Small loans from a trusted Australian lender
Spondooli ‘Fast Money’ small loans are the quickest and most efficient way to get by in the short term. We know that Australians sometimes need a little financial help to deal with an unforeseen cash crisis, so we offer short loans from $200 up to $5000. Apply in minutes and get the amount deposited in your account within hours. As simple as that!
Our small loans, short term loans or cash loans, whatever you may call them, are personal loans to provide a helping hand for the short term. These loans are for occasions where, despite your best planning, an additional expense crops up out of the blue which can’t wait.
With a team of loan specialists and a secure online system, we provide fast personal loans to Australians in a matter of hours.
Small loans in just 3 easy steps!
Takes minutes to complete
Our team will process your application within minutes
Once approved, money is deposited into your bank account within hours
Personal finance that fits you
Fast Small Loans
- Get money in your bank account within hours
- No extra charges apply!
- We have a simple online application
- Applicable with all banks
Small loans service with a personal touch
Apply for a Spondooli ‘Fast Money’ small loan online from your mobile or digital devices from anywhere in Australia. Within minutes you will get instant conditional approval, and within the hour, you’ll receive an outcome from one of our loan specialists! It’s that simple.
We focus on our customers, and we take pride in our team’s speed, efficiency and caring attitude, when reviewing a loan application and discussing it personally with you. We see our customers as real people with urgent needs, and we go the extra mile to get it sorted fast. Read our How it Works and FAQS to understand more about the way our short-term loans help Australians.
Spondooli ‘Fast Money’ is a responsible and trusted lender in Australia. Even if you have a bad credit file, we can offer small loans of up to $2000. However, we can’t help if you’re applying for a loan to pay off another loan, or you have many outstanding loans. We don’t want to put you under more financial pressure. Read more about our responsible lending practices here.
98% of our customers left satisfied
You’re in good company
“I used Spondooli to help me pay for travel expenses. The service was great – fast but still friendly. Fantastic and Painless Experience. Thank you.”
“Such a seamless and fast application process. I couldn't recommend Spondooli enough to anyone who is in need of some instant funds and wants the money quickly.”
“These guys are always ready to help when you need it most. They helped cover school fees for my brother and I when I was a little low on cash.”
“Their application process was quick and simple. In a short time I had the funds I needed to complete some much needed improvements around the house.”
Apply in minutes for your small loan online
You’ll get a fast conditional loan offer
We’ll verify your information
On final approval, the money is sent to you on the same day!
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.
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!
Learn more about how it works, visit our FAQ page or get started and Apply Online right away.
How long is my small loan for?
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 small loan
|$ 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.
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 small loan online
Need more help?
Feel free to ask us about it!