$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.

Contrary to popular belief, most people apply for small loan products after much thought – it’s very rarely a spur-of-the-moment decision.

The truth is that there are times in life when a small amount loan is a practical option available to us. Loans are typically the last on a list of options when unforeseen circumstances, holiday expenses, or budget gaps arise. We understand the responsibility that comes with such commitments, so we take care to look for quick little loans that we can reasonably and comfortably afford.

Not all lenders offer the chance to even apply, however. Some lending institutions may insist on exhaustive credit requirements before you’re even considered for pre-approval – a disheartening process, especially if you’re only seeking to apply for small loan products for a one-time expense.

We at Fundo are a people-oriented direct lender, on the other hand. We’ve made it our goal to offer our loans to a wider demographic of borrowers, including those who may not always get a chance to apply for loans. With a 100% online application system making the whole process more convenient, we also make our loans easier to access from any device at any time of the day.

Here’s more information you’ll need about our process if that sounds ideal for you.

What is the smallest loan amount I can borrow in Australia?

Personal loans are the most common type of small unsecured loans available online, especially in the Australian lending market.

Personal loans have little or no collateral and are typically repaid within weeks or months. In most cases, these loans have a minimum eligibility requirement, such as proof of employment, a bank account, and government-issued proof of identification. To wit, short-term loans are a popular type of personal loan, as are cash direct loans and quick cash loans

Though the specific amounts vary between lenders, short-term personal loans in Australia typically have a range of $500 to $2,000 loanable amounts. The same is true for Fundo: you can borrow anywhere between $500 and $2,000, which is payable for up to 180 days.

Most of our borrowers typically choose loan terms in the 5-to-20-week range when they apply for small loan products, giving them more flexibility over how they plan to repay their loans.

If you have any questions about our application process or other loan products, don’t hesitate to reach out to us during our business hours. Our customer service team is available Mondays through Saturdays.

How are interest rates for small online loans calculated?

At Fundo, our interest rates are calculated according to the responsible lending legislation. These laws establish what is fair and reasonable for lenders to associate with their instant cash loans, and we make sure to adhere to these lending laws for every loan we offer.

We understand that interest rates can be a big reason for wanting to apply for small loan offers. With that in mind, the Fundo Credit Score is a fun and interactive feature that is free to use for borrowers who want to check their chances of getting approved.

The Fundo Credit Score is a unique score we give your account that you can use to improve your application’s chances of being processed faster, especially if you need a loan reviewed urgently. You can improve this score by recommending Fundo to friends or family via referrals, repaying existing loans on time, and leaving us positive reviews or feedback. The higher your score, the greater your chances of a faster application turnaround.

Can anyone apply for a small cash loan online?

Anyone can apply for small loan offers online – but with other lenders, some may not even get a small loan application through the proverbial door. That’s not the case here at Fundo, though. We understand that each person’s living situation is a complex matter and that no two situations are the same, and we aim to give everyone who applies for a Fundo loan a chance at a fair assessment.

If you’re curious about the eligibility criteria at Fundo, then they are as follows:

  • The borrower must be at least 18 years old.
  • The borrower must be an Australian citizen or permanent resident.
  • The borrower must be earning at least $300 weekly, excluding government benefits or pensions.
  • The borrower can demonstrate their ability to complete repayments on time.
  • The borrower will not be under undue financial hardship by borrowing from Fundo.

While we may consider applications from applicants who rely on pensions or allowances, we strongly encourage that you have a separate primary income source before you apply for small loan products with us. This will give your application a stronger chance of being positively reviewed.

Similarly, we accept applications from interested applicants with less-than-ideal credit scores. However, approval is on a case-by-case basis, and there is a chance we may ask you to reapply at a later time.

If you’ve already decided to apply for small loan products with us and need some help organising your repayments, we encourage you to use the self-service dashboard. The dashboard gives you updates on your repayment schedules, current loan information, application status, and other account management information. You’ll also get free advice from us about your financial health through the dashboard, which you can use to better manage your loans.

We make loans more interesting here at Fundo. From dental loans to fast money loans, we have something in store for nearly every need.

Give us a chance and apply for new short-term loans online today.

The opinions expressed in this article are strictly for general information or entertainment purposes only and do not constitute financial advice. The views expressed in the article may change without notice at any time.