$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 Easy Fundo Alternative to a Quick Payday Advance

When faced with unexpected financial challenges, many Australians may turn to a quick payday advance for immediate relief. However, they’re not always the best solution because they typically come with not-so-favourable conditions.

At Fundo, while we don’t offer quick payday advance options or payday cash loans, we do have a streamlined option that can help address sudden financial needs efficiently. Read on to better understand your options and see why Fundo's method stands out as a preferred choice for many.

Introduction to Quick Cash Solutions

Emergencies and Quick Cash Needs

Life's unpredictability often results in sudden financial demands. Whether it's an unexpected medical bill or an urgent car repair, many find themselves in need of immediate cash advances and payday loans online to bridge the gap between paydates.

Unlike offers by traditional lenders that involve a drawn-out, paperwork-laden process, these instant approval loans promise quick processes. With names like ‘no credit check loans’ and ‘low interest rates’, they may seem too good to be true.

The downside to these loans is that they typically involve strict repayment terms, with some requiring repayment as soon as your next pay credit arrives. They may also have high income requirements and other stringent criteria.

Meet Fundo: The Future of Online Lending

Enter Fundo: we’re a provider of direct lender loans in Australia.

We pride ourselves on offering hassle-free online loans as a substitute for a quick payday advance, emphasising a quick application process and prioritising customer needs. With us, borrowers can apply for alternatives to low interest payday loans and fast paycheckadvance options.

Speed and Simplicity

With Fundo, you can leave your search for instant approval loans in the past. Thanks to our quick application and decision processes, you can say goodbye to mountains of paperwork and hello to our streamlined, digital-first approach. You just have to fill out our short application form to get started.

If you submit your application and get approved during our business hours, which are Monday to Friday from 9.00 a.m. to 6.00 p.m. and Saturday from 9.00 a.m. to 5.00 p.m. Sydney time, there’s a good chance you can receive your money on the same day.

Inclusivity for All Down Under

While we at Fundo may conduct traditional credit checks, we recognise they don't capture the whole picture. These checks serve as just one element in our comprehensive evaluation process. Instead, we focus on your current ability to make repayments, so you don’t need to look for a loan with no credit check anymore.

We also have our own Fundo Credit Score, which offers a fresh perspective on assessing financial credibility. The higher it is, the better your chances of getting your loan approved. To improve it, you just have to make timely repayments, leave reviews about our service, refer friends and more.

Frequently Asked Questions (FAQ)

Is there a minimum income prerequisite for a payday advance?

Requirements for credit products like payday advances usually depend on the lender.

At Fundo, while we do not offer a quick payday advance solution, we do have income requirements, along with a few other eligibility criteria, to ensure you're in a position to repay your loan.

To be eligible for our quick loans, you must:

  • be at least eighteen years old at the time of your application;
  • be a citizen or tax-paying resident of Australia;
  • earn at least $1,000 per fortnight, including government benefits
  • demonstrate an ability to meet repayment deadlines; and
  • ensure you will not place undue financial pressure on yourself by borrowing from Fundo.

Is a bank account mandatory to secure a payday advance?

A bank account is typically required. This not only facilitates the instant approval loan’s disbursement but also allows for a hassle-free repayment process.

At Fundo, we will ask for your bank account details (bank name, account name, BSB and account number) during the application process.

What key factors should I evaluate before applying for a payday advance?

Before diving into the world of fast payday loans online, consider these aspects:

  • Affordability: Ensure the repayment structure aligns with your monthly budget.
  • Transparency: Steer clear of payday lenders who are known for having hidden fees or unclear terms.
  • Reputation: Always opt for reputable payday advance lenders with positive reviews and customer feedback.

At Fundo, while we don’t offer easy payday loans or no credit check loans, we do offer small and medium loans without any hidden fees. All fees are disclosed upfront upon approval, so there are no unpleasant surprises down the road. Plus, we also have flexible repayment terms, so you can manage your finances more efficiently.

Experience Fundo: Your Go-To Lender

Navigating the ever-changing landscape of the financial world can seem daunting. That's where Fundo steps in. As an award-winning lender, we're here to offer alternatives to quick payday advance and fast cash advances.

Apply for a loan with Fundo today!

Disclaimer: Please note that we do not offer quick payday advance. 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.