What can I use Short Term Finance for:

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, it 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 exampole: Borrow ?900 for 7 months. 1st monthly repayment of ?, 5 monthly repayments of ?, last monthly repayment of ?. Total repayment ?1,. Interest rate p.a. (fixed) %. RAPR %. We use simple interest which is cheaper than compound interest used by the banks.

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

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.

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

Hundreds and thousands of people have already chosen Cashfloat as the best 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 were selected as one of the world’s “50 most trustworthy companies”, and we get fantastic reviews every day. Our mobile application is by far more 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 a short term loan?

Short term loans are unsecured instalment loans. This means that the borrower is paid one lump sum but repays in monthly instalments. They’re called ‘short-term’ because they only span over a short period (up to 12 months) compared to bank loans. At Cashfloat, we offer short term loans up to 6 months (7 with Easy Start).

How much money can I borrow with a short term payday loan?

With Cashfloat’s short term payday loans, you can get between ?300 and ?1,000 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 express payday loans Carthage, TN 1 hour.

Can I get a short term loan alternative from Cashfloat?

Short term loans can be expensive because they are taken out for a short time period. Are you looking for a cheaper alternative? You can apply for our small personal loans and get up to ?2500 today. These loans have much lower interest rates making them far more affordable if you need to finance a big expense. You also have a longer time to repay, helping you get back on your feet and recover from an emergency expense that has hit you financially.

Does Cashfloat offer 3 month loan and 6 month loan options?

Absolutely. Our loan terms are anywhere between 3 months to 6 months, extending up to 7 months with our new Easy Start feature. When you make your application, you can select the loan duration to be 3 months, 4 months, 5 months, 6 months (or 7 months with Easy start), depending on the amount you require. You can always pay back your loan early and save on interest. We do not charge any additional fees for early repayment.