$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.

We have our reasons for searching for instant loan payday – but whatever these reasons are, it’s always frustrating when the results we get aren’t suitable for what we need.

It’s not fun when we encounter a lender that will take days to get back to you on your application or has unclear terms or offers on payday loans online.

While not a payday lender, Fundo agrees with the sentiment, which is why we’ve made our application process as smooth and simple as we can make it. With Fundo’s online process, same-day loan review or approval is possible for eligible applications.

Even better, same-day loan release is also possible for qualified borrowers.

Before you fill out our application form, though, read on for some basic information about our process.

What are the easiest types of payday loans to apply for?

Payday loans, bad credit cash loans, and instant approval loans are examples of small, short-term loans. Consequently, small, short-term loans are a type of unsecured personal loan, which is commonly the type that online lenders like Fundo offer to borrowers.

Personal loans are for individual or personal expenses and usually have less strict requirements than mortgages or high-risk business loans. Personal loans also typically come in two types: secured loans, which require collateral, and unsecured loans, which do not.

At Fundo, all of our loan products are personal unsecured loans. We have several types of loans as well, which can meet various needs and requirements. With loans ranging from $500 to $2,000 and terms using clear and jargon-free language, we’re confident you won’t need to search for ‘instant loan payday’ or ‘payday instant loans’ after you’ve seen our offers.

Do requirements for payday loans differ depending on the lender?

Each lender has their own eligibility criteria. At Fundo, we have minimal requirements, which you can see below:

  • The borrower is at least eighteen years old.
  • The borrower is an Australian citizen or permanent resident.
  • The borrower is earning at least $300 a week (excluding government benefits).
  • The borrower has a clear plan for completing their Fundo loan that can be demonstrated.
  • The borrower won’t be under financial stress if their Fundo loan application is approved.

To be clear, meeting all of these requirements does not mean instant loan approval. Rather, these are among the criteria we look at closely when we review applications. 

For example, if a borrower does not meet the minimum income requirement, we may ask them to apply again at a later time so that they have an income source separate from their government benefits or allowances.

This is because Fundo follows the responsible lending laws of both the federal and state governments, and we don’t want to place our borrowers under any undue financial hardship, especially those looking for an instant loan payday or a quick payday loan.

If you’re curious about your chances at loan approval, check out the Fundo Credit Score. It’s a reward system that’s unique to our lending platform; the higher your score, the higher your chances of getting approved.

To increase your Fundo Credit Score, simply repay your loans on time or earlier, refer our products and services to friends and family, and leave us reviews about your experience loaning with us. We encourage you to try this feature out and see how it can change how you interact with your loans.

Can I receive my instant loan payday within an hour?

Why search for ‘instant loan payday’ or ‘cash loan payday’ when Fundo’s small loans can be released on the same day?

If you need to borrow money quick, Fundo may be the lender you’re looking for. With us, if you apply and get approval during business hours, you can get your funds within the same day. If you’re also interested in improving your chances of loan approval, pair the following tips with your Fundo Credit Score.

Choose your loan amount wisely

When it comes to quick loan apps or when searching for ‘instant loan payday’, it never hurts to be conservative with your loan amounts. If your prospective loan goes above what you can reasonably pay weekly, fortnightly, or monthly, then it will affect your application’s chances.

This tip also helps you manage your loan payments better, especially since you won’t just be paying your loaned funds but some associated fees as well. At Fundo, our fees follow the industry standards established by responsible lending laws, so you can be sure that our rates are fair.

Check your credit history

Many lenders specialise in loans for the unemployed on benefits and online quick cash loans. While Fundo focuses more on the latter, we also consider applications from borrowers with less-than-stellar credit scores because we believe everyone deserves a fair chance at applying for a loan if they need one.

That being said, we may conduct credit checks when necessary. It is best to get a copy of your credit report before applying for a loan so that you can identify and correct any errors.

Stick to one lender at a time

When you apply to multiple lenders all at once, your credit score may dip because multiple credit checks are happening simultaneously. Not only will this affect your chances with your current loan applications, but it could also affect your credit in the long run.

At Fundo, we promise to do our best to be fair with your application. And if your application is eligible for same-day approval and release, you won’t need to search for ‘instant loan payday’ or ‘instant payday loans’ anymore.

So stick with us, starting today, and apply for a small short-term loan today!

The opinions expressed in this article are only for general information and entertainment purposes and should not be considered financial advice or recommendations. Any opinions or views may change at any time without notice.