When it comes to loans, the smallest amount you can borrow typically varies from lender to lender. At Salad Money, £500 is the minimum amount you can borrow.
Small Loans
Looking for Small Loans?
Representative Example
Loan repayable over 18 Months
£1000.00
17 Months at
£86.95
Final payment
£86.95
Rate of interest
59.97% p.a. (fixed)
Representative
79.5% APR
Total amount repayable
£1565.10
Small Loans
- FCA-Regulated and Authorised
- Simple Application Process
- No Hidden Fees
- Quick Loan Approval
- No Credit Score Checks
- Free Early Payment Options
- Friendly, Reliable Support Team
What People Say About Us
Reasons To Choose Small Loans
Are you looking for a small loan to manage an unexpected financial emergency? If you’re struggling to balance unexpected expenses on top of your regular payments, choose Salad Money.
As a leading online lender in the UK, we offer fair and affordable personal loans, with zero credit score checks - made possible by Open Banking.
We understand that an unexpected bill or charge can happen to anyone, at any time, and when you need money quickly, waiting for a traditional loan isn’t always possible. That’s why our small loans are designed to help you get the financial relief you need, as soon as possible.
Whether you’re dealing with emergency car repairs or need to cover bills, our small loans are here to help you manage your expenses with ease.
With a quick and easy approval process, you can apply for a small loan and get a decision quickly, without having to wait for days. Completely transparent, our loans avoid complicated or confusing terms, so you can rest assured you receive the money you need, when you need it.
If you need a small loan, apply with Salad Money now and take back control of your finances.
What is a Small Loan?
When it comes to borrowing, most traditional lenders prefer lending larger loan amounts, as they make more money from the interest over time. But, we understand that everyone’s financial needs are different and sometimes, a small loan is all you need.
Our UK small loans ensure that you only borrow what you have to. With access to Salad Money’s little loans, you can better handle any urgent expenses, without having to pay interest on money you don’t need.
Our small loans are the flexible solution that you can use for any purpose, from taking care of pressing home repairs to urgent car maintenance or pet care emergencies.
Worried about your credit score? Our small loans for bad credit use the Open Banking technology to fairly assess your loan affordability, instead of just relying on your credit score.
This unique affordability assessment system doesn’t require a credit history check. This unbiased and easy-to-use process allows us to approve your application quickly, to give you access to the support you need.
Why Choose Our Small Loans?
As a leading direct provider of small loans, even for those with bad credit, Salad Money offers loans that are accessible and affordable.
We realise that life doesn’t happen as planned and that unexpected expenses can come at any time. That’s why our small loans are designed to give you the quick financial assistance you need, when you need it the most.
Here are some of the benefits of our small loans:
Reasons to choose our Small Loans
-
Quick Approval:One of the primary benefits of our small loans is our easy and quick approval process. Our little loans are designed to be accessible, avoiding complicated paperwork and long waiting times. Our system allows us to quickly approve your application and transfer money into your bank account on the same day, typically within four hours.
-
No Lengthy Credit Check: If you need to borrow money fast, you’re unlikely to find what you require with traditional lenders and banks. Banks and similar lenders often conduct lengthy credit checks that are time-consuming and often unfair to people with less-than-perfect credit scores.
At Salad Money, we believe that everyone should have equal access to the loan they need, regardless of their credit score. That’s why we offer small loans with no credit score check to help you get the loan that you need. With our fair and affordable small loans, we assess loan affordability based on your current financial situation through Open Banking, and not just your credit history. -
Fast Funding:A small loan’s purpose is to provide you with the funds you need quickly. Our small loans offer fast funding to ensure the money you need is in your bank account as soon as your application is approved.
-
No Hidden Fees: Many predatory lenders include hidden fees and charges within their loan agreements that aren’t immediately noticeable. This is unfair and can lead to additional fees and extra costs on top of the actual loan.
At Salad Money, we prioritise transparency and trust. That’s why our small loans have clear terms and conditions to ensure you never have to worry about hidden charges & fees. -
Flexible Repayment Terms: Some small loans require you to repay the loan amount within an unrealistic time frame, often by your next payday. This can be stressful and could end up hurting your credit score if you’re unable to pay.
Our small loans allow you to responsibly manage your finances with flexible repayment options. Whether you want to repay your loan right away or within a year, we offer a flexible repayment period of up to 18 months to give you the most options. With our no-cost early repayment options, you can repay the borrowed amount anytime before your loan cycle ends, with no additional costs.
Who Can Benefit from Small Loans?
Salad Money’s small loans can be accessed by anyone in employment who earns more than £1,500 per month.
Small loans are ideal for those who need to borrow a small amount to fulfil an urgent financial obligation.
