ​​apply for a loan, same day payment possible.

However, if you submit a response at the end of a working day or outside business hours, you may receive a response on the following business day.

Is there an income requirement for same day loans?

Yes, if you want to apply for a loan, same day payment or not, keep in mind that there is typically an income requirement. Generally, lenders require borrowers to have a steady source of income that is sufficient to cover the loan repayment amount. This could be a job salary or other forms of income, such as benefits or pensions. 

The exact income requirements for each lender may vary, and some may also take into account other factors such as credit score and the amount of the loan.

Fundo only has a few simple requirements that you must meet to qualify for a loan. To be eligible for our quick loans online, you must:

  • make a regular income of at least $300 a week, excluding government benefits;
  • be at least eighteen years old when you apply;
  • be an Australian citizen or tax-paying resident;
  • demonstrate an ability to meet repayment deadlines; and
  • not place yourself under any unreasonable financial stress by borrowing from Fundo.

Do I need a good credit score to qualify for same day loans?

A person’s credit score is usually treated with considerable weight by lenders when they try to apply for a loan, same day payment or not. The lender you are applying to may require you to have a minimum credit score in order to qualify for the loan. Having a good credit score may make the loan approval process easier and faster, as lenders may view you as a lower-risk borrower. 

While it’s better to have a good credit score, you don’t need to have an excellent one in order to qualify for a loan. At Fundo, we understand that having an imperfect or even a lack of credit history isn’t necessarily your fault. Your credit history is only one factor that we consider in looking at your loan application. 

We take a holistic approach to reviewing loan applications instead of just focusing on the negative marks on your credit. We even have our own Fundo Credit Score, which is separate from the credit score you have accrued with credit bureaus. The higher your Fundo Credit Score, the more likely your future loan applications are to be approved at Fundo.

It is our way of rewarding you for good borrowing behaviour. You can win points by paying your loans early or on time, leaving a review, or referring a friend! You can also increase your Fundo Credit Score by sticking with us for all your financing needs.

Use our self-service interactive dashboard to keep track of your score, manage your loan, and make or reschedule repayments. We also send tips on topics like ‘small advance loans’ and ‘payday loans NSW’ to support you on your journey towards financial wellness.

Instead of searching for ‘how to apply for a loan same day payment’ or ‘loans like Sunshine loans’, apply for small loans today with us at Fundo.

Disclaimer: This article should not be taken as financial advice or recommendation. The opinions expressed are merely for general informational and entertainment purposes. Any commentary views are subject to change without notice at any time.