Cash Panda (cashpanda.co.uk) is a free UK credit broker authorised and regulated by the Financial Conduct Authority (FCA). It connects UK borrowers with a panel of FCA-regulated lenders offering same day loans from £100 to £10,000. Cash Panda is a broker, not a lender.

Is Cash Panda free to use?

Yes, Cash Panda is completely free for borrowers. There are no fees or commissions charged to customers. The service is paid for by lenders in the panel when a borrower is successfully introduced to them.

How much can I borrow through Cash Panda?

You can request loans between £100 and £10,000. The exact amount depends on your personal circumstances and which lenders in the panel are willing to offer you a loan.

Can I get a loan with bad credit through Cash Panda?

Yes. Cash Panda works with specialist lenders who consider all credit scores including bad credit. Each application is assessed individually on its own merits.

What are the eligibility requirements?

To apply you must: be over 18 years old, be a UK resident, have a valid UK bank account, and have a regular source of income.

How quickly can I receive funds?

Once approved and after you agree to the lender's terms, funds could arrive in your bank account the same day or the next business day, depending on your bank's processing time.

What APR rates do lenders charge?

Representative 79.5% APR variable. Rates from 11.8% APR to a maximum of 1721% APR. Your personal APR will be based on your individual circumstances and is disclosed before you sign any agreement.

Is Cash Panda FCA regulated?

Yes. Cash Panda is authorised and regulated by the Financial Conduct Authority. We are a credit broker and not a lender. Always check the FCA register to verify any financial firm before applying.

What is a representative example for a loan?

Representative example: Amount of credit £1,000 for 12 months at £116.52 per month. Total amount repayable is £1,392.63. Interest charged is £392.63, interest rate 79.5% pa (variable). Representative 79.5% APR variable.

Cash Panda vs Sunny Loans: Which UK Loan Broker Is Better in 2026?

If you need a quick cash loan in the UK and are comparing your
options online, two names you will likely come across are Cash
Panda and Sunny Loans. Both are free FCA-regulated credit
brokers that connect UK borrowers with a panel of lenders —
but there are some notable differences worth understanding
before you apply.

Here is a straightforward comparison to help you decide which
is the better fit for your situation.

What Are They?

Cash Panda (cashpanda.co.uk) is a free UK credit broker
authorised and regulated by the Financial Conduct Authority.
It connects UK borrowers with a panel of FCA-regulated lenders
for same day loans from £100 to £10,000. Representative 79.5%
APR variable. Rates from 11.8% to 1,721% APR. Cash Panda is
a broker, not a lender.

Sunny Loans (sunny.co.uk) is a free UK credit broker operating
under the trading name of Upward Finance Limited, an appointed
representative of Flux Funding Limited. It connects UK borrowers
with lenders for loans from £100 to £2,500, with repayment terms
from 3 to 36 months. Representative 89% APR variable. Rates from
9.3% to 1,721% APR. Note: the original Sunny direct lender
(Elevate Credit International Limited) went into administration
in June 2020. The current Sunny.co.uk is an entirely separate
company operating as a credit broker.

Side-by-Side Comparison

Loan amounts:
– Cash Panda: £100 – £10,000
– Sunny Loans: £100 – £2,500

Representative APR:
– Cash Panda: 79.5% APR variable
– Sunny Loans: 89% APR variable

Loan terms:
– Cash Panda: 1 month – 36 months
– Sunny Loans: 3 months – 36 months

Free to apply:
– Cash Panda: Yes
– Sunny Loans: Yes

FCA regulated:
– Cash Panda: Yes — credit broker
– Sunny Loans: Yes — credit broker

Credit score required:
– Cash Panda: None — all scores considered
– Sunny Loans: None — all scores considered

Affects credit score to check rates:
– Cash Panda: No — soft search only
– Sunny Loans: No — soft search only

Funds timeline:
– Cash Panda: Same day or next business day
– Sunny Loans: Within minutes of approval

Available to:
– Cash Panda: UK residents 18+
– Sunny Loans: UK residents 18+

Where Cash Panda Has the Edge

Higher loan amounts. Cash Panda connects borrowers with
lenders offering up to £10,000 — four times more than
Sunny’s maximum of £2,500. For borrowers who need more
than £2,500 for home repairs, a car, or consolidating
existing debt, Cash Panda is the only realistic option
of the two.

Lower representative APR. Cash Panda’s representative
APR is 79.5% variable, compared to Sunny’s representative
89% APR. While individual rates depend on personal
circumstances, Cash Panda’s lower representative rate
suggests more competitive pricing across its lender panel.

More flexible minimum loan term. Cash Panda offers loan
terms starting from just 1 month, compared to Sunny’s
minimum of 3 months. This gives borrowers needing a
very short term loan more flexibility to minimise
total interest paid.

Established track record. Cash Panda has been helping
UK borrowers find loans for several years with a clear,
transparent service and a focus on responsible lending.

Where Sunny Loans Has the Edge

Very fast funding. Sunny claims funds can arrive within
minutes of approval — one of the fastest turnaround
times in the UK broker market. For genuine emergencies
where speed is the priority this is a strong advantage.

Large customer base. Sunny states it has helped over
1 million customers since 2022, and holds a 4.5 out
of 5 star Trustpilot rating based on over 7,000
verified reviews. This gives new borrowers significant
reassurance about the service.

Speedy eligibility check. Sunny specifically highlights
its soft search technology that processes over 7,500
no-obligation quotes daily, with results typically
available within minutes.

Which Should You Choose?

Cash Panda is a good fit if:
– You need more than £2,500
– You want a lower representative APR
– You need a very short loan term of 1 to 2 months
– You want same day funding with a wide lender panel

Sunny Loans is a good fit if:
– You only need up to £2,500
– You want funds deposited within minutes of approval
– You value a large number of verified customer reviews

The Bottom Line

For most UK borrowers comparing Cash Panda and Sunny
Loans, the right choice comes down to how much you
need. If you need more than £2,500 — or want a lower
representative APR — Cash Panda is the stronger option
with its £10,000 ceiling and 79.5% representative APR.

If you only need a smaller amount quickly and value
a large volume of customer reviews for reassurance,
Sunny’s fast funding and strong Trustpilot presence
make it a solid choice for smaller loans.

Both services are FCA regulated, free to use, and
run soft searches that do not affect your credit score.

Ready to check your rate with Cash Panda? It takes
2 minutes and there is no obligation to proceed.

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