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Beforepay Loans
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Online Cash Loans from Beforepay
Associated Fees
5% fixed upfront fee on the amount borrowed
No ongoing account fees or late fees in most cases
Some users may incur a maximum of ~24% p.a. interest on the outstanding balance depending on circumstances.
Example Loan Cost
Borrow $500 → Pay $25 fee → Total repayment $525
Borrow $1,000 → Pay $50 fee → Total repayment $1,050
Your exact costs are shown before you accept the advance in the Beforepay app.
Repayments
Beforepay automatically aligns your repayment schedule with your pay cycle and offers flexibility:
Flexible instalments: Typically up to 4 instalments as long as full repayment is made within the term.
You can also choose to repay early.
Repayments are automated once you set up your pay cycle in the app.
This makes Beforepay a more manageable short-term option compared with traditional payday loans.
Beforepay offers only one type of financial product, which is a wage/pay advance service. Unlike traditional lenders, Beforepay does not provide multiple loan options such as personal loans, payday loans, or credit lines. Instead, its service allows users to access their salary early in exchange for a one-time fixed fee.
However, the amount you can access, repayment terms, and eligibility may vary based on factors like income stability and spending habits.
*You can spread out your repayment across up to 4 instalments, as long as the full repayment is made within 62 days from your cash out date.
Note: All information included here on Friendly Finance are accurate and in line with the data provided on Beforepay’s website as of February 2026.
About Beforepay
📌 Founded: 2019
📌 Headquarters: Sydney, New South Wales, Australia
📌 Stock Market Listing: Australian Securities Exchange (ASX: B4P)
📌 Regulated by: Australian Securities and Investments Commission (ASIC)
📌 Core Service: Wage Advance Service (not a traditional loan provider)
Beforepay is an Australian financial technology company based in Sydney that provides wage advance services for eligible individuals. Rather than traditional loans with ongoing interest, Beforepay’s model focuses on simple, transparent fees and flexible short-term access to cash.
Its mobile app includes budgeting tools and spending insights designed to help users track their income and expenses while managing repayments.
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Beforepay: Eligibility Requirements
Beforepay runs its own risk and eligibility assessment, but it is not a traditional credit-report check like other lenders.
To be considered for a Pay Advance with Beforepay, you generally need to meet the following:
- Aged 18 years or older
- Australian resident
- Regular pay schedule (weekly, fortnightly or monthly income)
- Earn at least $300+ after tax per week
- An active Australian bank account that receives salary deposits
- Not relying on more than 50% of income from Centrelink benefits
Once Beforepay gains access to your bank account, it will determine when your pay typically arrives and how much payday cash advance you can afford. Then, you can withdraw the cash right away using your preferred banking account.
Beforepay: Notable Loan Features
Fast access to cash – If approved, funds can hit your account quickly once setup is complete.
Clear pricing – Fees are shown upfront before acceptance.
No hidden fees – No ongoing account fees or late fees in most cases.
Budgeting tools – Free personalised budgeting and spending insights included.
Flexible instalments – Repay in instalments tied to your pay cycle.
The Company: Beforepay
There are some positives and negatives for prospective borrowers to consider before using Beforepay as an online lender. As part of the reviewing process for this page, customer feedback and common questions answered on the company website were considered for the overall assessment.
Positives
- Speedy application and funds access via the Beforepay app.
- Transparent, easy-to-understand fees.
- No traditional credit checks affecting your score.
- Built-in budgeting tools help with money management.
Negatives
- Not designed for long-term borrowing or large amounts.
- New users may face lower borrowing limits.
- Some users report issues with bank connection and customer support.
