Personal Loans For Self Employed With No Proof Of Income
Same day funds up to $5,000
Same day funds up to $5,000
If you’re self-employed and need a personal loan without proof of income, it can be difficult to find a lender that understands your unique financial situation. Traditional lenders often require extensive income verification, which can be a hurdle for many self-employed individuals. At Fundo, we offer small loans starting from $500, and while we may request some financial documentation, our focus is on your overall financial situation, not just proof of income. This allows us to provide flexible financial solutions for self-employed borrowers who need fast access to cash.
Thousands of self-employed Australians have already turned to Fundo for financial support because of our understanding approach to lending. Our fast online application process makes it simple and convenient to apply for a loan, and once your application is submitted, our team reviews it quickly. Same-day approval is common, and after approval, the funds are typically transferred within hours, helping you manage your finances without the delays often associated with traditional lenders.
At Fundo, we also offer flexible repayment options, making it easy for you to repay the loan based on your specific financial circumstances. Whether you need a shorter repayment term or more time to repay, Fundo ensures that self-employed individuals can access the funds they need without the stress of stringent income verification requirements.
Can I get a loan without proof of income if I’m self-employed?
At Fundo, while we may request some financial documentation, we focus on assessing your overall financial situation. This means you may still qualify for a loan even if you don’t have traditional proof of income.
How fast can I get approved for a loan if I’m self-employed?
Fundo’s online application process is designed for fast approval. Once submitted, your application is reviewed promptly, and approval is often granted the same day. After approval, the funds are typically transferred within hours, depending on your bank’s processing times.
What can I use a loan from Fundo for?
Fundo’s small loans can be used to cover various short-term financial needs, including business expenses, personal bills, or emergency costs. Our loans provide quick access to cash when you need it most.
How flexible are Fundo’s repayment options for self-employed borrowers?
Fundo offers flexible repayment plans that are tailored to fit your financial situation. Whether you need a shorter repayment period or more time, Fundo ensures that managing your loan is easy and stress-free.
Safe
and Secure. 3 min
application²
Kim S.
Ellie P.
Robert D.
Safe
and Secure. 3 min
application²
Increase your Fundo Credit Score to boost your chance of getting approved on your next loan.
Safe
and Secure. 3 min
application²
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.
Safe
and Secure. 3 min
application²¹As 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.
I'd like to borrow ($500 - $5000)
