$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.

Payday Loans

If you’re someone in need of money right away, chances are that you’ve been thinking about getting quick payday loans or similar options for payday advances. This could work to your advantage as you won’t have to constantly look at your calendar and count the days until you get your next salary – especially if you’re facing a sudden emergency or have urgent bills that need to be paid.

While fast payday cash is great, the sheer amount of payday lender choices in both the physical and online space could lead you to feel a little overwhelmed. However, the good news is that you’ve just landed at Fundo, a leading lending service available all throughout Australia.

With us, you no longer have to search for ‘best payday loans Australia’ or other similar terms for hours on end. Through our dedicated team of experts and intuitive platform, you can expect heaps of client-forward benefits along the way. Join us today and secure online loans in no time!

How do payday loans work in Australia?

A payday cash loan in Australia is a type of short-term loan that can be used to cover unexpected or emergency expenses. At Fundo, these loans are unsecured, meaning you don’t need to provide any assets for collateral to borrow the money. What’s more, this cash loan option involves smaller amounts and can be repaid within a few weeks or as soon as you get your next paycheck.

When you apply for payday loan offers, you’ll be required to provide some personal information, such as your name, address, and income. This is to ensure that the payday lender has the essential details to run a background check and see if you can afford to repay the amount you’re requesting.

Taking out an online payday loan has never been easier with Fundo's paperless process. On your end, you can simply use your mobile device to confirm that you’re over eighteen years old, a tax-paying citizen in Australia, and earning more than $500 per week in regular income. Returning clients can even enjoy our 3-Click Apply system, where you can apply for a new loan in just three clicks, to get a fast payday advance.

Once you’ve submitted your application and we see that you are capable of meeting repayment deadlines as well as abiding by our terms and conditions, you’re more likely to be approved for fast money loans.

What is the maximum amount I can borrow from payday loans?

The maximum amount that you can borrow from new payday loans will vary depending on the payday lender and your individual circumstances. As mentioned, payday loans are small, short-term loans that are designed to help individuals cover unexpected expenses or urgent bills. For that reason, you will receive a lower personal loan balance with shorter repayment periods.

To determine the maximum amount that you can borrow, the payday lender will consider factors such as your income and your credit history. Some payday loan lenders may also have a maximum loan amount that they are willing to offer, regardless of your individual circumstances.

As for us at Fundo, you can take out a minimum amount of $500 or a maximum amount of $5,000 for our same day loans. Not only do we have a substantial balance range, but we also promote responsible lending – all while giving you reasonable flexibility.

While we do take into account your credit score, it ultimately plays a small part when it comes to our lending decision. What we focus on is your ability to make repayments, so if our assessment shows that you can comfortably handle our payday loan setup, then we won’t hesitate to send you an approval notice.

In addition to this, we’ll even give you an exclusive Fundo Credit Score. This allows us to reward you with points for positive lending behaviour like paying on time or paying early. The better your rating is with us, the more likely you are to get approved for future rapid loans on our platform.

Are payday loans expensive?

Most people think that quick and easy payday loans come with a hefty price due to their convenience and simplicity. However, with us at Fundo, that isn’t the case.

If you need an emergency loan for unforeseen expenses, we're committed to providing you with a wage day advance. When you opt to apply using our reliable service, you can also look forward to competitive prices in the establishment fees and monthly fees included in your loans.

In line with this, we aim to make your experience much more enjoyable with our advanced self-service dashboard. Aside from our reasonable rates, you’ll be able to manage your account, including updating your information, viewing your Fundo Credit Score, making or rescheduling repayments, and much more, with the utmost ease.

Through this online medium, we can also give you some tips and tricks that will help you during your repayment term. So if you want a service that encourages financial wellness, look no further than Fundo.

Need a teeny tiny loan up to $5,000? Apply now!

Disclaimer: Please note that the opinions expressed in this article are for general informational and entertainment purposes only and should not be taken as financial advice or recommendations. They are subject to change without notice at any time. If you are seeking specific financial advice, please consult a qualified professional.