Note: Approval for a Satsuma Loan is subject to successful completion of affordability and identity checks. Satsuma Loans are only available to UK residents who are at least 18 years of age and have a valid UK bank account and debit card.

Everyone wants everything quickly these days. We visit fast food restaurants; we’re always on the lookout for shortcuts on our daily commute; and we even sometimes start tapping our feet whenever we queue for longer than 30 seconds.

Increasingly, we want an application process online, using our phones or laptops and above all, we want the money in our bank account. 

Representative 535%​ APR.

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

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Applying with us

Check before you apply

Give us a few details and you'll find out in 60 seconds if you're likely to be accepted

Protect your credit score

No matter the result, it won't affect your credit score unless you choose to apply

Complete a full application

If you choose to apply, we'll then run a full credit check which will leave a mark on your credit file

Why choose us?

Money in 1 hour

If approved, in most cases hourly pay-outs between 6am-11pm

No hidden fees

Only ever pay back the amount we agree upfront

Our reviews

Our customers rate us 4.68 out of 5., July 2019 

What are quick loans?

There are lots of loans available from different lenders, which can make the process of finding the right one a little difficult.  

The phrase 'quick loans' is perhaps mostly associated with payday loans. This isn't necessarily accurate though as other types of finance can pay out just as quickly.

Unlike payday loans, which must be paid back in a single lump sum, other loans are available with longer payment terms that can be paid out just as quickly. These are often referred to as short term loans. They’re typically loans for small amounts, usually under £1,000 (subject to affordability), and are repaid over a period between three months to a year.

A wide variety of leaders offer short term loans and you’ll find a whole raft of these products online.

How to get quick loans online

The internet is great for getting things done quickly. We can order pizza, find a car or buy a fridge; whatever we want, it’s only ever a few clicks away.

We can also use the internet to find and apply for a loan. This is handy since the reason we usually need a quick loan is because something has happened out of the blue.

If the knocking noise in the car has become impossible to ignore or you can't see because there’s smoke pouring from your washing machine, a loan may be the only way to deal with the cost of the emergency. 

How do quick loans work?

You typically apply for quick loans online with a decision often made on the same day.

With Satsuma, once your online application is complete, a decision can be made instantly. If the loan is approved, the funds will be deposited into your account within an hour (if you apply between 6am and 11pm).  


How much can I borrow?

As a new customer, you can apply to borrow between £100 and £1,000, subject to affordability. If you’re already a customer, you can apply for up to £2,000, subject to affordability.  

Obviously, the amount we agree is dependent on several factors, including what you need the money for and the amount you can afford to repay.

Before you make any commitment, you should use our loan calculator. Using the movable sliders in this tool allows you to see how much interest you’ll be charged on the amount you’d like to borrow.

The calculator will also work out how much your repayments will be, depending on whether you choose monthly or weekly instalments.

Looking for a Quick loan from Satsuma?

Dealing with a finance company used to be a daunting process. The paperwork alone was enough to put anyone off applying for loan - no matter how badly they needed it. 

Thankfully, the ability to apply for a loan online has made the whole process faster.

What else has changed? 

Quite a bit. One of the biggest changes in being able to apply for a loan online is the ability to know exactly how much you’re borrowing before you complete your application.

Many of us don't realise that, even when we know how much interest is applied to our loan, the final figure often is higher than the one we actually pay back. The reason: all the fees that are added on.

Arrangement fees, BACs fees and especially late payment fees. These can all add significantly to the actual amount we finally pay to the finance company.

However, with Satsuma, the amount you pay back is always the same as the amount you agree upfront. We can say this because we never add any hidden fees. You can find out more about this here, but rest assured no extra charges will ever be added to the amount you agreed to pay back, even if you miss a payment. 

Can I pay weekly?

With Satsuma, you have the choice of either a weekly or monthly repayment schedule. We believe this choice gives you greater flexibility and allows you to budget more effectively. 

A useful tip is to schedule your repayments to match your pay day. If you’re paid weekly, it can make sense to repay your loan in smaller weekly instalments; vice-versa if you’re paid monthly.

As we've already discussed, you should decide before you apply whether weekly or monthly repayments better suit your circumstances. 

Whichever one you choose, you can also make additional payments if you wish. 

Perhaps you've received a bonus from work and you want to make an extra payment to reduce your balance. Just call our Customer Care team on 0800 694 0004 and they’ll take you through the process.  

Quick loans and benefits

If you’re on benefits, you can still apply for a Satsuma loan. What we’re interested in is whether you can comfortably afford to make your repayments, so we’re happy to receive loan applications even if you’re on a low income or benefits.

 If you are on benefits, you’ll need to provide us with an image of your benefits statement. We’ll ask you for this as part of your application. Don't worry, we’ll keep your application open for 30 days to give you plenty of time to send us a picture of your documents.   

We need the image to confirm your name, address and payment details, and we’ll need an image of each page. Photos from your smartphone will be fine or you can use a scanner if you have one.

How to apply for a Satsuma loan

If you’re considering a loan, you’ve used the calculator to work out how much your repayments will be, and you’ve decided on weekly or monthly repayments, you’re welcome to apply for a loan.

The process doesn't take long as everything is done online. You’ll need some basic information as you go through the application including your:

  • Email address
  • Mobile number
  • Home addresses for the last three years
  • Details of regular income and outgoings

If you need any help or additional information just contact our Customer Care on 0800 694 0004.

You can begin your application by visiting this page.

If your application is approved, the funds will be transferred into your bank account within an hour - hourly pay-outs between 6am-11pm