Rates & calculator

Rates & calculator

See exactly what your loan will cost before you apply. No hidden fees — ever.

Loan calculator

How much will it cost?

£100£5,000
1 month24 months
Monthly payment£95.21
Total repayable£571.26
Total interest£71.26
Rep. APR49.9%
Register interest for this amount →

Illustrative only. Figures based on indicative rates. Actual rates and terms confirmed at the point of application, subject to individual affordability assessment. 18+ UK residents only.

Three tiers

Choose your ticket

Cash Train Quick

£100 – £500
1 – 3 months · 149.9% representative APR

Short-term cover for unexpected costs. Fast decision, same-day funds.

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Cash Train Plus

£2,000 – £5,000
6 – 24 months · 39.9% representative APR

Larger amounts, longer terms. Dedicated underwriter review.

Apply now →
Full product comparison

What each tier includes

Every tier carries the same consumer protections — the differences are amount, term and APR.

Quick Flex ★ Plus
Loan details
Amount range £100 – £500 £500 – £2,000 £2,000 – £5,000
Term range 1 – 3 months 3 – 12 months 6 – 24 months
Representative APR 149.9% 49.9% 39.9%
Rate type Fixed Fixed Fixed
Repayment frequency Monthly Monthly Monthly
Application & decision
Soft search at quote stage
Automated decision
Typical decision time < 2 minutes < 2 minutes < 2 min*
Same-day funding
Open Banking (optional)
Cost & transparency
Total repayable shown upfront
Fixed total — never changes
Arrangement fee ✕ None ✕ None ✕ None
Annual / admin fee ✕ None ✕ None ✕ None
Broker / referral fee ✕ None ✕ None ✕ None
Consumer rights
Early repayment right ✓ Contractual ✓ Contractual ✓ Contractual
14-day cooling-off right
Hardship / forbearance options
FOS escalation ✕ N/A ✕ N/A ✕ N/A
Digital agreement
Online account / portal

* Plus tier: complex affordability cases may be referred to a human underwriter, adding up to 4 business hours. All other applications automated.

† Cash Train is an unregulated lender — statutory consumer credit rights under the CCA 1974 and Financial Ombudsman Service (FOS) jurisdiction do not apply. Early repayment and 14-day withdrawal rights are offered contractually. For unresolved complaints, contact Citizens Advice or seek independent legal advice.

Rate reference

APR & term matrix

Product Amount Rep. APR Term Repayments
Cash Train Quick £100 – £500 149.9% (fixed) 1 – 3 months Monthly
Cash Train Flex £500 – £2,000 49.9% (fixed) 3 – 12 months Monthly
Cash Train Plus £2,000 – £5,000 39.9% (fixed) 6 – 24 months Monthly

Rates shown are representative only — illustrative of how the product works. Actual rates confirmed at the point of application, subject to status.

Representative examples

Amount Term Monthly payment Total interest Total repayable APR
£2002 months£111.29£22.58£222.58149.9%
£4003 months£154.80£64.40£464.40149.9%
£5006 months£95.21£71.26£571.2649.9%
£1,00012 months£103.75£245.00£1,245.0049.9%
£3,00018 months£210.83£794.94£3,794.9439.9%

Examples are illustrative. Interest is calculated at the applicable representative rate. Subject to status.

Month by month

What does a Flex loan actually look like?

Representative example: £500 over 6 months at 49.9% (fixed). Total cost fixed at signing — you pay the same amount every month.

Month Opening Interest Principal Payment Remaining
1 £500.00 £11.88 £83.33 £95.21 £416.67
2 £416.67 £11.88 £83.33 £95.21 £333.34
3 £333.34 £11.88 £83.33 £95.21 £250.01
4 £250.01 £11.88 £83.33 £95.21 £166.68
5 £166.68 £11.88 £83.33 £95.21 £83.35
6 £83.35 £11.86 £83.35 £95.21 £0.00
Total £71.26 £500.00 £571.26
£95.21
Same every month
£71.26
Total interest
£571.26
Total repayable
Repay early — pay less interest. Cash Train provides an early settlement right contractually — you can repay all or part of your loan at any time, with no penalty. If you repaid after month 3, your remaining balance would be just £250.01. We provide a settlement figure on request.

Illustrative schedule based on representative example. Actual schedule provided in your Pre-Contract Credit Information document. Subject to status.

Cost policy

Our cost caps — compared to FCA HCSTC limits

Cash Train is an unregulated lender and is not subject to FCA HCSTC rules. As a matter of responsible lending policy, we voluntarily cap costs at or below the FCA HCSTC limits — shown below for comparison.

FCA cap Limit Quick Flex Plus
Daily interest cap Max 0.8%/day ~0.41% ~0.14% ~0.11%
Total cost cap Max 100% of loan Never exceeds 100% on any tier ✓
Default fee cap Max £15 £15 default fee, one charge only ✓

Daily rate figures are approximations based on the representative APR for each tier. Actual daily rate depends on your loan amount and term as agreed.

No hidden charges — ever

Arrangement fee
Annual fee
Early repayment fee
Administration charge
Statement fee
Broker fee
Outside the FCA perimeter

Commercial & SME lending

Business loans for UK companies and sole traders borrowing for commercial purposes. These products sit outside the FCA consumer credit regulatory perimeter — no consumer credit authorisation required.

Commercial Quick

£100 – £500
1 – 3 months · 149.9% indicative rate

Short-term working capital or cashflow cover for businesses. Fast decision, same-day funds.

Enquire →

Commercial Plus

£2,000 – £5,000
6 – 24 months · 39.9% indicative rate

Larger commercial facilities for established businesses. Human underwriter review.

Enquire →

Who can apply

  • UK registered limited companies
  • Partnerships and LLPs
  • Sole traders borrowing for business purposes
  • UK bank account with direct debit capability
  • Business in operation (trading history preferred)

Regulatory status

Commercial lending to businesses sits outside the FCA consumer credit regulatory perimeter. These products are not regulated consumer credit and do not carry the same statutory protections as a consumer loan (no 14-day cooling-off right, no Consumer Credit Act early settlement rebate). Commercial terms apply. Credicorp operates these products under its own responsible commercial lending framework.

Indicative rates only. Commercial loan pricing is subject to individual assessment of the business, trading history and purpose. Rates shown are indicative — your actual rate will be confirmed in your offer documentation before you commit. Commercial products are available from launch and do not require FCA consumer credit authorisation.
Common questions

Rates FAQ

Cash Train charges a fixed daily interest rate for each loan tier. The rate for your loan will be confirmed in your personalised offer before you sign. All rates are fixed for the full term — they cannot change after you sign your agreement.

Not necessarily. The representative APR is the rate offered to at least 51% of successful applicants. Your personal rate is confirmed in your individual offer and depends on your credit and affordability assessment — it may be higher or lower than the representative figure.

Cash Train charges interest only — there are no arrangement fees, no administration charges and no early repayment penalties. The only cost is the interest agreed at the start of your loan. Any applicable product establishment fee (£5 on the Quick tier) is disclosed in your offer before you sign.

Cash Train applies a total cost cap: you will never repay more than double the amount you originally borrowed. This cap is built into every loan agreement, regardless of missed payments or other events.

The calculator shows indicative figures based on the rate and term you select. The exact figures — your personal rate, monthly payment and total repayable — are confirmed in your personalised offer after a soft credit and affordability check. There is no obligation to proceed after seeing your offer.

See your personalised rate

Soft search — no credit score impact until you proceed.

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