$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’ve yet to find a payday advance app that suits your needs despite spending hours looking for the right one, it may be time to consider something else, like a loan at Fundo. 

Small personal loans from Fundo are a great alternative to payday advance apps thanks to our competitive interest rates and fees, flexible repayment terms, and ability to be used for a variety of purposes. 

Fundo is a reputable lender with a track record of helping customers meet their financial goals. Consider a small personal loan from Fundo for a more viable and responsible option.

How do payday loan apps work?

Payday loan apps in Australia allow users to borrow small amounts of money for a short period of time, usually until their next payday, hence their name. To use these apps, all you need is a smartphone, an internet connection, and a bank account. 

It's important to carefully consider your use of a payday advance app, shop around for the best terms and rates, and only borrow what you can afford to pay back. Understanding the loan terms before agreeing to anything is really important, which is why lenders like Fundo are the best way to go.

You can find the ease of use of payday loan apps in Fundo’s own application process, which is straightforward and 100% online. Simply visit our homepage, click on the ‘Apply Now’ button, and follow the instructions. If you qualify, we will send you an agreement and deposit the funds into your account as soon as possible. You will have up to 180 days to make your loan repayment; however, you can choose to repay your loan earlier.

Our online application form is available 24/7 and we offer approvals from Monday to Saturday. If you apply for and get your loan approved during our business hours, you’ll likely be able to enjoy our same-day loans

How much can I borrow from payday loan apps?

The amount of money that you can borrow from payday loan apps in Australia can vary depending on the lender and your financial situation.

Generally, payday loans are intended to be short-term emergency loans to help cover unexpected expenses. They are not intended to be used for long-term borrowing or as a substitute for traditional loans from banks or credit unions.

Fundo loan amounts range from $500 to $2000 with a one-time establishment fee and monthly fees. To be eligible for a loan from Fundo, you must:

  • be at least eighteen years old;
  • have regular employment income;
  • show that you can meet repayment deadlines;
  • be an Australian citizen or permanent resident; and
  • be sure that borrowing from Fundo won't cause you undue financial stress.

At Fundo, we believe in taking an alternative route to credit scoring. That's why we've created our own credit scoring system called the Fundo Credit Score. This system rewards you for paying your online loans early or on time, as well as for providing feedback and referring friends to Fundo. 

The higher your Fundo Credit Score, the greater your chances of being approved for fast loans. In addition, we offer special discounts and benefits to customers with improved Fundo Credit Scores.

What should I be mindful of about payday apps?

There are several things you should be mindful of if you are considering using a payday advance app in Australia.

First, it's important to carefully consider whether the use of a quick cash pay app is the right financial option for you. These short term loans can have high fees and interest rates, and they are not intended to be used for long-term borrowing or as a substitute for traditional loans from banks or credit unions. If you are considering borrowing from a payday advance app, it's a good idea to compare the terms and rates offered by different lenders and choose the one that best meets your needs.

Second, it's important to only borrow what you can afford to pay back. Payday loans must be repaid on or before the agreed-upon due date, and if you are unable to pay back the instant cash loan on time, you may be charged additional fees and interest. It's important to make sure you can afford to pay back the loan from the payday advance app before you agree to borrow any money.

Third, it's important to fully understand the terms and conditions of the loan before agreeing to anything. Make sure you understand the fees, interest rates, and repayment terms of the loan, and ask any questions you have before agreeing to the loan.

Finally, be aware that cash advance apps may not be regulated in the same way as lenders like Fundo. As responsible lenders, we adhere to all relevant Australian legislation, which means our terms and conditions clearly outline the costs associated with our loans. Should you have any questions regarding the costs of our small cash loans, we are more than happy to answer them. 

Go to Fundo for your short-term loan needs

At Fundo, we offer short-term and fast cash loans to approved applicants, even if they have less-than-perfect credit. Our repayment plans are flexible, and we have no hidden fees or charges.

As an Australian-owned and managed private lender, we aim to make the process of obtaining small loans simple and hassle-free. No jargon, no confusing legal language, just quick and easy online loans.

For any questions, feel free to reach out to our friendly customer service team through a call, email, or our online chat function.

Apply for a loan with Fundo today!

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. Any commentary views are subject to change without notice at any time.