$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.

Sudden expenses can pop up at any time, from car repairs to impromptu vacations, and when you don't have the funds to cover these surprises, you might turn to your local bank for small cash loans. However, getting a loan approved through their manual processes can sometimes take weeks or even months. That's not much help when you need financial support right away. 

If you need a loan fast, consider online loans from Fundo instead. With Fundo, you can conveniently apply for a loan online and receive approval quickly if you’re eligible. Thanks to our technology-driven application and approval process, our team can review and make decisions on loan applications faster than most traditional lenders. No need to leave home – you can apply at any time from anywhere. 

Now that you have a better understanding of what makes Fundo a great option when you need a loan, learn more about small cash loans by reading the common questions we’ve answered below. 

What is considered a small cash loan in Australia?

In Australia, small cash loans are typically considered to be a loan of $2,000 or less. These loans are often used to cover unexpected expenses or to help with short-term financial needs. The exact terms for small money loans will vary depending on the lender and the borrower's financial situation. Because everyone’s needs are different, it’s ideal to get loans with flexible repayment terms, such as those from Fundo. 

We offer flexible repayment terms that can be tailored to fit your specific loan scenario. Our team of experienced loan specialists will work with you to create a repayment plan that works for you, taking into account your budget, income, and other financial obligations. This individualised approach allows us to provide the financial support you need in a way that is sustainable and manageable for you.

Additionally, Fundo borrowers get a self-service dashboard where they can manage their loans more efficiently, as they can track their repayments, view important loan information, and reschedule their repayments as needed. 

Do I have to pay fees for a small cash loan?

Most, if not all, small cash loans – such as travel loanhome renovation loan, and personal cash loan –  are associated with fees. These fees can vary depending on the lender and the specific loan terms, so it’s important to know what fees you may have to pay under a loan before you commit to one. Make sure to work with a transparent lender who will clearly disclose all fees associated with your loan. 

At Fundo, we believe that our customers deserve clear and straightforward information about the cost of their loans. We are committed to complete transparency when it comes to our loans and services, which means you will always know exactly what you are paying for and how to make your payments. There are no hidden fees or surprise charges with Fundo. 

As responsible lenders, we adhere to all relevant legislation in Australia. This means that the costs associated with our loans are transparent and clearly stated in our terms and conditions. We’ll happily answer any questions you may have about the costs associated with our small cash loans to help you make an informed decision. 

Can I still get a small loan even if I have bad credit?

If you have a less-than-stellar credit score, you may find it challenging to secure a loan from traditional banks and lenders. These institutions often have strict requirements for loan approval and may be hesitant to lend to borrowers with poor credit. However, online lenders like Fundo have less stringent requirements for loan approval, making it easier for you to get approved for small cash loans.

Even if you don’t have perfect credit, you’re still welcome to apply for small cash loans at Fundo. We consider a range of factors when evaluating loan applications, not just credit history. This means that even if you have bad credit, you may still qualify for a small loan if you have other positive financial indicators, such as a steady income or a strong track record of paying your bills on time.

If you are wondering if you are eligible for a loan with Fundo, you will be happy to know that our minimum requirements simply need applicants to: 

  • be at least 18 years old when applying; 
  • be Australian citizens or residents who pay taxes;
  • have a regular income of at least $300 per week, excluding government benefits; 
  • be able to demonstrate their ability to meet repayment deadlines; and
  • not place undue financial pressure on themselves by borrowing from Fundo.

To help us expedite your loan experience with Fundo, please also be prepared to provide us with details of your regular income and any government benefits you receive, as well as documents of your personal identification – such as an Australian driver's licence, proof of age card, or passport – and your bank account details, so we know where you deposit your funds if you get approved for a loan. 

Fundo also gives its borrowers the opportunity to improve their chances of getting approved for future loans at Fundo through the Fundo Credit Score. By improving your Fundo Credit Score through referring friends and family to our services, making timely repayments on your loans, leaving reviews for Fundo, and limiting your borrowing from other lenders, you may get discounts and other benefits from us. 

Now that you know that Fundo makes it super easy to get a small loan online, what are you waiting for?

Apply for small loans at Fundo today! 

Disclaimer: Please note that this article is for informational and entertainment purposes only and should not be interpreted as financial advice. The views and opinions expressed in this article are subject to change at any time without notice.