$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.

The Fundo Alternative to Quick Cash Payday Loans

The demand for quick application responses and hassle-free applications has been steadily increasing and online lenders have seamlessly filled up this space, offering diverse loan options to borrowers, such as quick cash payday loans for emergencies or unforeseen expenses.

Change comes to everything and loans in Australia are not exempt. The same is true about how loans are made in the country. Gone are the days when applying for and getting approved for a loan meant tiresome paperwork and endless waiting.

However, not all payday advance loans are designed the same across the board. What if you were looking for something just as robust or more robust but with more flexible repayment options?

If you’re imagining a world with personal loan options that meet your needs, then you’d want to learn about Fundo.

Frequently Asked Questions (FAQ)

What are the requirements for a payday loan?

Applying for 24-hour payday loans in Australia is generally straightforward. Though the specifics vary between lenders and loan types, borrowers are typically required to provide proof of identity, residency, and income.

While we don’t offer fast payday loans at Fundo, we also have a similar set of requirements. The following eligibility criteria apply to all of our loan products:

  • You must be at least eighteen years old to apply. Eighteen is the age of majority in Australia; consequently, you can only enter into a loan agreement with Fundo if you’re at least eighteen years old at the time of your application. When applying, you may be asked to provide proof of your age, such as a government-issued ID.
  • You must be an Australian citizen or tax-paying resident. Fundo loans adhere to Australian lending legislation. As such, we may ask you to provide proof of residency in the country, such as copies of your passport, utility bills or similar documents.
  • You must meet the minimum income requirement of $1,000 per fortnight, including government benefits. To help ensure that we’re lending responsibly, you’ll need to provide proof of income when you apply for a loan. If your employment situation is unconventional, but you otherwise meet the income requirements, don’t hesitate to reach out to us and we’ll work through your options with you.

Aside from these, we will look into your ability to meet repayment deadlines and whether borrowing from us will put you under undue financial strain. If you have any questions about our criteria, get in touch with us and we’ll happily answer!

How quickly can I get the money from a payday loan?

Generally speaking, it’s becoming more common for easy loans to be released within days of being approved. This is also typical of many quick cash payday loans, short-term loans and no credit check loans.

Here at Fundo, if your application meets our criteria and has been approved, you may be able to receive your funds on the same day. That being said, banks may process fund transfers differently, so in some cases, payments may become available the day following your application.

If your approved loan has been released, but you haven’t seen the amount in your nominated account yet, we recommend checking with your bank first regarding the transfer. On our end, we’ll do our best to confirm that the transfer goes smoothly from us to your bank.

What’s the application process like for a payday loan?

Generally, online loans in Australia follow a similar application process among lenders.

First, you should have some idea of the type of loan you wish to borrow; this will help narrow your choice of lenders, whether you’re borrowing personal loans, quick cash payday loans, or cash loans online. Make sure you compare repayment terms and any associated fees and take note of the eligibility criteria of your chosen lender.

Next, have any documents ready and complete your application. At Fundo, you can apply for our personal loans through a fully online application process. If you submit during business hours and everything goes well, you’ll receive a response within hours, in most instances within the same day.

Some lenders conduct credit checks on all applications for quick cash payday loans they receive. As part of our commitment to responsible lending, we may also conduct a credit check in some instances. But don’t worry – your credit score only plays a small role in our decision-making process. We focus on other factors, such as your current ability to meet repayments.

Finally, if your application has been approved, your borrowed funds will be released to your nominated bank account or digital wallet.

We recommend applying during business hours to increase your chances of hearing back on your application the same day. Our business hours are Mondays through Fridays (9.00 a.m. to 6.00 p.m.) and Saturdays (9.00 a.m. to 5.00 p.m.) Sydney time.

Fundo: your quick online loan expert in Australia

If you’re looking for alternatives to quick payday loans, then we have good news summed up in two words: Fundo Loans.

With a straightforward process that takes the dread out of applying for a loan, Fundo gives you a borrowing experience that feels like a breeze. We’re not here to offer you cash fast no credit check loans, quick cash payday loans, or payday advance loans, but a flexible alternative with our personal loans.

We’re also open to considering applications from a diverse range of borrowers. While we don’t offer ‘quick loans no credit check same day’, ‘quick cash with no credit check’, or ‘loan money no credit check’ options, our small-to-medium personal loans are available to borrowers of various credit backgrounds.

Fundo is your ideal alternative to payday lenders. Our way of offering personal loans means no confusing legal talk, no hidden fees and a hassle-free application process. Not only that, but we’re Australian-owned and managed, tailoring our small and medium loans to meet the unique needs of Australians just like you.

So, if you need quick and reliable loan options, check us out at Fundo and see how we can help you. Apply for a Fundo loan today!

Disclaimer: Please note that we do not offer quick cash payday loans. At Fundo, we provide personal loans and may be able to help you, like the thousands of Australians we have already helped.

Unless otherwise specified, the opinions expressed in this article are strictly for general informational purposes only and should not be taken as financial advice or recommendations. Any views are subject to change without notice at any time.