Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
At Fundo, we understand that life has a knack for throwing unexpected expenses your way. Sometimes, you need access to an instant personal loan without the need for a credit check.

We will check your credit in some instances, but it only plays a small role in our decision. We won’t do it without your consent, which you give us when you apply for a Fundo loan. As part of our credit assessment, we may have to check your credit history. In this case, we will make an enquiry on your credit file.

With Fundo’s small or medium online loans, you can apply for and receive funding quicker than a traditional bank. These short-term quick cash loans are designed to cover unexpected expenses, making them a convenient solution for those in need of funds fast.

Managing multiple loans can be a challenge. While it is possible to get an instant personal loan even if you have existing loans, we believe in responsible borrowing and good financial habits.

You can technically apply for a personal loan from different banks or online lenders. This is, of course, as long as you meet their eligibility criteria. But it’s important to consider the potential financial stress that additional loans could place on you. At Fundo, we care about your financial health, and that’s why our priority is making sure that our short term loans are beneficial and manageable for you.

If we see that taking on an additional loan may create undue financial strain, it may lower the likelihood of getting loans approved in the future. Whenever possible, it’s best to tackle only one loan at a time to prevent overwhelming debt.

Calculating the monthly instalment for your instant personal loan with Fundo is simple and transparent. It all starts once you receive your loan offer. From there, you can see your payment schedule. It’ll also show you the amount you need to pay per instalment. 

This amount can vary based on different factors, such as the approved loan amount and when the loan will be repaid in full, whether in a few weeks or several years.

Job changes are a natural part of life, and they shouldn’t hinder your ability to access personal loans online. It’s still possible to apply for a Fundo loan even if you’ve recently switched jobs.

But when applying for an instant personal loan with Fundo, there are a few basic eligibility requirements. First, you need to be at least eighteen years old and a citizen or tax-paying Australian resident. Secondly, you should also have a regular income of at least $1,000 per fortnight, including government benefits and pensions. 

Lastly, you should be able to prove that you can meet payment deadlines and that the loan won’t place an undue burden on your personal finances. These criteria ensure that we can assess your repayment capacity responsibly.
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.