Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
If you’re looking to get loans on the same day, you’re probably curious about how high interest rates can get in comparison to traditional banks. Applicable rates and fees can vary from lender to lender. 

At Fundo, we chargerates in line with industry standards and legislation. Rest assured that you’ll always know upfront about the costs involved with your loan. 

We know that circumstances vary from person to person, and we offer small and medium personal loans for your urgent expenses. Need a loan but also need clarification on how we calculate interest rates and fees? Feel free to chat with our customer service team.

Is it possible to receive funds from loans on the same day you apply, even if you have a low income? Here at Fundo, our loan decisions hinge on a variety of factors, but you certainly don’t need a sky-high income to apply for a personal loan from us. To be eligible for quick cash loans, you will need to:

For many lenders, you would be able to choose the repayment schedule that suits you best from the available options. This can vary depending on the amount borrowed. Larger amounts, for example, usually have a repayment period of a few months or years. 

At Fundo, one of the things we are proud of as a responsible lender is our ability to give eligible Australians flexible repayment terms on their loans. When you apply, you are able to choose the repayment length that suits you best for your cash loan. This helps ensure that you can manage your repayments without placing undue financial pressure on yourself. 

It’s important to be aware of your repayment schedule for loans and practise good, consistent borrowing behaviour. 

When you become a Fundo customer, you’ll be able to see what we call your Fundo Credit Score (different from your credit bureau score). The more ‘good habits’ you show, like on-time or even early repayments, the higher your Fundo Credit Score becomes, which increases your likelihood of future approval for quick loans with us.

The great thing about applying for Fundo quick cash loans is that if you apply well within business hours, your application will most likely be processed by our team within the same day. Business hours are from Monday to Friday, 9.00 a.m. to 6.00 p.m., and Saturday, 9.00 a.m. to 5.00 p.m., Sydney time.

If everything goes well and your loan gets approved, you will probably receive the funds from your loanon the same day. You’ll need to take note of your bank’s processing times, though. If fund disbursement doesn’t meet your bank’s cutoff time, you may receive the funds on the next banking day. 

Still searching for terms like ‘loans on the same day’? Apply for a small or medium loan at Fundo today! 

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.