When you are in need of funds, you would probably want the cash as soon as possible. Although there is no magic to cause the desired cash to appear before you as and when you want it, there are same day loans which can be deemed just as good. These are loans which can be processed very quickly with the loan amount dispensed on the same day. These are usually through commercial lenders who are willing to bypass certain borrowing procedures to execute your loan application quickly. Banks will not be able to give you this kind of privilege as there are too many procedures attached to any loan taken out with a bank. But there are many commercial and private loan providers who can expedite your loan application quickly because they are smaller and private entities with fewer channels of accountability to process the loan. Hence, you can enjoy your loan amount within 24 hours. (source)