Loan With Bank Statement Only
Same day funds up to $5,000
Same day funds up to $5,000
Finder
We approved 320+ loans in the last 24 hours!
If you’re looking for a loan but don’t have traditional documents like a payslip, a loan with bank statement only could be the perfect solution. Fundo offers flexible loan options that allow you to apply using just your bank statement, helping individuals with non-traditional income sources such as freelancers, part-time workers, or those receiving Centrelink payments. With a simple online application process and quick approval times, Fundo makes it easy to get the funds you need, fast.
How do loans with bank statement only work?
Loans with bank statement only are designed for people who may not have regular payslips but can provide proof of income through their bank account. Here’s how the process works:
This type of loan is perfect for those who may not have a payslip but can still show regular income via their bank account. If you need a quick loan without the hassle of traditional documentation, Fundo’s cash loans without payslip are an excellent option.
Can I get a loan with just a bank statement if I’m self-employed or on Centrelink?
Yes, Fundo offers loans for individuals with non-traditional income sources, such as freelancers, contractors, and those receiving Centrelink payments. We assess your income by reviewing your bank statement, so as long as you can demonstrate a regular income of at least $1,000 per fortnight, you may qualify for a loan.
If you don’t have a regular payslip but can show proof of income through your bank transactions, you can still apply for a loan. This makes the process flexible and accessible for many Australians who may not meet the requirements for traditional loans.
How quickly can I get approved for a loan with a bank statement only?
At Fundo, we prioritize speed and efficiency in the loan approval process. Here’s what you can expect:
If you need even faster access to funds, Fundo also offers 1-hour emergency loans, which are designed for urgent financial situations.
FAQs
Do I need a payslip to apply for this loan?
No, Fundo offers loans without a payslip, where you can provide your bank statement as proof of income.
Can I apply if I have bad credit?
Yes, Fundo considers applicants with bad credit. We focus on your current ability to repay the loan, not just your credit score.
How can I repay the loan?
You can choose flexible repayment options, including weekly, fortnightly, or monthly repayments, based on what works best for your budget.
Are there any hidden fees?
No, Fundo is fully transparent about fees. All costs are explained upfront, with no hidden charges.
Can I repay my loan early?
Yes, Fundo allows early repayment without penalties. Repaying your loan early can save you money on interest and improve your Fundo Score.
How fast can I get my loan approved?
If you apply during business hours, you could get approved the same day and receive the funds shortly after. For faster options, check out our high approval payday loans.
Safe
and Secure. 5 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 5 min
application²
Safe
and Secure. 5 min
application²
Loan amount from $500 to $2,000
Minimum 91+ days to maximum 6
months
20% establishment fee and a flat
4% monthly fee4
Loan amount from $2,001 to $5,000
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 Comparison rate is based on an unsecured loan of $2,500 over a term of 2 years.
WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
6 The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.
Safe
and Secure. 5 min
application²Terms and conditions and fees and charges apply. Approval and loan amount are subject to our credit assessment criteria.
¹As soon as you sign your contract, 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 its a public holiday, the funds are usually received by the next business day
²Applying for a loan with Fundo usually takes about 5 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.
Fundo is an Australian direct lender that offers short-term, small loans without any legal jargon or red tape. Our online loans are designed to provide access to a broad range of qualified applicants, including those with less-than-perfect credit.
Finding small loans with flexible repayment terms is now a reality with Fundo - no need to keep searching for 'Debt Consolidation Loans Bad Credit', 'Personal Loan With Fast Approval', or '24 Hours Cash Loans'. Applying for Fundo loans in the future gets more engaging when you pay off your loans in advance penalty-free while also increasing your chances for approval.
Fundo believes that eligible applicants should be able to get closer to the loans they need. If you've been looking for small cash loans through search terms like 'Instant Approval Loans Need Cash Today', 'Payday Loans No Credit Check', or 'Savvy Loans', then you can stop looking now - let us show you how easy it is to apply for a loan with Fundo.
We typically respond within 2 min or sooner.
I'd like to borrow ($500 - $5000)
