$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 have been looking up ‘instant loan apply’ on the internet in search of funding for urgent expenses like medical bills, debt consolidation, or car repairs and maintenance, then you’ve come to the right place! We know that having an urgent need for fast cash is both stressful and inconvenient, which is why our platform was designed to make the online loan application process quick and easy. 

If you need to borrow money today, Fundo offers small, short-term loans with flexible repayment terms, no hidden fees, and more exclusive features. Instead of searching for ‘instant loan apply’ online, just click on ‘Apply Now’ on our homepage. Follow the prompts by filling out some basic information, and you can be on your way to getting your application processed.

What income proof do I need to apply for an instant loan online?

If you are considering an instant loan apply option, when applying online in Australia, you will typically need to provide proof of your income. This can include recent payslips, bank statements, and other documents that demonstrate your ability to meet the repayment requirements of the loan. 

In some cases, lenders may also require additional proof of identity, such as a valid driver’s licence or passport. Having all the necessary information ready before submitting your application can help ensure a smooth and speedy application and review process so that you can get closer to securing your loan more quickly.

When you apply for a quick personal loan online at Fundo, we will ask you to provide:

  • your regular income details;
  • your government benefit details, if applicable;
  • proof of identification (e.g. Australian driver’s licence, proof of age card, passport); and
  • bank account details (bank name, account name, BSB, and account number).

On Mondays through Fridays, we process applications between 9.00 a.m. and 6.00 p.m., and on Saturdays, we process applications between 9.00 a.m. and 5.00 p.m. In the case of applications submitted at the tail end of business hours or afterwards, you may receive an outcome on the next business day.

Do I need to pay an establishment fee for instant loans in Australia?

When you are trying to find the cheapest cash loans, you want to account for all fees associated with the product, whether it has an instant loan apply feature or not.

As an Australian company regulated by the Australian Securities and Investments Commission (ASIC), all our fees at Fundo are in line with industry standards. There are two charges to take note of – an upfront establishment fee to cover the cost of setting up the loan and a monthly fee, both of which are flat rates calculated based on your principal.

This means that, unlike some other options that you might find by searching for ‘instant loan apply’ on your browser, you can easily calculate your total cost before even applying to determine whether it’s right for you, and as long as you make your repayments on time, you won’t have to worry about any additional fees down the line.

In order to qualify for a quick loan from Fundo, you must meet the following requirements: 

  • You must be at least eighteen years old when you apply.
  • You must be a citizen or tax-paying resident of Australia.
  • You must earn at least $300 per week in income aside from any form of government assistance.
  • You must demonstrate your ability to meet repayment deadlines.
  • You must not place undue financial pressure on yourself by borrowing from Fundo.

How short are the repayment terms for a small instant loan online?

If you try looking for ‘instant loan apply’ online, the repayment duration will largely depend on which lender you choose.

When you get a loan from Fundo, you get to customise your repayment period up to 180 days. Users typically select a timeframe that falls somewhere between five and twenty weeks. It is important to remember that the shorter the loan term, the more you will have to pay per repayment, as there is less time to spread out the amount due.

We understand that unforeseen circumstances can affect your repayment capabilities, but worry not; your due dates can be adjusted, as can the frequency of your payments. Get in touch with our friendly team if you have any questions or want to learn more about the options available to you. Do note that to make a change to the due date of your loan, we will need at least forty-eight hours’ notice.

Our borrowers can benefit from exclusive features like the Fundo Credit Score, a one-of-a-kind point system that we use to reward our users for good borrowing behaviour. This number is entirely separate from your credit score with the credit bureaus. Whenever you successfully close a loan account, repay on time, leave a review, or refer a friend, you can add points to your score. 

A higher score means a better chance of getting a future Fundo application approved. There are even special discounts you may be eligible for.

Use our interactive self-service dashboard to keep track of your score, make and reschedule repayments, and get regular pieces on financial wellness subjects from the Fundo team, whether you want to learn more about ‘no credit check instant loans’, ‘quick and easy loans Australia’, or ‘quick cash bad credit loans’.

Instead of searching online for an instant loan, apply for a super simple short-term loan with us right here at Fundo.

Disclaimer: Unless otherwise specified, the opinions expressed in this article are strictly for general informational and entertainment purposes only and should not be taken as financial advice or recommendation. Please note that any commentary views may change without notice at any time.