$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.

If you’ve ever searched terms like ‘small loans Australia’ or ‘best small personal loans online, then you know that applying for a loan can be a stressful and time-consuming process. You have to find the best lender, compare rates, and fill out endless forms. It’s hard to know if you’re getting the best deal or if you’re even eligible.

Luckily, Fundo makes it easy to apply for a small loan online. We offer a streamlined online application process and quick approval times so you can get the money you need without any hassle. 

There’s no more need to keep looking up ‘small loans Australia’. Just read on to find out more.

What is considered a small loan in Australia?

A small loan in Australia is generally considered to be any small loan amount of up to $2,000. Small loans are often used for emergency expenses or to meet short-term cash flow needs. Small loan providers in Australia include banks, credit unions, and non-bank lenders. These loans also usually have a shorter term than traditional personal loans.

At Fundo, we offer small cash loans from $500 to $2,000 with flexible repayment periods of up to 180 days for people searching up terms like ‘small loans Australia’. 

Our goal is to make the process of obtaining a small loan as easy and hassle-free as possible for all of our borrowers. We have no surprise fees or charges hidden in the fine print, and our loan application process is simple.

To be eligible for a loan from Fundo, all borrowers must:

  • be over 18 years old;
  • earn at least $300 per week in regular income, excluding government benefits;
  • demonstrate an ability to meet repayment deadlines;
  • must be an Australian citizen or resident; and
  • ensure they’re not placing undue financial pressure on themselves by borrowing from Fundo.

If you find that you meet all these requirements, head on over to our website and begin the online application process for ‘small loans Australia’.

Do lenders perform credit checks for small loans?

Yes, lenders typically perform credit checks for personal small loans. This is done to assess the borrower’s creditworthiness and ability to repay the loan. When a lender reviews a borrower’s credit history, they look to see if they have a good history of repaying their debts on time and in full. They also take into account any current or past delinquencies or defaults on other loans.

At Fundo, we have developed the Fundo Credit Score, our own credit scoring system, to assess loan applications. We don’t want to be the kind of loan provider that holds people’s past financial situations against them.

Our credit score system takes into account not just your existing credit score but also factors such as paying your loan early or on time, sharing feedback, and referring friends to Fundo. The higher your Fundo Credit Score, the higher your chances of being approved for a loan. Those with higher scores can also enjoy different discounts and benefits.

In addition to our easy loans application process and flexible repayment options, we offer personalised account dashboards to help you manage your loan. 

With your dashboard, you can view and update your account information, make or reschedule repayments, and easily keep track of your loan information, including balance, duration, and payment dates. You can also earn points and check your Fundo credit score.

How quickly can my small loan application be processed?

The time it takes to process small cash loan applications will vary depending on the lender and the type of loan you are applying for. Generally, the processing time can range from a few days to a few weeks. 

Some lenders may be able to process a loan application in as little as twenty-four hours, while others may take several weeks to review an application and provide a decision, which causes people to just go back to searching ‘small loans Australia’. 

At Fundo, we understand that sometimes you need access to cash quickly, which is why we strive to provide small money loans with quick turnaround times. 

Our online form is available 24/7, and we process applications from Monday to Saturday. This means that if you submit your application and get your small fast loans approved during business hours, you may be able to receive your funds on the same day.

However, it’s important to note that each bank has a different processing time, so it’s possible that your funds may not be available until the day after your application. But don’t worry – we at Fundo are committed to getting your funds to you as soon as possible.

So if you need fast quick loans, don’t hesitate to apply with Fundo so you can stop looking up ‘small loans Australia’ online. 

Apply for the short-term cash loan you need with Fundo

At Fundo, we understand that the reason people keep looking up terms like ‘small loans Australia’ is that sometimes they need cash fast. That’s why we offer quick online loans in Australia with a no-fuss application and approval process, and the convenience of same day loans.

Whether you need dental loanseducation loans, a home renovation loan, or the like, now you can turn to Fundo for a chance at a loan.

If you have any questions about our quick small loans online, don’t hesitate to contact us through phone, email, or our online chat function. We’re here to help.

Apply for a small loan today!

Disclaimer: All opinions expressed in this article are intended for informational purposes only and should not be construed as financial advice. It is possible to change the views expressed in any commentary at any time without notice.