Direct lender loans from £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 APR 1,267.9%. Compare Moneyboat loans.
Moneyboat's service is rated Excellent
Short-term loans with flexible repayments & no hidden fees
Unexpected costs can happen at any time, and finding the right loan shouldn’t be complicated. At Moneyboat, we offer fast and flexible short-term loans with clear terms and no hidden fees.
Borrow between £200 and £1,500, spread repayments over 2 to 6 months, and get access to funds in as little as 15 minutes once approved. Loans up to £800 are available for new customers and up to £1,500 for returning customers. See our charges page and our FAQs for further information.
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.
How our short-term loans work
Apply today with our simple 4-step process:
1. Apply
Fill out our quick online form – it’s free to apply
2. Credit and affordability check
We run checks to ensure the loan is right for you
3. Approval
Get a quick decision – if approved, review and sign your agreement online
4. Funding
Once approved, we aim to transfer funds quickly – often within minutes
Why choose Moneyboat for your loan?
A direct lender you can trust
We’re not a broker – we lend directly, meaning no extra fees or third-party involvement. From application to repayment, we handle everything, ensuring a smooth and transparent process.
Quick decisions & fast funding
Once approved, funds could be in your bank within 15 minutes. No long waits, just fast access to cash when you need it. Learn more about our 15-minute funding terms and conditions.
In line with our responsible lending and fair borrowing practices, we follow strict affordability checks. This ensures that loans are manageable for our customers and that borrowing remains transparent and fair.
No hidden fees
Our short-term loans have a clear and competitive daily interest rate of 0.79% – with no hidden charges. See how we compare.
Flexible payment terms
Unlike payday loans, we won’t ask for full repayment on your next payday. Spread repayments over 2–6 instalments in a way that works for you. You can also repay early with no fee and save on interest.
Rated excellent by customers
Thousands of customers trust Moneyboat for fast and flexible short-term loans.
Here's what our customers have to say...
Who is eligible for a Moneyboat loan?
To apply for a Moneyboat loan, you must be at least 18 years old, a UK resident with a valid UK bank account, and have a regular income of at least £1,050. We assess applications based on multiple factors, not just your credit score. For full transparency, check out our full eligibility criteria before applying. If eligible, you can apply online and get a quick decision.
No guarantor needed
You don’t need a guarantor to apply for a Moneyboat loan. Our eligibility criteria focus on your ability to repay, so you can apply without relying on anyone else.
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.
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.
We charge a daily interest rate of just 0.79%, lower than the industry cap of 0.9%. Interest is only applied to your outstanding balance, keeping costs transparent and manageable. Check our loan charges page for a full breakdown.
Short-term loans vs. payday loans – what’s the difference?
People often think a short-term loan and a payday loan are the same thing – and that’s not the case! Payday loans will need to be repaid in full on your next payday. Compare that to a short-term loan from Moneyboat and you have the flexibility to repay it in 2 to 6 instalments. Read on to find out more.
What is a payday loan?
A payday loan is a type of short-term credit designed for emergency expenses and must be repaid in full on your next payday. While they offer fast access to cash, their repayment terms can be challenging for some borrowers.
How is a Moneyboat short-term loan different?
Unlike payday loans, which require full repayment on your next payday, Moneyboat short-term loans are designed for more manageable repayments. Our loans can be spread over 2 to 6 months, giving you more flexibility and control over your finances.
Moneyboat short-term loans provide a clear, structured repayment plan with no hidden fees. Instead of requiring full repayment in a single lump sum, we allow you to spread repayments over multiple instalments, making budgeting easier.
As a direct lender, we handle your loan application from start to finish—no brokers, no middlemen. That means transparent costs, clear repayment terms, and a responsible lending approach. You’ll always know what you need to repay upfront, with no hidden surprises. The interest charged on our loans is 0.79% per day (maximum APR 1,267.9%) and is only calculated on the outstanding balance.
Want to learn more about the difference between short-term and payday loans? Use our payday loans guide to compare borrowing options and find the right fit for your needs.
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 are 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. Our short-term loans come with:
Clear repayment terms
Spread repayments over 2 to 6 instalments instead of repaying in full on your next payday
Fair and transparent costs
Our daily interest rate is 0.79% – with no hidden charges or early repayment fees
Flexible repayment schedules
Choose a plan that fits your budget and financial situation
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.
What happens if I can’t afford repayments?
If you’re struggling to make repayments, contact us as soon as possible. We may be able to adjust your repayment plan to make things more manageable. Missing payments can result in extra charges and may affect your credit score.
For independent financial guidance, free support is available from trusted organisations like StepChange, MoneyHelper, and the National Debtline. If you’re looking for budgeting tips or financial advice, the Moneyboat blog has practical guidance to help you take control of your finances.
If you’ve got a loan with us and you’re not sure you’ll be able to make a repayment, please speak with our friendly crew right away:
Email us: thecrew@moneyboat.co.uk
Call us: 020 3818 7470
Opening hours: Monday to Friday, 8am–5pm (excluding Bank Holidays).
Ready to apply?
Applying for a Moneyboat loan is quick and straightforward. Our online application can take less than 5 minutes to complete, and if approved, funds could be transferred the same day.
Your data is secure. Moneyboat uses bank-level encryption and complies with GDPR standards to keep your personal information safe.
