$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.

Finding a quick small loan to cover any unexpected emergency expenses can be challenging. Going to the bank or to traditional lenders can be a stressful process. You’ll have to wait in line, fill out a ton of paperwork, and hope your credit score is enough to qualify for the loan.

We understand that you need money immediately if you’re looking for money to cover an expense. You can apply for a short-term personal loan 100% online at Fundo without waiting in line for hours. Also, we know everyone’s financial situation is different, so we carefully look at every loan application and don’t turn you down just because your credit score isn’t the best. 

Learn more about how Fundo can help you fund your budget gaps with a quick small loan. 

What is the minimum credit score to get a small loan?

Depending on the lender, the minimum credit score you need to get a small loan will vary. While some traditional lenders may typically require higher credit scores than non-traditional ones, we can’t say what the minimum credit score is to get a quick small loan. We encourage you to ask your preferred lender for their minimum credit score for a loan. 

At Fundo, while we still check your credit score, it only plays a minor role in determining your loan eligibility. We focus on your current financial situation, rather than your history, in our online loan application process. Also, we only have minimal requirements. To qualify for a Fundo loan, you must:

  • be at least 18 years old;
  • be a permanent resident or citizen of Australia;
  • earn at least $300/week in regular income, excluding government benefits;
  • demonstrate an ability to meet repayment deadlines; and
  • ensure you won’t place undue financial pressure on yourself by borrowing from Fundo.

Instead of searching for alternatives related to ‘fast cash loans with bad credit’ or ‘cash loans no credit check’, we encourage you to contact us and help us figure out how we can help you if you don’t meet any requirements. 

Do small loans affect my credit score?

Whether it’s related to ‘personal loans small’ or ‘easy personal loans online’, your credit report records every loan application you make, and what you do with an outstanding loan may affect your credit score. Having multiple small loans with different lenders will impact your credit score. However, your credit scores are affected by more than how many loans you have. 

The loan size, duration, and how you manage the loan can affect your credit score. For example, making payments on time and avoiding late or missed payments will increase your credit score.

At Fundo, we have our own scoring system – the Fundo Credit Score – which you will get if you take out a Fundo loan. It tracks and rewards good financial decisions with your outstanding Fundo loan. Using Fundo as your primary loan provider, referring friends, leaving reviews, and repaying a loan early or on time will increase your score.

The higher your Fundo Credit Score is, the more likely your future Fundo loan will be approved. By offering an independent credit scoring system, you don’t have to worry about how your Fundo loan will affect your credit score. You learn more about your financial health with ease, as well as understand how to build credit. 

What type of loan should I get to help build credit?

There are many methods online that can help you build credit. A quick internet search might lead you to discover credit-builder loans or suggest that you can make and gradually pay off a quick small loan over time. There isn’t a single best way to build credit with, instead, you should select the loan option based on your financial situation and ability to make payments. 

Keeping track of a loan can be challenging, especially if you have multiple outstanding loans. And, you know, having too many loans can impact your credit score. So at Fundo, you can conveniently monitor all your outstanding Fundo loans from one central location – Fundo’s self-service dashboard.

You can monitor the details of your Fundo loans and access tips and advice on financial wellness and improvement from the same dashboard. You can also find your Fundo Credit Score here!

While you could be tempted to seek out alternative loans like ‘quick instant loans’ or ‘payday cash advances’ if you don’t find a quick small loan appealing. Fundo will help you find the loan that suits your financial situation, rather than taking a chance with other lenders.

With Fundo, you can be sure that we’ll be there for you even after the loan is approved and the money is sent to you. Financial wellness is also important to us. In addition to helping you learn more about money through your Fundo loan, we have different ways to ensure you continue to benefit from it. 

Contact us by phone or email to learn more about Fundo alternatives to a quick small loan and how to build your credit score.

Apply for a quick small loan today!

Please note that the opinions in this article do not constitute financial advice or recommendations. We reserve the right to change the views expressed in this commentary at any time.