$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.

Many people who seek out platforms that loan money online may be facing financial hardships, such as medical bills, repair bills, or other emergency expenses. 

If you need funds urgently, you may not be able to access traditional sources of funding, which often have lengthy manual processes. Luckily, with the convenience of the internet, it is now possible to apply for and receive loan money online without ever leaving your home.

Fundo is a lender that can loan money online when you need fast and convenient short-term loan solutions for your financial gap. We offer flat upfront rates and flexible repayment plans to fit your situation. No matter where you are in Australia, anyone with good or even less-than-perfect credit can apply for quick loans online in just a few minutes.

Are online loans easier to repay?

Generally speaking, an online loan can be easier to repay than a traditional one. Online lenders often require fewer documents and paperwork, so the process may be simpler and more streamlined. 

Additionally, many online lenders allow borrowers to make payments through automated systems that make it easier to track payments and make them on time. This can help reduce the risk of late fees and other penalties.

Furthermore, an online lender like Fundo offers flexible repayment terms and options, making it easier for you to customise a repayment plan that works for you. We can often loan money online quickly and efficiently for approved applicants, eliminating potential delays in accessing the money you need. All of these factors can contribute to making our online loans easier to repay.

Our loans are also easy to apply for when you’re in need of fast cash. All you have to do is click on ‘Apply Now’ and fill out the information on our application form. We will ask you for basic information such as:

  • your regular income details;
  • details of your government benefits, if any;
  • proof of identity (e.g. Australian driver’s licence, proof of age card, passport); and
  • your bank account details.

Every successful application, repayment, and successful closing of a loan account goes into building your Fundo Credit Score, which is our own unique rewards system that encompasses your entire borrowing history with us. You can think of it as a fun way to encourage acts of healthy financial behaviour.

You can boost your points by making repayments early or on time, leaving reviews, and referring friends. The higher your credit score, the more likely it is that your applications for future Fundo loans will be approved. A higher score can even win you access to special discounts!

What happens if an online loan is not paid?

Users who miss the dates on which they are required to make repayments are liable for late payment fees and any other applicable costs that are stipulated in your loan contract. In addition, the unpaid loan may result in a negative impact on the borrower’s Fundo Credit Score, making it harder for them to get any future applications approved.

But, of course, life happens. We at Fundo understand that your ability to repay loan money online may be hindered by unanticipated circumstances. You can always contact us to discuss your options during our business hours, from Monday to Friday, 9.00 a.m. to 6.00 p.m., and on Saturday, 9.00 a.m. to 5.00 p.m.

If you are experiencing difficulties with your repayment deadlines, please do not hesitate to get in touch with one of our consultants at 02 9066 9660 or to find out what alternatives there are for modifying the repayment dates on your account. We may be able to work out a repayment plan that suits your current situation and still allows for the timely repayment of the loan.

Can I adjust my loan payment terms online?

Fundo’s online services come with interactive tools that allow you to easily manage your loan payments.

You can adjust your due dates and change your payment frequency. If you want to know more about your options, our helpful experts based in Sydney are here to talk to you about them. We usually only need around forty-eight hours’ notice if you need to adjust your loan account’s repayment dates.

Your account dashboard is available 24/7 and gives you the power to take command and manage your account for yourself. You can make and reschedule your repayments, check and interact with your Fundo Credit Score, earn points, view account information (including your loan balance, term, and payment dates), and more, all in one convenient place.

In addition to that, with Fundo loans, you have the flexibility to choose the duration. It is common for users to choose a duration between five and twenty weeks. Keep in mind that the shorter the loan term is, the higher the amount will have to be due per repayment.

At Fundo, we also regularly send advice on financial wellness, like topics related to payday cash advances and small advance loans.

Our company is regulated by the Australian Securities and Investments Commission (ASIC) and is 100% Australian-owned and -operated. Our experts understand the local lending landscape and the needs of our borrowers. We fully appreciate the importance of building long-lasting relationships with our customers, which is why we strive to provide the best possible service.

You don’t need to keep researching alternative options for finding lenders who can loan money online or searching terms like ‘need money now Australia’ or ‘payday loans bad credit au’ when you have Fundo. 

Apply for a teeny, tiny loan today with us!

Disclaimer: Please take note that the views expressed in this article are strictly intended for general information and entertainment purposes only and should not be viewed as financial advice. It is possible for the opinions expressed in this commentary to change at any time without notice.