$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.

Let’s face it: emergencies happen, and a fast payday advance may be the last resort for many.

Even the best-laid plans can be caught unawares, and fast payday loans may be the more practical option when such one-time emergencies happen. With technology making our lives easier, you can apply for loans online today and possibly get your funds in just a few hours.

Fundo, for our part, has embraced the future. Our applications are now faster and more convenient for everyone, helping us offer same-day loan approval where it applies.

If you’re curious about how our online payday loans work, here is some basic information you’ll want to know.

How do payday advance loans work?

A fast payday advance is a type of short-term unsecured personal loan. This loan type does not require any collateral and typically has minimal eligibility criteria compared to other loans.

In Australia specifically, borrowers can apply for payday loan amounts of up to $2,000, which can be repaid anywhere from a few days to 18 months, depending on the lender. For some lenders, the repayment period may reach up to two years.

Borrowers can apply for money loans online or through physical lending institutions like banks. With the growing popularity of mobile devices, it’s becoming increasingly common for small, short-term loans to be applied for and processed entirely through the internet.

Fundo applications are entirely online as well. You can even track your application or active loan through our self-service dashboard. This dashboard shows you all the details of your account in a user-friendly format, all from the comfort of your mobile device. It also offers financial wellness advice to help you manage your Fundo loans more effectively.

As for who can apply for a Fundo loan, the minimum requirements are as follows:

  • must be at least eighteen years old when applying;
  • must be an Australian citizen or permanent resident;
  • must be earning at least $300 a week (excluding pensions or government benefits); and
  • must have an exit plan for completing repayments.

While we accept applications for fast payday advance loans from pensioners and concession card holders, we encourage borrowers to have a primary source of income separate from these funds. This will give your application a better chance of being assessed positively during the application process.

How quickly can I receive funds from a payday loan?

Generally speaking, small Australian cash loans are released anywhere from an hour after approval to a few business days after approval.

At Fundo, we process your application as soon as we receive it. However, processing times may vary as each application is assessed thoroughly. The good news is that if you send in your application during our business hours, it’s likely that you’ll hear back from us within the same day. This also applies for approvals and fund release: if everything is in order, we’ll have your cash loan funds sent to your nominated bank account within the day.

To wit, Fundo’s business hours are from 9:00 am to 6:00 pm, Mondays through Saturdays. Our consultants can also be reached during these hours for inquiries about your fast payday advance loans.

That being said, banks have different processing times between them. There may be some delays, and you may have to wait until the next day to receive your funds.

Don’t worry; Fundo will ensure that your funds are received as quickly as possible from our end.

Can I borrow from payday loans twice?

Lenders and loan facilities like Fundo are obliged by the country’s lending laws to loan funds responsibly, according to the National Consumer Credit Protection Act 2009 (National Credit Act). The principle of responsible lending is that if a credit product places undue financial stress on a borrower, then we may be obliged to recommend you apply again at a later time.

Moreover, having multiple emergency loans at the same time may affect your ability to repay them, hurting your credit score in the long run. For this reason, Fundo’s borrowers can only have one loan at a time. Once you’ve repaid your current loan, you can apply for another.

With that said, one way to encourage better fast payday advance offers or faster loan approvals at Fundo is through the Fundo Credit Score. This score is separate from your main credit score; that one is determined by credit reporting agencies like Equifax or illion, and is based on your credit history.

The Fundo Credit Score is unique to Fundo and is based only on your loan history with us. You can improve this score by repaying your loans on time, referring our loan products or services to your friends, or leaving us positive feedback on your fast payday advance loans. The higher your Fundo Credit Score, the better your chances are of getting a stronger instant loan offer next time you apply.

Loans can be great tools when used wisely – and they don’t have to be boring. Our easy and quick loan processes make fast payday advance loans more fun. And whether it’s bond loansdental loans, or other types of small, short-term loans you’re looking for, we’re confident we have something in store for you.

Apply for your Fundo first fast payday advance today!

This article is strictly for informational and entertainment purposes and should not be considered professional financial advice. Views expressed in the commentary in the article may change without notice.