$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.

Gaining access to instant loans Melbourne is not an easy thing, even on the best of days. But what about when you need it for a quick home or car fix or a surprise but necessary family trip?

When faced with sudden one-time expenses, it can get particularly stressful to go through long waits and complicated application processes just to access a small short-term loan.

We at Fundo don’t think it’s fair that you have to go through all of that when you don’t have to, and when you borrow small loans from us, you don’t. With an easy application process that is as accessible as it is simple, Fundo gives a wider range of qualified borrowers a chance to gain some control over their finances.

Before you jump into our application page, however, there are some points that you should know. If you’ve been looking up ‘instant loans Melbourne’ and need funding, then please read on. 

What is the advantage of online loans over banks?

In this day and age, everything is seemingly online, from bill payments and shopping to banking and food delivery. It makes sense that short-term loans have followed suit, and searching for ‘instant loans Melbourne’ leads you to an array of online loan options. 

Fundo is at the forefront of this practice with our fully online application process. What this means for you is that you can apply for Fundo’s online quick cash loans at any time of the day or night, using any mobile device of your choice.

To give everyone a fair chance at our small loans, our consultants review each online loan application independently. If you submit your application during business hours, getting a same-day loan review is likely.

For reference, Fundo’s business hours are from Mondays to Fridays (9.00 a.m. to 6.00 p.m.) and Saturdays (9.00 a.m. to 5.00 p.m.).

Online applications are also usually easier to navigate compared to mainstream short-term loans because all of the information you’ll need is disclosed to you from the get-go.

At Fundo, for example, we take pride in our no-nonsense language when it comes to our loan offers. Our same-day loans are free of complicated legal jargon or complex lending terms so that the information you need – and especially the associated fees you may need to keep track of – are disclosed to you before you sign on. This way, transparency is the standard for every loan you apply for with us.

Do the qualifications for online loans differ from in-person ones?

While we can’t speak for other online lenders regarding their offers related to ‘instant loans Melbourne’, Fundo has minimal eligibility criteria for applications compared to mainstream lenders like banks or credit unions. Our requirements for cash loans online are the following:

  • You must be at least eighteen years old.
  • You’re permanently residing in or a citizen of Australia.
  • Your weekly income is at least $300, not counting government benefits.
  • Your plan for paying off your Fundo loan is clear and demonstrable.
  • Our loans won’t put you under undue financial strain.

To be clear, meeting these conditions does not guarantee instant approval, even if you’re searching for ‘instant loans Melbourne’. As responsible lenders, we review your application thoroughly. However, meeting these criteria may give your application a better chance of being considered.

Similarly, if you’re looking for loans for the unemployed on benefits or cash loan payday, Fundo encourages our borrowers to have an income stream that is separate from their pensions, allowances, or concessions. We do not wish to further burden our borrowers financially and may have to ask you to reapply at a later time if your application doesn’t meet the minimum income criteria.

Feel free to reach out during our business hours regarding our application process or any enquiries about our products or services. We’ll be more than happy to hear from you.

Where is the best place to get instant loans in Melbourne?

If you’ve been searching online for ‘instant loans Melbourne’, consider Fundo for small loans with fast outcomes instead.

We don’t let your credit score solely define your application. At Fundo, your credit score is only one aspect of your application – while we do perform credit checks, we also consider your complex financial situation when reviewing your application. This includes individuals who may have part-time work or borrowers with less-than-stellar credit looking for a 500 to 2000 dollar loan.

We also have unique features that separate us from the rest, such as our Fundo Credit Score and self-service dashboard.

The Fundo Credit Score is a unique scoring system that we offer our borrowers to give them the opportunity to improve their chances of loan approval with us. The higher your Fundo score, the better your Fundo loan application’s chances of getting approved.

You can increase your Fundo score by repaying your loans on time or earlier, which gives you the added benefit of reducing your overall monthly account fees. You can also refer us to friends or family and leave us feedback on the small loans or services that you’ve experienced. You can even earn points if you use Fundo as your sole loan provider.

All of this information and more can be tracked through your self-service dashboard. Fundo’s self-service dashboard is your central hub for everything related to your Fundo account.

Through the dashboard, you can review your loan documents, track your Fundo Credit Score, manage your account information, and stay on top of your repayment schedule. We also send you free financial wellness advice that you can use to better manage your account.

Fundo makes loans more accessible to qualified borrowers than what may typically be offered by other lenders who show up when you search ‘instant loans Melbourne’ online.

When you look up ‘fast cash loans Australia’ or ‘instant loans Melbourne’, try our loans at Fundo instead. Apply for new personal short-term loans with us today! 

Disclaimer: All opinions in this article are strictly for informational and entertainment purposes only and do not constitute professional financial advice or recommendations. We reserve the right to change our commentary views or opinions at any time.