$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.

When it comes to cash loans, instant approval is the holy grail for many borrowers with budget gaps to address.

Instant loan approval often comes with more strings than one expects, though, which is why you must take your loan application to a fair and reasonable lender like Fundo. Here at Fundo, we stick to what lending laws in the country set as industry standards, which means you can rest assured that you’re getting a fair offer on loans when you apply for one.

That being said, if you need to loan fast cash right this moment, you’ll want to read this article first before diving into the application form.

Is it possible to get instant approval for cash loans?

Happily, the answer is yes – but all good things come with a catch.

Regarding Fundo’s cash loans, instant approval may not exactly be on the table, but same-day approval is possible for eligible applications, such as bad credit quick loans. We want to make this clear to manage expectations; our team reviews each application independently because we consider many factors than just credit score.

But what counts as an eligible application? There are key criteria we look out for. While these do not guarantee loan approval, they do improve your application’s chances if you meet all of them.

  • Applicants must be at least eighteen years old to apply.
  • Applicants must be Australian citizens or permanent residents.
  • Applicants must be earning a minimum of $300 a week, excluding government benefits.
  • Applicants must demonstrate a clear plan for completing their Fundo loan.
  • The applicant will not be placed under undue financial pressure by a Fundo loan.

While we accept applications for small cash loans from borrowers who supplement their income with government assistance or allowances, we do also encourage applicants to have a separate income stream from these benefits. This will give their application a stronger potential during application processing.

If you have any questions about cash loans, instant approval possibilities, or the application process, reach out to our customer service team during our business hours. They’ll be more than happy to walk you through your options.

What are the advantages of online loans?

Increasing access to the internet through mobile devices has enabled more Australians to access other services, such as online loan applications. As a result, online emergency loans and same-day loans are becoming more accessible and commonplace.

Thanks to this instant connectivity, a few key advantages have risen to notice. Here are a few of these advantages.

Mobile technology

In the literal sense, we now carry the equivalent of supercomputers in our pockets every day. Paired with mobile apps for surfing the web, devices like mobile phones and tablets have made cash loans fast applications much more portable.

This means that you can apply for cash loans – instant approval possible, though not guaranteed – right from the comfort of your own home, during work breaks, or while holidaying out in the bush or the beachside. 

You’ll be glad to know that Fundo offers fully online applications too. You can send us an application when you need to, as you need to – no waiting in line is necessary.

Extra customer-oriented services

Because many online lenders and facilities are competing for your attention, they’ve added extra services that you wouldn’t normally have through more mainstream lenders like banks or lending institutions.

One such feature is Fundo’s self-service dashboard, which separates itself from the rest by interacting with you through financial wellness advice. This advice we provide free of charge, so you’re both getting much-needed funds and helpful financial literacy help when you have an active loan with us.

Not only that, the dashboard is your central hub for everything related to your loan account. From your repayment history, repayment schedule, account information, and other important details, you can view and manage them easily through your dashboard. It’s a great help, especially for first-time borrowers who want to develop strong borrowing habits right out of the gate.

Greater loan accessibility 

One of the biggest hurdles for some borrowers is their credit score – that is, they may not have the best credit score for a variety of reasons. More mainstream lenders are hesitant to lend to them until their score improves, but to improve their score, they need access to new cash loans, instant approval or not.

It’s a bit unfair, to be honest – and we at Fundo agree with this sentiment. As mentioned previously, while we do not approve all bad credit loan applications, we do consider more aspects of a person's creditworthiness than just their credit score, including their current ability to meet repayments.

Another way that we do so is through the Fundo Credit Score, an interactive system we have to help our borrowers improve their chances of getting their applications reviewed sooner. For example, your Fundo Credit Score increases when you repay fast quick loans early or on time, refer Fundo to friends and family, or leave us positive feedback.

How long does it take for online loans to be processed?

Fundo’s entire application system is completely online round the clock, so you can apply at any time of the day – or night – and not worry about your application getting lost in the post or under sheaves of paperwork.

To be clear, however, while Fundo’s application system is open 24/7, our loan processing teams maintain business hours. This is because we review each application independently to give everyone a fair shot at their desired loan. With our cash loans, instant approval is also not guaranteed, but we do make it possible for eligible applications or loan releases to be approved on the same day.

We encourage borrowers to send in their applications either before business hours open or during peak business hours for better chances of your application being seen on the same day.

More engaging loans at Fundo

Along with strong loan products and services, Fundo offers our borrowers benefits and features that help them manage and interact with their loan accounts. From online money loans to bond loans, we have a product that can be suited to your needs.

So what are you waiting for? Apply for small loan with us today!

Disclaimer: Please note that this article is only intended for general information and entertainment purposes and should not be considered financial advice. Commentaries or opinions expressed in the article may change without notice at any time.