Let’s look at a few scenarios where a small loan can help:
-
Urgent Home Repairs:
Home repair issues, such as a leaking roof, malfunctioning boiler, or other emergency repair requires immediate attention that can’t be put off until later.
When these repairs cost more than you expect, a small loan can help you make decisions faster and prevent further damage. Small loans help you cover the cost of immediate home repairs, and allow you to spread out the expense and lighten your financial burden.
-
Pet Care Expenses:
Pet care emergency expenses often come out of nowhere and can add up quickly, especially if you don’t have pet insurance. Unlike other expenses that can sometimes be put off, when it comes to our pets, they’re almost always time-sensitive issues that require immediate attention.
That’s where our small loans can be helpful. A small loan can bridge the gap and ensure your pet receives the urgent treatment and care they need, without unnecessary financial strain.
-
Car Repairs:
Our cars are an indispensable part of our daily lives, and an unexpected breakdown can lead to major disruptions in our routines.
Car repairs are even more inconvenient when you can’t afford them. But with our small loans, you can quickly access the money you need to pay for urgent car repairs to get your car back on the road.
-
Bill Payments:
Keeping on top of all our bills can sometimes be a challenge, especially if you’re already struggling to manage other expenses. But bill payments are a necessity, and not paying your bills on time can have consequences, ranging from the disconnection of utilities to a reduced credit score.
Our small loans can help you make your bill payments on time and provide you breathing room to catch up on other financial priorities, without the stress of overdue payments.
How To Apply for a Small Loan
As a prominent lender in the UK, we understand the many challenges borrowers face when trying to get a loan, particularly if you have bad credit. Our application process is easy, and hassle-free, so you can quickly access the cash you need.
Here are the steps to apply for our small loans:
-
1) Online Application
To begin your application for a little loan, you’ll first need to provide us with key details, such as your name, age, source of income, and employment status. Anyone in the UK over 18, in employment and earning over £1,500 a month is eligible for our small loans.
Next, you’ll need to allow us access to your financial information through safe and FCA-authorised Open Banking technology. This will help us to understand your affordability, income, and spending habits. Open Banking technology is supported by all banks in the UK and is just as safe as sharing a printed bank statement, so you can feel confident that your data is secure.
-
2) Affordability-Based Assessment
After you’ve submitted your application, our team will assess your spending patterns, such as bills and existing debt repayments. This allows us to understand your current financial situation and allows us to gauge your ability to afford our small loan, without the need for a credit score check.
-
3) Approval and Fund Transfer
Once we’ve reviewed your application, we will provide you with the terms and conditions of the loan, the repayment period, and the interest rate. After you read and accept these terms, we’ll transfer the funds directly into your account, so you can use them for your urgent expenses immediately.
As an FCA-authorised and regulated lender, we maintain a safe and transparent application process, without any hidden charges.
Frequently Asked Questions
Yes, you can get a small loan even if you have a bad credit score. We offer small loans with no credit score check, so you can receive the money you need regardless of your credit score. Our Open Banking assessment system analyses your ability to repay fairly, based on your current financial situation, not just your past credit history.
With our little loans, you can access the money you need within 4 hours of application approval, making them ideal for emergencies.
Why Choose Salad Money?
When you’re looking for any loan, especially small loans, you need to find the right online lender for you.
Salad Money is committed to responsible lending. As one of the leading online lenders in the UK, we provide absolute transparency and customer satisfaction. We strictly adhere to the Financial Conduct Authority (FCA) guidelines to provide you with the loans you deserve.
We understand that life isn’t always fair. That’s why we don’t use credit scores to analyse loan affordability. Instead, we use an Open Banking-based affordability system to fairly judge your ability to afford our small loans.
We provide all our customers with fair and transparent loans for when they need them the most.
To learn more about our small loans, get in touch with us and apply for a loan now.
Latest from the blog
February 13,2025
Money Stress Keeping You Up? 7 Tips to Help
If you’re worried about money, you’re not alone. One in three UK adults experience anxiety daily about their finances, with people from all walks of life dealing with stress and financial uncertainty.
Read More about Money Stress Keeping You Up? 7 Tips to Help
February 06,2025
How To Avoid Debt Traps In A Financial Emergency
Managing your finances is often challenging, especially in a world of continuous financial pressure.
Read More about How To Avoid Debt Traps In A Financial Emergency
January 30,2025
7 Steps to Smarter Borrowing
Borrowing and repaying money can be a major part of managing your finances, but it can quickly become overwhelming if you find yourself with more debt than savings.
Read More about 7 Steps to Smarter Borrowing
Salad Money are:
Also featured in:
