$500 - $5000
between $500 - $5000
up to 180 days
20% upfront establishment
fee 4% monthly fee

Small LOAN

Loan amount from $500 to $2000
Minimum 91+ days to Maximum 6 months
20% Establishment Fee and a flat 4% Monthly Fee*


Loan Amount of $1,000 over 20 weeks repayable weekly. $1,000(Principal Amount) + $200(20% Establishment Fee) + $200(fees based on 4% per month over 20 weeks) = $1,400 total repayable in 20 weekly repayments of $70.00.

*The example assumes timely repayment as per the loan agreement, or additional fees and charges may apply.


Loan amount from $2001 to $5000
Minimum 91+ days to Maximum 2 years
$400 Establishment Fee plus interest at 47.8% p.a. (Comparison Rate 66.58% p.a)*


Loan Amount $2500 over 2 years repayable fortnightly. $2,500 (Principal Amount) + $400 (Establishment Fee) + $1553 (Interest) = $4453 total repayable in 52 fortnightly instalments of $85.63

*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.

If you are in search of instant approval loans, you might have found yourself in a financial bind. When money is tight, unexpected expenses can put you in a difficult position. When your fridge or your car breaks down, for instance, you can't just wait weeks for a lender to process and approve your application or for your next payday to arrive to find a replacement. But where do you turn for funding within a short timeframe?

At Fundo, we offer small, short-term loans to help Australians with their urgent financial needs. We understand that life can throw curveballs, and we want to be there for you when it does. Our streamlined online loan application process makes it easier for you to get closer to securing the money you need, so you don’t have to turn to instant approval loans.

What do lenders require for instant approval loans?

When it comes to applying for loans in Australia, even if a lender advertises their products as ‘instant approval loans’, they may not be as ‘instant’ as claimed, as no responsible lender should simply approve every application that comes their way. 

Generally, the criteria for approval can vary depending on the type of loan, the lender, and the applicant’s individual circumstances. Fundo, for example, has simple and straightforward requirements for eligibility. If you meet the following conditions, you can qualify for our quick short term loans:

  • When you submit your application, you must be at least eighteen years old.
  • You must be an Australian citizen or a tax-paying resident.
  • You must regularly earn at least $300 a week, excluding government benefits.
  • You should be able to demonstrate that you will be able to meet repayment deadlines.
  • You should not place undue pressure on yourself by taking out a loan from Fundo.

Do smaller loan amounts get approved faster online?

While this ultimately depends on the individual lender, as each may have different requirements and approval processes for smaller loan amounts, in general, smaller loan amounts do tend to get approved faster online. This is due to several factors. 

First, the lender assumes less risk as they don’t have to put up as much money. Plus, a smaller amount means that lenders can be more confident in a borrower’s ability to make repayments even on a modest salary. Moreover, when it comes to online loans, lenders are often able to automate parts of the process which can help speed up the approval process as compared to the manual processes of traditional lenders.

With Fundo’s application process, you don’t have to search for instant approval loans because you can apply for a quick personal loan online with us wherever and whenever it's convenient for you. Applications are processed Monday through Friday from 9 a.m. to 6 p.m. and on Saturdays from 9 a.m. to 5 p.m. 

If your application is received and accepted within these hours, we will send your funds directly to your bank account immediately, often within the same day. If you submit after regular business hours have ended, you may receive a response to your application within the next twenty-four hours or the following business day.

What are my options if I need easy approval loans?

If you are looking for instant approval loans in Australia, there are a variety of other easier options available to you. Depending on your financial situation and credit history, you may want to consider one of the following:

Payday loans are small, short-term loans that are designed to be repaid on your next payday. This type of loan is generally easy to get approved for. However, this type of loan typically comes with higher fees that can lead to an ongoing debt cycle if managed improperly.

Another option is to apply for a secured loan, which requires you to provide some form of collateral, such as a car, home, or investment account, in order to secure the loan. This can make it easier to get approved and get favourable terms as the lender assumes less risk. Unfortunately, not everyone can afford to put up their assets and risk them being seized in the event of a default.

If you need funding to help with unexpected expenses, our personal loans at Fundo can be used for a variety of purposes, such as debt consolidation or home improvement. All our loans are unsecured and come with flexible repayment options so you can easily manage your repayments and get out of a financial pinch.

Fundo provides borrowers with a Fundo Credit Score, which you can interact with to improve the likelihood of getting future applications approved. This score is separate from your credit history with any of the credit reporting agencies in the country. You can boost your score by repaying early or on time, writing reviews, and referring a friend.

The higher your score, the better your chances of approval get. You can also get access to special discounts.

You can use our intuitive self-service account dashboard to monitor your score, make and reschedule repayments, and even receive top tips from the Fundo team on different financial wellness topics, whether it’s questions like ‘What are payday loans?’ ‘Are same day cash advances worth it?’ or ‘Where to find cash advance apps Australia?’

We’re here to help you put an end to your research on instant approval loans. Apply for a quick fast loan at Fundo today!

Disclaimer: Please note that the opinions expressed in this article are strictly for informational and entertainment purposes only and should not be taken as financial advice. Commentary views may change without notice at any time.