Short term loans from Australia’s trusted lender

Spondooli’ Fast Money’ specialises in providing short-term loans for times when you need them the most. With our state-of-the-art online loan application system, applying for a short-term loan for up to $5000 and seeing it deposited into your bank is a matter of hours, not days!

Life is unpredictable, and we never know what it throws at us. You may get an unexpected bill or just need some time out on a tropical beach. Your reasons are your own – they are personal, and we don’t ask!

We have assisted over 125,000 Australians with our fast and efficient short-term loan services in their hour of need. We value our customers’ privacy as much as we care about ours. Apply now and get the cash transferred into your bank account within hours.

Short term loans in just 3 easy steps!

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Apply online

Takes minutes to complete

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Fast approval

Our team will process your application within minutes

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Money arrives

Once approved, money is deposited into your bank account within hours

Personal finance that fits you

Online Short Term Loans in Australia

  • Get money in your bank account within hours
  • No extra charges apply!
  • We have a simple online application
  • Applicable with all banks

Reliable & responsible short term loans

Spondooli’ Fast Money’ is a fast-paced and reliable lender that understands and considers its customers’ needs with the utmost priority. As a team of loan specialists, we work hard to continuously improve the way we serve our customers and make our loan application and approval process even faster and more efficient. Time is money, and nobody understands it better than us!

We offer transparent and simplified small fee-based short-term loans for up to $5,000 for 90 days even if you have a bad credit file. Although we review every short-term loan application we receive, we don’t require the vast number of documents normally required for other loans, and we don’t ask you to come to us – our loans are paperless and entirely online!

As response lenders, we won’t be able to help you if you want the loan to repay any existing loans or have excessive unpaid loans, because we don’t want to place our customers under financial pressure. Read our responsible lending practices here and if you need any information on our lending process, read our How it Works and FAQs.

98% of our customers left satisfied

You’re in good company

Apply in minutes for your short term loan

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You’ll get a fast conditional loan offer

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We’ll verify your information

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On final approval, the money is sent to you on the same day!

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Once you’ve signed your short term loan contract, we’ll make a few checks to verify your details. If you are a new customer, we will need to see your most recent 90 days banking transactions. You will need to provide 2 forms of your ID, we aim to make the whole online loan process hassle free.

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After all your details have been confirmed we will contact you to let you know your loan application has been approved. We’ll then transfer the money to your account within hours!

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Learn more about how it works, visit our FAQ page or get started and Apply Online right away.

$2.03 million Loans have been approved since 2011

125,000+Happy customers today

How long is my short term loan for?

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The minimum and maximum loan term is 63 to 90 days, depending on your payment frequency. The actual term of your loan will depend on your current pay cycle and the date of your application. We are happy to adjust repayments to suit whatever preference you may have, so please feel free to get in touch and let us know.

We charge an Establishment of 20% of the sum borrowed, along with an additional 4% Fee for every month the advance is owing. These loans are fee based only and therefore costs are not calculated using an APR. There are no hidden fees and our loans can be paid out early without a penalty.

Examples of the costs of your short term loan

Borrow Costs Repay
$    200.00 $    64.00 $    264.00
$    500.00 $    160.00 $    660.00
$ 1,000.00 $    320.00 $ 1,320.00

Example: A loan of $1,000 for 63 days has fees and charges totalling $320, Maximum APR of 110.38% and a total repayment of $1,320 (Other credit fees and charges may apply). The Maximum APR is 110.38%. The Comparison Rate, based on a loan of $1,000 over 6 months, is 152.04%. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

Does an APR apply to Spondooli?

For our small loans of $2,000 or less, an APR (Annual Percentage Rate) doesn’t apply.
These loans are fee-based only, and so they don’t have an APR.


If you get a loan where the principal amount is between $2,001 and $5,000, your repayments will include the principal amount you borrow from us, plus the establishment fee and interest charges based on the APR of 47.6158%. A comparison rate of 65.6597% p.a. applies to loans between $2,001 and $5,000.


*This comparison rate is based on an amount of $2,500 over 2 years and a $400 establishment fee.


WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

100% Privacy Policy-Site

We understand the importance of knowing your personal information is protected. This site is 128-bit SSL secured, meaning all data going to and from this site via our application form is fully encrypted.

Apply for a online short term loan

Frequently asked questions

Online short-term loans are small cash loans that can be accessed quickly using an easy three-step online application process. These are unsecured loans, meaning that the borrower is not required to provide any collateral to access this short-term loan. This is a like a payday loan and is a solution for you if you need emergency funds and can pay them back within 90 days.

The review and approval processes are fast, and the outcome is provided within hours. If the application is accepted, the funds are directly deposited into the borrower’s bank account soon after their application is approved.

Spondooli ‘Fast Money’ offers some of the best short terms loans in Australia. As one of the leading small cash loans lender, we provide personal loans, online cash loans, short-term loan, short-term loans, AfterPay cash loans and life style loans up to $5000 in Australia.

To be eligible for online short-term loan in Australia you have to be Australian citizen, or a permanent resident and above eighteen years of age.

Additional criteria to qualify for the advance includes you must have a verifiable permanent income source and be able to provide a copy of a recent 90-day bank statement reflecting your income source.

However, any applicant who: (a) is in bankruptcy or part 9 agreement; (b) is only on Centrelink benefits; (c) has two or more payday loans; or (d) has any missed payments or an overdrawn account, is not eligible for this short-term online loan.

Spondooli ‘Fast Money’ can lend anywhere between $200–$5000 as a short-term loan based on your financial health and your ability to make repayments. If you are applying for this loan for the first time, we lend a maximum of $500.

The process for getting our short-term loan is very easy and generally takes around two three minutes to apply. Go to our loans application page and provide the requested personal and financial details. The outcome of your application will be provided to you within hours.

As part of the process, you will be requested to email or upload 2x Forms of I.D, your current bank statement covering the most recent 90 days up to and including the day of application, and your most recent payslip issued by your employer, showing your name, address and all transactions. The submitted details will be reviewed and the outcome will be shared you.

We process quick loan applications up until 3 pm on weekdays. If you meet the requirements, your short-term loan is processed and transferred to your bank account on the same day. Clearance rates are dependent upon your bank.

You can get short-term loan by applying for one here. We offer short-term loans even if you have bad credit rating; provided that you have a permanent source of verifiable income and can make the repayments.

You can get our short-term loans within hours if you apply before 3PM on a weekday. Funds are deposited into your bank account within hours if your application is approved by our team.

However, you will not receive your cash loans quickly if; (a) you have applied on a public holiday or weekend – in such cases, your application is processed the following working day; (b) if your bank delays processing the fund transfer.

Yes. Our short-term loans online do not require collateral. You can apply for any of our short-term loans online in Australia if you are employed or have a permanent source of income and have the ability to make the repayments on time.

No, a person solely dependent on benefits is not eligible for a short-term loan.
However, if the individual has other sources of permanent income along with benefits, and that is reflected in their bank statement, then the individual might qualify for a short-term loan. Contact us if you need to discuss your eligibility further.

Need more help?

Feel free to ask us about it!

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Do you really need a loan today?*

It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.

Check your options before you borrow:

For information about other options for managing bills and debts, talk to 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor

Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan

If you are on government benefits, ask if you can receive an advance from Centrelink – website:

The Government's MoneySmart website shows you how small amount loans work and suggests other options that may help you.

* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.