Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
Here at Fundo, the loan amount that is granted to you is determined by a variety of factors. This may include your income, your requested amount, and how well you have demonstrated your ability to make repayments on time. 

We offer small loans that range from a few hundred dollars to medium loans in the thousands for those who have larger expenses they need to cover. Our maximum loan amount may change over time, so it’s best to check our home page for updated information.

An instant small amount loan can be beneficial for students. Education-related expenses can pile up, after all. From pricey textbooks to organisation fees, living expenses, and the like, you may need some funds to help you out. 

At Fundo, loans can only be approved for people who earn a regular income. To be eligible for our instant cash loans, you must:

That means if you’re a student who earns at least $1,000 per fortnight, we may be able to process your application for small loans. 

Having no credit history shouldn’t stop you from applying for instant small amount loan offers. 

At Fundo, we consider your current ability to make repayments, not just your past. So if you haven’t used a credit product but meet the above-listed requirements and need extra funds, you can try to apply for a loan with us. 

Those with a credit history that isn’t so perfect shouldn’t fret either. Because we focus on an applicant’s present circumstances, you still have a shot at getting your loans approved.

An instant small amount loan can help you get through unexpected expenses. Let’s say you sustained a minor injury and need help with the medical bill. Or your car has broken down and you need a little extra for repairs. An easy loan can help you manage such expenses without having to take out a huge lump sum from your savings account.

If you consistently make Fundo repayments on time, you can also raise your Fundo Credit Score (this is different from your actual credit bureau score). The higher your Fundo Credit Score, the higher the chances of your future Fundo loan applications being approved!

As long as you can afford to repay the debt and manage your repayments well, there are few drawbacks to taking out small loans online. Those drawbacks only happen when you miss a payment or make late payments, as these can result in additional charges. 

Those who default on instant personal loans, whether they’re Fundo loans or otherwise, also may cause a dent in their credit score. That’s why it’s important to borrow responsibly, only when you know you can handle making repayments. Good borrowing behaviour will translate into more benefits for you in the long run.

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.