Pay surprise costs with a short-term loan of £200 to £1,500
How much do you want to borrow?
Warning: Late repayments can cause you serious money problems. For help, go to www.moneyhelper.org.uk.
Representative Example: Borrow £400 for 4 months: 3 monthly repayments of £156.09 followed by a final repayment of £156.07. Total repayment £624.34. Interest rate p.a. (fixed) 288.35%. Representative 1,267.9% APR.
Compare Moneyboat loans.
Moneyboat's service is rated Excellent
Cover unexpected costs with our short-term loans
At Moneyboat, we offer fast and flexible short-term loans with clear terms and no hidden fees. They can be used to cover a range of unexpected costs from emergency home costs to surprise bills and car repairs to sorting broken appliances.
As a trusted UK direct lender, we consider all applications fairly, looking at multiple factors beyond just your credit score. That means even if you’ve been declined elsewhere, you may still be eligible.
Clear costs up front, no hidden fees
Weekly or monthly repayments
Bad credit applications welcome
How much will a short-term loan cost?
Our short-term loans can give you space if you’re suddenly met with an unexpected cost you need to cover. Our loans offer:
- Flexible borrowing limits: Borrow between £200 and £800 as a new customer – and up to £1,500 for returning customers
- Manageable instalments: Repay your loan in instalments over 2 to 6 months
- Transparent costs: Our daily interest rate is 0.79% – lower than the 0.8% cap – and is applied to your outstanding balance
See our loan charges page for more information.
Representative example
Here’s an example of how much your short-term loan could cost based on the last working day of each month.
Representative Example: Borrow £400 for 4 months: 3 monthly repayments of £156.09 followed by a final repayment of £156.07. Total repayment £624.34. Interest rate p.a. (fixed) 288.35%. Representative 1,267.9% APR.
| Borrow | Payback Period | Monthly Repayments | Total |
|---|---|---|---|
| £400 | 4 months | £156.09 | £624.34 |
Find out more about our financial promotions and Annual Percentage Rates (APR).
Warning: Late repayments can cause you serious money problems. For help, go to MoneyHelper.
How easy is it to apply for a short-term loan?
Applying for a Moneyboat loan is very easy. It can be done from any device and our purpose-built technology means we’ll process your application quickly and securely. All we need is a few basic details and we may even be able to approve your application automatically.
It takes just three no-stress steps:
1. Apply online in minutes
Fill in your personal details and let us know how much you’d like to borrow.
2. eSign your emailed approval
We’ll do our background checks and send you your loan agreement to read and sign online.
3. Funds paid in 15 minutes*
Once everything is complete and approved, we can send your loan directly to your UK bank account within 15 minutes*.
Will I be accepted for a short-term loan?
We have a minimum eligibility criteria which you must meet to apply for a Moneyboat loan:
- 18+
- Regular income of £1,000
- UK resident with UK bank account
Your application will then be assessed on its individual merits. We take multiple factors into consideration and don’t solely rely on your credit score. So you’re still welcome to apply even if you feel your credit score is holding you back.
Is Moneyboat a credible lender?
Yes, Moneyboat is a credible lender. We are authorised and regulated by The Financial Conduct Authority, Register Number 674154, to provide short-term loans in the UK. We take every step to make sure borrowers can comfortably afford their loan before we approve any funding.
Trusted direct lender
We lend directly to our customers, meaning there are no broker fees or hidden costs.
Rated Excellent on Trustpilot
We value your voice and listen to what our customers have to say.
UK-based support
Our friendly team is here to help. Call us Monday to Friday (8am to 7pm) on 020 3818 7470.
Authorised and regulated
You can find us on the Financial Conduct Authority Register under our trading name Evergreen Finance London Limited. Our register number is 674154.
Awards & Recognitions
Is a short-term loan right for me?
A short-term loan can be useful for covering unexpected expenses, but it’s important to ensure you can manage the repayments. Moneyboat loans come with clear terms, flexible repayments, and no hidden fees, but they’re not a long-term financial solution.
We always recommend reviewing your budget before applying. If you’re unsure, exploring alternative financial options or seeking advice could help you make an informed decision.
At Moneyboat, we take responsible lending seriously. That’s why we assess each application carefully to ensure that repayments are affordable.
Not sure if a short-term loan is right for you? Take a moment to review your budget and ensure repayments fit within your financial plans. You can also compare different borrowing options on our blog.
How do I contact Moneyboat?
You can contact us the following ways:
- Email us: thecrew@moneyboat.co.uk
- Call us: 020 3818 7470
We’re open Monday to Friday, 8am to 7pm (excl. Bank Holidays) and our friendly crew are here to help!
For practical tips, guides, and resources to help you manage your money and life with confidence, check out the Moneyboat blog.
You can also get free and independent support, from trusted organisations like StepChange, MoneyHelper, and the National Debtline should you need it.
Ready to apply?
Should a Moneyboat short-term loan be the right option to help in your situation, you can get a quick decision by applying today. Our online application can take less than 5 minutes to complete, and if approved, funds could be transferred the same day.
Moneyboat short-term loans: FAQs
How much can I borrow?
Moneyboat offers short-term loans from £200 to £1,500 with flexible repayment options. New customers can borrow up to £800, while returning customers may qualify for loans up to £1,500, subject to affordability checks.
How quickly will I get the money?
We release money to approved customers every 15 minutes and many of our verified customer reviews speak of the speed in which we fund our loans. You may be asked to provide extra documentation after applying, but once all underwriting checks have been completed you could receive the funds in just 15 minutes. Learn more about our 15-minute funding terms and conditions.
How long do I have to repay my loan?
You can spread repayments over 2 to 6 months to keep them manageable. You can repay early with no extra fees, helping you save on interest. There’s no need to repay in full on your next payday – the minimum duration for your first instalment is five days.
What is the interest rate of a Moneyboat loan?
We charge a daily interest rate of just 0.79%, lower than the industry cap of 0.8%. Interest is only applied to your outstanding balance, keeping costs transparent and manageable. Check our loan charges page for a full breakdown.
What can I use a short-term loan for?
Our short-term loans are designed to help you cover unexpected, one-off costs such as emergency dental care, car repairs, vet bills, and replacing or fixing appliances. Short-term loans should only be used for necessary expenses such as these and are not recommended for luxury items or holidays. As responsible UK direct lenders, we recommend borrowing based on matters of urgency, rather than impulse purchases.
What are direct lender loans?
As a direct lender of short-term loans, we manage the entirety of the loan – streamlining the process from application to repayment. Unlike brokers, who rely on third parties who can cause delays, direct lenders such as Moneyboat will personally review all applications internally. This allows us to provide you a clear repayment schedule and a transparent, fair lending experience as a responsible UK lender.
Is an online direct lender loan the best option for me?
As with any form of credit, borrowers should take care before applying to ensure they can make the repayments. Short-term loans may offer higher interest rates than other loan and credit options on the market. However, they may be able to help you cover urgent costs if you need access to funds quickly.
Our loans are a great option if you need money quickly and you know you can pay it back. However, we do not recommend using a short-term loan as a solution to a long-term financial issue.
Will I be credit checked?
Yes. All regulated short-term lenders run a full credit check before they lend money. This will appear on your credit file as a hard search.
Get up to speed on short-term loans
To help you get a better understanding of what taking out a short-term loan could mean for you, take a look at one of the following guides:
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