Short-Term Loans in the UK

Short term loans are a more affordable unsecured credit product. The loan duration can go up to 9 months, making the monthly repayments lower. Apply online for up to £1500 with Cashfloat, a short-term direct lender.
Representative example: borrow £700 for 6 months. 1st monthly repayment of £168.45, 4 monthly repayments of £224.60, last monthly repayment of £112.20. Total repayment £1,179.05. Interest rate p.a. (fixed) 185.39%. Representative APR 611.74%. Our loans are available for 3 to 9 months depending on the loan amount - rates between 295.58% APR and a maximum APR of 1294%.
Warning: Late repayments can cause you serious money problems. For help, go to
It takes 2-3 minutes to apply
We are a direct lender
Our FCA authorization number is: 714479
Pay in monthly instalments

Looking for a short-term loan?

All credit scores considered

You can apply for a short term loan no matter your credit history. Join 1000’s of happy customers in the UK who got a loan from us with a poor credit rating.

Money to your bank within 1 hour*

We will always give you an instant decision. If approved, and the consumer credit agreement is signed you will get the money in your account within 1 hour. Now that’s FAST!

What is a short term loan?

How much can I borrow?

With Cashfloat’s short term payday loans, you can get between £300 and £1,500 online. We fund approved loan applications every hour. This means that if you get approved, you can get your money funded into your bank account within 1 hour*.


Am I eligible to apply?

As a responsible lender, applicants must meet the following requirements before applying:

  • Be a UK citizen
  • Hold a UK bank account
  • Be at least 18 years old
  • Have a steady source of income (salary, pension, benefits, etc.)

If you meet all these criteria, then yes, you are eligible to apply.

Can I get a short term loan with bad credit?

At Cashfloat, we believe that everyone should be able to access the money they need, even with poor credit.

Looking for a short term loan for bad credit? Apply here and get the service that you deserve.


How Cashfloat’s short term loans work:

Did you know? You can significantly increase your acceptance rate by passing our loan affordability criteria before you apply. Click here for our calculator.

How do the repayments work?

There is also the option to repay your loan early, free of charge. So, if you find yourself in a good financial position and want to save money on the interest, you may do so and close your loan early.

What our customers say

I found the experience easy to do, when speaking to the adviser found them to be easy to talk to.

Anita M, July 2021, Google reviews

The application process was easy and the approval very quick. Great service, would definitely recommend!

Cristina T, May 2021,

Very easy service to use, very fast response, the best loan service I have ever used especially in terms of communication with the applicant. Well done.

Anonymous, April 2021,

Excellent quality of service. This is the best loan company I have ever worked with… They have amazing customer service

Erhan S, March 2021, Trustpilot

Why choose Cashfloat?

Hundreds and thousands of people have already chosen Cashfloat as their trusted short term lender in the UK. We are a boutique online lender that treats customers fairly as a fundamental part of our business conduct. We believe our customer login area is by far the most advanced than any other short term direct lender in the UK and allows our customers to stay in control of their loan. Want to learn more? Please visit our about us page.


What is the difference between short term loans and payday loans?

There is a big difference between a traditional payday and a short term loan. A payday loan allows you to borrow money until your next payday. They are very short term but are helpful if you need cash fast. These loans are costly as they come with high-interest rates.

However, short term loans have more extended repayment periods than payday loans. You can take out a loan for up to 12 months and split the payments into monthly instalments. This allows you to spread the costs, making the repayments more manageable.

Is Cashfloat a short term loans direct lender?

Yes! From the very beginning, Cashfloat has put the safety of their customers at the forefront of the business. As the most trusted payday loans direct lender in a tarnished industry, we have introduced fair and flexible repayments to our niche. We take every precaution to make sure that you can afford the payments by carrying out extensive affordability checks to ensure that the loan will not put you into financial distress.

Can I get a cheap short term loan from Cashfloat?

Borrowing a short term loan online will always be more expensive than a longer-term loan because of the risk involved for the lender. However, sometimes they are worth it if you have to pay for an emergency expense. Even though shorter-term loans tend to have higher interest rates, they can work out cheaper than going into an overdraft on your bank account in an emergency. Cashfloat’s short term loans have a lower APR than many other lenders in the UK.

Our daily interest rate is between 0.61% and 0.74%, and our representative example shows our capped and reasonable interest rates. For example: Borrow £900 for 7 months. 1st monthly repayment of £187.92, 5 monthly repayments of £250.56, last monthly repayment of £125.27. Total repayment £1,565.99. Interest rate p.a. (fixed) 198.72%. RAPR 529.09%. We use simple interest, which is cheaper than compound interest used by the banks.

How much do you need?
Other amount

Ready to apply for a loan?

Repayment total

Repay over 3 months, 2 monthly repayments of £230.26 , last month repayment of £230.27