You can get a cash loan through an online application at microfinance organizations (MFOs). Banks also issue similar loans, but with more serious requirements and with a fairly high probability of loan refusal.
How to fill out an online application for a cash loan?
Nowadays you won’t surprise anyone with the opportunity to apply for a cash loan via the Internet. This can be done through a bank or microfinance organization. However, these companies have their own nuances regarding such a service.
The process itself looks like this:
- The client chooses the company from which he will take out a loan.
- An online application is created through the website indicating the required amount and repayment period.
- The application is being reviewed by the company.
If a positive decision is made, the client can either come to the branch and pick up the money, or receive cash through a courier.
Is it possible to submit an online application for a cash loan to a bank?
Office banks issue loans based on online applications in cash, but not to everyone. You must be a bank client using any of the following options:
- have a deposit in it;
- have a salary card here;
- already apply for loans from this bank.
As for such clients, the company already has a complete list of documents and is confident in their solvency. If you are a salary client, or have a deposit here, in case of non-payment, the bank will simply withhold the borrowed amount from your account. If you have taken out loans before and repaid them normally, you are a reliable borrower and can be trusted.
In such cases, the bank may well issue you a cash loan based on an online application.
Online application for a cash loan from microfinance organizations: advantages
Microfinance organizations are financial institutions operating in accordance with the legislation of Ukraine – the Law “On Financial Services and State Regulation of Financial Services Markets”. To conduct activities, they obtain a license from the National Commission. Despite many rumors, cooperation with an MFO can have many significant advantages, especially compared to a banking institution.
Among the main advantages of taking a cash loan online by applying to an MFO are:
- simple registration at any time. The loan form is available online; all you need is internet access and a smartphone or other gadget. Microfinance organizations operate around the clock, without days off or breaks. If the application is filled out correctly, the data is processed automatically, as is the loan approval;
- quick money. Selecting an institution on the Bank-ua website and selecting optimal conditions will not take much time. This is a great way to cash urgently; in most cases, money is available within up to 1 hour, sometimes in 15 minutes;
- availability of credit. MFOs provide the opportunity for different social groups to fill out an online application. Cash loan without guarantors, certificate of employment, available to students, pensioners, mothers on maternity leave, the unemployed and people working informally.
It is important to pay attention to the interest rate. It can be high, although for the first application there are offers at 0 percent.
The peculiarity of getting a cash loan online by applying to an MFO is the short terms and small loan amount. For new clients this is up to 5000 UAH. per month for repayment, for permanent ones up to 20,000 UAH. for several months.
When should you contact a bank and when should you contact an MFO?
In order to apply for a profitable online cash application, you should focus on the purpose of the loan and financial capabilities.
If you need to get a business loan, it’s best to contact a banking institution. Here you can count on a large amount and insurance. Some banks provide favorable, loyal conditions for aspiring entrepreneurs to start their activities.
Banking institutions may offer to issue a credit card. This is a practical solution to use credit funds interest-free every day. Credit cards have a positive impact on the formation of a borrower’s credit history.
Microfinance organizations are an option for receiving a small amount for urgent needs. This is an urgent cash loan, which can be processed as quickly as possible and on simple terms. Institutions do not take credit history into account and have a low refusal rate. This allows you to take advantage of the loan opportunity for any client, get a loan without guarantors, income certificates, salary certificates, with a damaged credit history, etc. The MFO requirements for the borrower are as simple as possible:
- citizenship of Ukraine;
- reaching the age of majority – 18 years;
- presence of a passport and identification code;
- residence on the territory of Ukraine (temporarily occupied territories are often not served by a microfinance organization).
At the borrower’s choice, receiving funds on a bank card or in cash at terminals or at the cash desk.
How to submit an online application for a cash loan from an MFO?
Microfinance organizations issue cash loans on simpler terms (than at a bank) based on an online application.
Since there are more than a hundred microfinance organizations operating in Ukraine, it is quite difficult to make a choice on your own. To choose the most profitable option, you need to use the Bank-ua comparison service. It collects proposals from dozens of different microfinance organizations in one place. This way you can compare their conditions and choose the best option.
To submit an online application for a cash loan you need:
- Go to Bank-ru.
- Set the necessary filters to see only those offers that suit your requirements.
- Select the best offer from the remaining list.
- Go to the MFI website.
- Register and fill out your passport details.
- Create a loan application.
If the application is approved (and refusal is rare in MFOs), you can pick up the money in cash either from the branch or by courier.