Apply today for a quick decision and flexible repayments
Before applying, consider affordability. Short-term loans aren’t for everyone – make sure the repayments fit within your budget.
Warning: Late repayments can cause you serious money problems. For help, visit MoneyHelper.
Direct lender loans are not the same as broker loans, as the whole process from application to repayment is handled by the same provider. A direct lender will therefore have all of your information to hand to answer any questions you may have and resolve any issues directly and efficiently.
Direct lenders are also able to offer flexible repayment plans and work with you collaboratively, rather than simply brokering a deal on behalf of an external lender. This means that the application process is faster and you could be approved in a few hours as all decisions are made by one company.
Brokers are reliant on a third party, so the time from your application being approved to the funds being deposited can be considerably longer. It's important to check how the company identifies itself, as brokers can often present themselves as a ‘loan providing service’. Moneyboat customers will always receive a clear repayment schedule and enjoy a transparent and fair lending experience from us, as responsible UK direct lenders.
We can release funds to our customers every 15 minutes. Our 15-minute funding is super quick but is only available to our customers who have been approved and once all underwriting checks have been completed. You may be asked to provide extra documentation after applying, which could delay your access to cash. However, once approved, you could still receive funding in just 15 minutes. Learn more about our 15 minute funding terms and conditions.
Payday loans continue to receive bad press, yet people often overlook the benefits they provide. See our if our loans suit your needs. We are direct lenders, which means we fund the loans ourselves rather than requiring any third parties for funding.
Many people seek loan debt help in the UK. As with any form of credit, individuals should take care before applying to ensure they can make the repayments. Although a payday loan does come with a higher interest rate than many other loan products on the market, it can be of great help to those who need cash quickly.
Our loans are a great option if you need some quick cash and you know you can pay it back. Then we’re here to help! However we do not recommend using a loan as a solution to a long term financial issue.
Individuals often question whether it could be beneficial to take out a loan for something other than a house or vehicle. The answer to this question is yes. One should never put off undergoing essential dental care, for example, simply because they don’t have the money available to pay for it.
Although the NHS often pays for these costs in some form, individuals must pay for a portion of their fillings, extractions, crowns, dentures and bridges. A quick, flexible loan can help if the person needs this work done but is not able to pay for it. However, it is important to be aware that the amount you borrow will often be more than the cost of the dental work, as most direct lenders in the UK have a minimum borrowing amount.
If you need a vehicle to travel to or from work and the vehicle breaks down, a loan could help you pay for the repairs if there is no other available option. However, you should not borrow money for an unplanned holiday simply because you can get a good deal. As responsible UK direct lenders, we recommend borrowers at least distinguish between the items that they want and items they need and approach a lender or a broker on that basis.
Responsible lending is all about taking steps to make sure applicants can afford repayments before approving them for a loan. We check affordability through credit checks and by asking for details of your income. We follow to the rules laid down by the Financial Conduct Authority, which overseas the short-term consumer lending industry and take extra measures to maximise positive outcomes for our customers.
Consumers in the United Kingdom turn to Moneyboat when they find they need cash quickly to tide them over until payday. We are known for providing affordable and responsible loan solutions at a comparatively low daily interest, with no hidden charges.
Our charges and repayments, made over a number of months, are easy to understand, and we have streamlined the borrowing process to make it easy for you to get the credit you need in a timely manner.
We offer a variety of loan options, so you are not forced to take a loan that does not meet your needs. We are serious about providing responsible credit and payday loans. As direct lenders we ensure that we carry thorough credit check and affordability tests prior to lending.
Many payday loan providers will ask for repayment of the full loan amount on your next payday. These are notoriously difficult repayment terms and often lead to missed payments, extra charges and bad credit reports. Our payday loans are repayable over a number of instalments, so you can spread the cost of the credit over several paydays. This is part of our responsible approach to lending.
The following are some tips consumers need to keep in mind when borrowing money. These tips apply to all types of credit and lenders, not just loans from direct lenders.
- Take time to compare lenders. Many individuals fail to take this step simply because they need money quickly. Failing to compare payday lenders before you apply can cost a consumer a great deal more in the long run, with higher interest charged on their outstanding credit, higher overall, weekly, or monthly fees and less responsible lending, so it is one step that should never be neglected.
- Consider the amount of credit to be repaid and the amount of money you are able to repay each month before approaching a lender. At times, it is best to have a loan with a shorter repayment term, while a lower annual percentage rate is better in other cases. Fortunately, there are numerous calculators available online to help consumers compare loans and repayment terms. It is also wise to read all the lender’s terms before you apply.
- Understand the difference between a secured loan and one that is unsecured. Secured loans are backed by collateral that may be lost in the event the borrower defaults on the loan. For example, a mortgage is a secured loan, and the home may be taken by the lender if payments aren’t made as agreed.
- Do not borrow money without considering other options. There may be alternatives to payday loans available to you if you need access to fast money. If a utility bill is due, talk to the provider to determine if payment arrangements can be made or speak to charitable organisations to determine if they can help. Taking out a loan or borrowing money in any way is not something that should be done without careful consideration, regardless of whether it is for a small amount or a large sum.
- Establish a budget to ensure repayment obligations can be met. Many individuals fail to take this step, only to find they have financial problems again when the repayments come around. A budget helps to prevent this and ensures the consumer can make loan payments as agreed.