Warning: Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

A short term finance is a popular option for many borrowers, as it is often just enough to cover an emergency or unexpected expense. We understand how stressful it can be when you are short of cash, which is why we offer loans from as little as £100 up to a maximum of £5,000, with repayment terms to suit you.

What can I use a £200 pounds loan for?

Although it may seem like a small amount, before you apply you need to be sure that you will be able to keep up with the repayments. There are many situations that can leave us short of cash in an emergency, such as unexpected bills and car repairs. However, some people use small loans to cover birthdays, Christmas or even book a holiday. There are no restrictions on how you use your £200 loan, although we always advise that you should only take a loan if it is absolutely essential. 

If you are thinking about applying, you may find that it is possible to reduce your spending to save the cash from your monthly pay. For example, cutting back on luxuries such as eating out, new clothes and days out, could help you save the cash you need. However, we do understand that emergencies can crop up, so our £200 loans are readily available when you need them.

Can I borrow £200 with bad credit?

If you have a poor credit rating, it is likely that you have struggled to keep up with repayments in the past. Whether you have multiple missed payments from a few years ago or recent evidence of poor repayments, it is likely to impact your credit rating. Although you may struggle to borrow from a bank or building society, our lenders may be able to offer a loan even if you have bad credit.

As a broker, we have partnered with a panel of lenders who pride themselves on their fair and forward-thinking approach to lending. Each of our lenders are authorised and regulated by The Financial Conduct Authority, which means they are also committed to responsible lending. While your credit rating will be important to our lenders, there are other factors which the lenders will also take into consideration. For example, if you can show that the loan is affordable after you pay your existing monthly expenses, the lender may approve your loan. 

If you have struggled in the past due to poor credit history, our FastCheck tool could put your mind at ease. The tool will ask a few key questions and is designed to calculate your chances of being accepted by one of our lenders. There is no credit check and you will be provided with an instant result, so you will know whether you should apply before completing the application form.

What are the repayment terms?

Here at CashFlex we are committed to offering borrowers affordable, flexible repayment terms. Instead of repaying your loan on your next payday, it is possible to spread the repayments across 3, 6 or 12 months. Spreading the repayments across 12 months will provide the smallest repayment amounts, although you will pay more interest overall. If your budget allows you to repay the loan in just 3 months, you will benefit from the lowest total interest charges. 

Our lenders will require you to hold a UK bank account with a debit card, as this enables the payment to be taken from your account automatically each month. Instead of needing to repay the amount manually online or over the phone, the payment will be taken on a set date each month. This means you will know exactly how much needs to be in your account for the specified payment date and there is no chance of you forgetting to make the payment. 

How do I apply for a £200 loan?

If you decide that it is the right option for you, the first step is to complete our simple online application form. The details you provide will be shared with our panel of lenders, who will use information obtained in a soft search of your credit report to decide whether they are likely to approve your loan. There is no impact on your credit score at this stage and you will be redirected to the website of the first lender to indicate a strong chance of approval.

When you visit your chosen lenders website, you will be asked to complete their loan application form and the lender will complete their affordability checks. At this stage there will be a hard credit check, which will leave a footprint on your file. However, this is a lender who has already indicated a high possibility of approving your loan.

Apply today for the loan you need!

Applying for a loan through our website is completely free of charge and there is no obligation to proceed with a loan. If you would like to discuss any aspect of the loan before signing the agreement, our friendly team are available to help. If you decide to proceed, complete the application form and if you are approved the cash could be sent to your account in just minutes*, although processing speeds will depend on your bank.

If you are finding it difficult to keep up with your monthly expenses, there are several organisations that can offer free and impartial advice. Whether you need assistance with budgeting or managing existing debt, organisations such as The Money Helper, Step Change, PayPlan, National Debtline, the Debt Advice Foundation and Citizens Advice could help.

Try our FastCheck tool with no impact to your credit score

Our tool allows you to calculate your chance of being accepted for a loan.

You are age 18 and a UK resident

You have a regular income from employment

You have a valid UK bank account with an active debt card

Why choose us

Sometimes, the unexpected happens that means you need money fast. Here at Cashflex we offer a user friendly process to help you find same day loans in a responsible and affordable way.

How much can I borrow?

The exact amount you can borrow depends on your personal circumstances and can differ by lender. You can apply for a loan between £100 and £10,000

What are the repayment terms?

This is dependent on the amount that you wish to borrow. The repayment terms can be: 3 months, 6 months and 12 months to name a few, ranging right up to 36 months.

Can I apply for a loan with bad credit?

Yes. If you are unsure you can use our FastCheck tool to find out your loan eligibility.

Can I repay in instalments?


What will I need to get a short term loan?
Can I get a short term loan?

Over 18

You'll need proof that you are over 18.

Bank Account

Hold a valid UK bank account.


Have evidence of a regular income and UK residency.

Check out what our trusted customers had to say.

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Representative example: Amount of credit: £1000 for 12 months at £134.94 per month. Total amount repayable of £1,619.26 Interest: £619.26. Interest rate: 99.9% p.a. (fixed). Representative 99.9% APR.

We’re a fully regulated and authorised credit broker and not a lender.