Cash Personal Loans
Same day funds up to $5,000
Same day funds up to $5,000
Life is full of unexpected twists and turns. At Fundo, we know that sometimes everyone needs a helping hand to go through those challenges. That’s why our personal loan options are designed to provide you with the flexibility and support you need. When it comes to what you will be using cash personal loans for, though, that’s completely up to you.

You could be dealing with unexpected medical expenses. Maybe your home is in need of repairs. Or maybe you’re consolidating debt. You could be in the midst of planning a dream vacation or even starting a small business. Whether you’re looking for emergency loans or quick cash loans to help you reach your goal, our cash personal loans are versatile and useful in a pinch.

We’re more than just a lending institution; we’re your financial partner. This is why we work hard to provide you with the best funding experience possible.

If we’re talking about personal loans, online options are much more convenient and hassle-free compared to traditional banks. Because unlike those small bank loans, you can apply for personal loans online from the comfort of your own home, with nothing but a computer or smartphone. This eliminates the need to visit a physical branch, which saves you time and effort.

Online lenders also tend to provide streamlined application processes. By providing simplified forms and requiring fewer supporting documents compared to traditional banks, the application process becomes quicker and less frustrating for you.

Compared to banks, online lenders typically get loans approved faster and have quicker disbursement times, too. Some may even provide near-instant decisions on loan applications, and if approved, the funds can be transferred to your bank account within a short period of time, sometimes as quickly as the same day.

A secured personal loan is backed by security, like a car or property. By providing security, you give the lender an asset to claim if you happen to default on the loan. This gives your lender security, but it also benefits you. Security allows them to offer lower interest rates and larger loan amounts. Secured loans are commonly used for major purchases, debt consolidation, or when someone has a lower credit score.

On the other hand, an unsecured personal loan doesn’t need security. Instead, it’s based purely on your creditworthiness and your ability to pay back the loan. Plus, unsecured loans usually come in smaller amounts. They’ll have higher interest rates to boot. Typically, they can be used for smaller expenses such as home improvements, medical bills, or unexpected emergencies.

There’s one key difference between the two options, and that’s in the level of risk for both the borrower and the lender. With a secured loan, the lender has security to fall back on in case you aren’t able to pay, which reduces their risk. Unsecured loans, on the other hand, carry a higher risk for the lender since there is no security. To protect their risk level, they’ll rely on stricter criteria and higher interest rates.

At Fundo, our goal is to make everyone’s loan application process accessible and hassle-free. If you’re worried about the income requirement for personal loans, you’ve found the right people to help.

Clearly, everyone’s financial situation is unique. We do consider income as one of the factors in the loan approval process. But rest assured that we take a holistic approach by taking in other factors, like your current ability to make repayments.

We have helped out a wide range of individuals, whether you have a steady income or happen to take in irregular earnings.

We also know you’re looking for a lender that is flexible and understanding. Each loan application is assessed on a case-by-case basis. This is where we take into account factors such as employment status, income stability, and repayment capacity. It also means we are able to grant loans to a wider range of customers, including those with a not-so-great credit score. So if you need a loan today, rest assured that you can turn to us.

Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Loan amount from $500 to $2000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2001 to $5000
Minimum 91+ days to maximum 2 years
$400 establishment fee, interest at
47.80% p.a. (comparison rate 66.58% p.a.)5
4 Fees are based on loan principal advanced.
5 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.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
¹As soon as you sign your contract and if all other requirements have been met, we instantly send the funds to your nominated bank account. If your bank works with the New Payments Platform (NPP), most customers see funds in their account within 60 seconds. If your bank is not NPP enabled, or it is a weekend or a public holiday, the funds are usually received by the next business day. Fundo cannot guarantee that loan funds will be received within 60 seconds
²Applying for a loan with Fundo usually takes about 3 minutes. However, this time can change based on a few things, such as your typing speed, the device you're using, and whether you have all the necessary information ready to go.
³As the approval process is influenced by various external factors, we can't guarantee that you'll receive a decision on the same day. However, most of our customers do receive a same-day response to their application with Fundo, if they submit their loan application and all the requested supporting information by 4pm Sydney time during a regular business day.
We typically respond within 2 min or sooner.