Here at CashFlex, we are loan broker who provide loans of £100 up to a maximum of £5000. A £5000 loan can be used for many purposes, from home renovations to car purchases.
As our £5000 loans are the most you can borrow, you will need to provide evidence that the repayments are affordable. Although, it is possible to split the repayments across 12, 24 or 36 months, depending on your financial commitments. Every lender is different, but in general to borrow a £5000 loan, you will need to be earning more than £1000 per month.
To help you assess whether you are eligible for a £5000 loan, we have developed our innovative eligibility checker. Simply enter your details into our convenient tool and in just 60 seconds you will know whether our lenders are likely to approve your loan. The tool will leave no impact on your credit file, which is ideal if you are looking to avoid negative footprints.
Our 2-minute application is designed to be quick and easy to complete, simply fill out the form from your phone, tablet or computer. We will need details such as your regular income, financial commitments and the ideal term length for your £5000 loan.
At this point there will be a soft search of your credit file, as it will help to match you to the lender most likely to approve your loan. The search does not leave a footprint on your file, you will be the only person that can see the search. The information you provide will be used to calculate your loan terms and potential quote.
You will receive a competitive quote for your £5000 loan, although it is entirely up to you whether to proceed with the loan. There are no fees to pay as our entire loan finding service is completely free of charge.
If you accept the £5000 loan quote, the lender will complete a full credit check, which is a requirement of all FCA regulated lenders. Even if you do have a poor credit history, you may still be approved for a loan, if the repayments are affordable.
Once you accept your loan quote, the final decision is almost instant. We know that in many situations you need your £5000 loan quickly, so it could be possible for your funds to be transferred in minutes.** However, the processing speed of your bank will impact the final availability time of your £5000 loan.
Although we can approve and send your £5000 loan very quickly, you should take the time to decide whether it is the right option for you. If you are struggling with your financial commitments, a new loan may not be the ideal option. To discuss your options with an impartial organisation, we advise you to contact Step Change or The Money Advice Service.
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.
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 £5,000
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.
Yes. If you are unsure you can use our FastCheck tool to find out your loan eligibility.
Try our FastCheck tool with no impact to your credit score
Our new tool allows you to calculate your chance of being accepted for a loan.
Representative Example: Amount of credit: £1200 for 18 months at £90.46 per month. Total amount repayable of £1628.28. Interest: £428.28. Interest rate: 49.9% pa (variable). 49.9% APR Representative.
We’re a fully regulated and authorised credit broker and not a lender.