In what cases are loans refused from a microfinance organization? Frequent cases of errors in the form of filling out an online application, entering false personal information, negative experience when repaying loans in this institution.
In general, MFOs offer loyal conditions and accommodate clients, offering contract extensions, credit holidays and other offers. And yet, if the debt is not paid, collection can be enforced through the courts.
Do you need quick cash urgently for a short period of time? An unpredictable situation has arisen, but there are no funds? When you submit an online application to an MFO, you can receive cash in the shortest possible time, 24/7, 7 days a week.
Information about our partners
| MFO | Contacts | Legal information |
| CCloan | Telephone: 0 800 750 027 38 097 583-11-77 38 093 583-11-77 38 044 222-77-33 E-mail: help@ccloan.com.ua Work schedule: around the clock | Address: Ukraine 01024, Kyiv, str. Basina, building 6 Legal name: TOV “SS Lone” EDRPOU 40071779 License of the National Financial Service Commission: No. 1127 dated April 13, 2017. Director: Natalya Valentynivna Klevakina |
| in Milo | Telephone: 38 (044) 337 36 67 E-mail: info@miloan.ua Work schedule: Issuance of loans – around the clock, Support service – From 8:00 a.m. to 8:00 p.m | Address: Kyiv, Baggovutivska, building 17-21 Legal name: LLC “Miloan” EDRPOU 40484607 License of the National Financial Service Commission: No. 163 dated January 26, 2017 Director: Vynychenko Oleksiy Vitaliyovych |
| Moneyveo | Telephone: 0 800 21 9393 E-mail: support@moneyveo.ua Work schedule: around the clock | Address: 01015, m. Kyiv, 15-B Leiptsyzka Street, 1st floor Legal name: OOO “MANIVEO QUICK FINANCIAL ASSISTANCE” EDRPOU 38569246 License of the National Financial Service Commission: No. 163 dated January 26, 2017 Director: Andronikova Olena Oleksandrivna |
| Alexcredit | Telephone: 38 (099) 618 64 64 38 (097) 618 64 64 38 (093) 618 64 64 E-mail: mail@alexcredit.com.ua Work schedule: Loans are issued around the clock Contact center: Mon – Fri from 8:00 a.m. to 8:00 p.m. Sat and Sun from 10:00 to 20:00. | Address: 49041, Dnipro, st. Yakov Samarskyi, 12-A Legal name: LLC “ALEKSKREDIT” EDRPOU 41346335 License of the National Financial Service Commission: No. 3549 dated August 17, 2017 Director: Egorov Vadim Petrovych |
| MyCredit | Telephone: 073 369 41 11 067 369 41 11 050 369 41 11 0 800 214 111 E-mail: support@mycredit.ua Work schedule: around the clock | Address: 01010, Kyiv, square Arsenalna, 1-B Legal name: LLC “1 Secure Agency of Necessary Credits” EDRPOU 39861924 License of the National Financial Service Commission: No. 163 dated January 26, 2017 Director: Stenzya Dmytro Vitaliyovych |
| CreditKasa | Telephone: 38 044 333 52 22 38 067 373 37 57 38 099 373 37 57 38 063 373 37 57 E-mail: info@creditkasa.ua Work schedule: weekdays from 8:00 a.m. to 9:00 p.m weekends and holidays: from 10:00 to 20:00 | Address: 01133, Kyiv, blvd. Lesi Ukrainka, 26, office. 407 Legal name: LLC “UKR CREDIT FINANCE” EDRPOU 38548598 License of the National Financial Service Commission: No. 2401 dated 06/08/2017 Director: Maria Mykolaivna Hayvoronska |
| CreditPlus | Telephone: 0 (800) 753-363 E-mail: info@creditplus.ua Work schedule: Issuance of loans around the clock Support service hours: Mon-Fri: 8:00 a.m. to 11:00 p.m Sat-Sun: from 9:00 to 21:00 | Address: 03062, Kyiv, Prospekt Peremogy 90-A Legal name: LLC “Aventus UKRAINE” EDRPOU 41078230 License of the National Financial Service Commission: No. 756 dated 03/28/2017 Director: Volodymyr Viktorovych Dovhal |
