$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.

You need fast cash to cover your sudden expenses, so you’ve been endlessly looking up ‘loans same day payout’, ‘same day online loans’, and similar search terms but to no avail. You also don’t have time to wait in line at your local bank and wait for weeks just to get approval either. 

Luckily, Fundo has a solution. With a no-paperwork online loan application process, you can quickly get the funds you need if you qualify for our loans. 

We want to help you make an informed decision when taking out a loan, so we’ve answered common questions related to ‘loans same day payout’ below at your disposal. 

How easy is the application process for same day cash loans?

It’s typically easier to apply for online same day loans than traditional loans. The process starts with an online application, where you will be asked to provide basic personal and financial information. This may include your name, address, income, and employment details. Some lenders may also require additional documentation, such as proof of income or IDs. 

If you’ve been looking up ‘loans same day payout’ for quite some time, you’ve probably come across some online lending options that require you to present tons of documents and complete loads of paperwork. But Fundo is different – our process is straightforward, and we only have minimal lending requirements. 

To qualify for Fundo loans, you just need to: 

  • be at least eighteen years old;
  • be a citizen or permanent resident of Australia;
  • earn at least $300 per week, excluding government benefits;
  • demonstrate an ability to meet repayment deadlines; and
  • not put yourself in a financial bind when you borrow from Fundo.

If you meet these lending criteria, you can apply for a Fundo loan in minutes by navigating our platform and clicking on ‘Apply Now’. Just follow the prompts and submit your application for our team to review your information. We will notify you of your application’s outcome as soon as a decision has been made. 

Will I receive my money immediately after my application is approved?

Some people who search for ‘loans same day payout’ or ‘I need cash fast’ think that once their online loan cash application is approved, they will immediately receive the funds in their account. 

However, this is not always the case, as the speed of disbursement depends on the lender and the specific loan product applied for. While some lenders may offer same-day disbursement, others may take longer, potentially taking up to a day or two for the funds to be credited to the borrower’s account. A good indication that a lender offers fast loan approval times is if they have a technology-driven process. 

Unlike many traditional lenders with manual processes, Fundo uses cutting-edge technology to streamline our loan process from top to bottom. If you send your application for a loan with us within our business hours and it’s approved, it is possible to receive your money on the same day.

Not only that, but we offer approved borrowers access to a self-service dashboard where they can manage their loans more efficiently. They can track their loan progress, schedule their repayments, and view important loan information within a few clicks. 

As a Fundo borrower, you can access your dashboard to view tips on improving your Fundo Credit Score. A higher Fundo Credit Score can increase your chances of loan approval. You can work on improving your Fundo Credit Score by leaving reviews for Fundo, referring the lender to friends and family, and limiting the loans you take out from other lenders.

Can I apply for same day loans more than once?

When searching for ‘loans same day payout’, many people also wonder if they can apply for multiple same day online loans. The ability to do so is dependent on the specific lender and its policies. Some lenders may have strict limitations on the number of loan applications per borrower, while others may have more lenient rules. It’s important to consider the terms and conditions of the loan and the lender’s policies before applying, as well as your own financial situation.

At Fundo, we prioritise transparency and simplicity in our loan process. We ensure that all the costs associated with your loan are clearly outlined with no hidden fees or unclear terms. Additionally, we provide all the necessary information about our loans without using complicated jargon.

We also understand that our borrowers have different needs and preferences regarding loan repayment. That’s why we offer flexible repayment options for approved Fundo borrowers, including weekly, fortnightly, or monthly payments over a period of up to 180 days. Borrowers can also pay off their loans in advance without any penalties so that they can save on monthly fees. 

The Fundo team knows that some people type in search terms like ‘loans same day payout’ and ‘online quick cash loans’ to find loan options that cater to people with less-than-perfect credit scores. But we want you to know that you can still apply for our quick short-term loans even if your credit history isn’t perfect, as long as you meet our loan eligibility requirements.

Our loan decision-making process at Fundo takes a holistic approach, which means we consider more than just the borrower’s credit score when evaluating loan applications – like the borrower’s income and ability to repay the loan. By doing so, we can offer a fair chance to qualified borrowers with lower credit scores or complex financial circumstances.

No more wasting time searching for ‘loans same day payout’ – apply for a quick personal loan online at Fundo today! 

Disclaimer: Please note that this article is primarily intended for informational and entertainment purposes and is not intended as financial advice. All commentary views may be changed at any time without notice.