Ready. Set. Loan.
Same day funds up to $5,000
Same day funds up to $5,000
Understanding simple loans is a useful skill to have when hunting for loan options. At Fundo, our loans are straightforward and easy to understand, designed for everyday Australians like you.

A simple loan typically has three main features: the credit amount, which is the approved loan amountplus all fees and interest; the interest rate; and the loan term or duration, which is how long you’ll be repaying your loan. These features can be further defined according to the lender’s requirements.

With that said, you’ll be glad to know that Fundo’s easy, fast loans not only skip the confusing jargon and legal terms but also emphasise transparent fees and flexible repayment options. We’re all about making our short-term loans easy to get and quick, so you’re not left hanging when you need them the most.

In summary, simple loans should be just that: simple. At Fundo, that’s exactly what you can expect.

Fundo’s simple small loans let you borrow amounts of $500 to $2,000, while medium loans let you borrow amounts ranging from $2,001 to $5,000.

The good news? If you need flexibility with repayments, then you have some options. You can generally choose a repayment period of a few months or longer. This helps you make sure you can manage your repayments.

Now, unlike traditional banking institutions, we prioritise flexibility. Our application process stands out with its simplicity and swiftness, as it’s 100% online, eliminating any tedious paperwork. Our processing for small same-day cash loans also allows us to potentially deliver funds on the same day for small loan applications that meet our criteria for approval.

Navigating the loan application process at Fundo is easy.

To qualify for our simple loans, you must be an Australian citizen or permanent resident over the age of eighteen and earn a regular income of at least $1,000 per fortnight, including government benefits.

Additionally, you should be able to show that you can comfortably meet your repayment dates if you’re approved for any simple loans. Fundo doesn’t want to put you under undue financial pressure. We’re here to help you, not make life harder!

If you meet the above mentioned criteria, then visit our website and apply for a loan. You can apply for our loans online for ultimate convenience. No lengthy queues, no laborious paperwork – just simple, efficient online processing from the comfort of your home. That’s how we roll at Fundo!

To qualify for Fundo’s fast small loans, you need to have a regular income of at least $1,000 per fortnight, and this amount already includes any government benefits you are receiving. We want to ensure that taking on a loan will not put unnecessary financial stress on you.

That being said, not every employment situation is clear-cut. Maybe you’re a freelancer or a contract worker, or your income is complex for other reasons. Get in touch with us if your circumstances are like this. We’re always here to discuss your circumstances and explore possible loan solutions that would be a good fit for you. 

Similarly, if you’re a pensioner with an income of at least $1,000 per fortnight, you may also be eligible for a loan. However, if you solely rely on pension income, we may have to ask you to try applying at another time.

Fundo’s goal is to make your financial journey as simple and stress-free as possible. That’s why we’re always ready to help you find the simple loans you’re looking for.

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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.