| Goufingou | Telephone: 38 (044) 390 30 31 E-mail: info@gofingo.com.ua | Address: 04071, Kyiv, Horiva St., 1A Legal name: LLC “GOUFINGOU” EDRPOU 42059219 License of the National Financial Service Commission: No. 876 dated 06/07/2018 Director: Ivashchenko Iryna Viktorivna |
| Fast Money | Telephone: 0 800 50 10 20 E-mail: info@sgroshi.com | Address: 01032, Kyiv, str. Saksaganskyi, 133-A Legal name: LLC “CONSUMER CENTER”, EDRPOU 37356833 License of the National Financial Service Commission: No. 438 dated February 28, 2017 Director: Oleksandr Volodymyrovych Kholod |
| There is money | Telephone: 0 800 300 330 Email: info@e-groshi.com Work schedule: around the clock | Address: m Dnipro, Bohdan Khmelnytskyi Avenue, building 180, office (Sq.) 211 Legal name: LLC “FINANCIAL COMPANY E MONEY” EDRPOU 43067861 License of the National Financial Service Commission: No. 1968 dated 08.10.2019 Director: Koretskaya Iryna Serhiivna |
| Your Cash | Telephone: 0800 202 404 E-mail: zayavka@limefin.com Work schedule: from 8:00 a.m. to 10:00 p.m. without days off | Address: MYKOLAIV, Pushkinska, building 28, office (Sq.) 7 Legal name: LLC Lime Capital EDRPOU 41885310 License of the National Financial Service Commission: No. 793 dated May 7, 2019 Director: Galina Volodymyrivna Lebedeva |
| Wallet | Telephone: +38 (044) 334 44 20 E-mail: info@koshelok.net | Address: 08135 Kyiv region, Kyiv-Svyatoshinsky district, Chaika Antonov, building 8A Legal name: LLC “KOSHELOK” EDRPOU 40842831 License of the National Financial Service Commission: No. 432 dated 28.02.2017 Director: Serhiy Serhiyovych Krylov |
| CashBerry | Telephone: 0 800 600 770 E-mail: info@cashberry.com.ua Work schedule: Monday – Friday: 08:00 – 20:00 Sat – Mon: 09:00 – 18:00 | Address: Kyiv Klovsky Uzviz, b. 7, office (Sq.) Room 103 Legal name: LLC “Financial company Invest Finance” EDRPOU 40284315 License of the National Financial Service Commission: No. 1680 dated 05/16/2017 Director: Kupriyanov Maksym Serhiyovych |
| Credit7 | Telephone: 0 800 33 07 33 E-mail: info@credit7.ua Work schedule: Mon-Fri: from 9:00 a.m. to 9:00 p.m Sat-Sun: from 9:00 to 19:00 | Address: 02081 Kyiv, Dniprovska naberezhna, 25, office (Sq.) 318 Legal name: LLC “LINEURA UKRAINE” EDRPOU 42753492 License of the National Financial Service Commission: FC certificate No. 1177 dated 03/19/2019 Director: Shchenichny Andriy Ivanovych |
| Forzacredit | Telephone: 0800300770 Work schedule: around the clock 24/7 | Address: 04080 Kyiv, Vikentia Khvoyki, 15 / 15 Legal name: LLC “FC” FORZA “EDRPOU 41762679 License of the National Financial Service Commission: No. 559 dated 04/13/2018 Director: Natalia Chebanova |
| KF.UA | Telephone: 0 800 30 08 83 Work schedule: around the clock | Address: 04080 Kyiv, Vikentia Khvoyki, 15 / 15 Legal name: LLC “FC” FORZA “EDRPOU 41762679 License of the National Financial Service Commission: No. 559 dated 04/13/2018 Director: Natalia Chebanova |
| Money4you | Telephone: 0 800 330 024 E-mail: info@money4you.com.ua Work schedule: Mon-Fri: 09:00-20:00 Sat-Wed: 10:00-20:00 | Address: 03150 Kyiv, Kazimyra Malevicha, building 87 Legal name: LLC “Manifo” EDRPOU 42848369 License of the National Financial Service Commission: No. 1198 dated 05/07/2019 Director: Oleg Vasylovich Kuzminov |
| SOS Credit | Telephone: (044) 36 36 767 0 (800) 211 767 E-mail: support@sos-credit.com.ua Work schedule: from 9:00 to 18:00 (weekdays) | Address: 23, Pochaynynska, Kyiv, 04070 Legal name: LLC “SOS KREDIT” EDRPOU 39487128 License of the National Financial Service Commission: No. 163 dated January 26, 2017 Director: Timofeev Yaroslav Andreyovych |