If you’re running a small business, you already know that every single dollar counts. What you might not know is that the funding you take out to grow your business can now earn you something back.

Prospa has partnered with Qantas Business Rewards to give eligible customers the option to earn 1 Qantas Point for every $1 funded, up to 500,000 Qantas Points, on their Prospa Small Business Loan or Business Loan Plus. It’s a simple add-on feature – not a new product – that turns a financial decision you’re already making into plenty of extra value for your business.

Why rewards should be on every business owner’s radar

Rewards programs might be something you associate with credit cards, not business finance. But the landscape is changing. According to new research from Prospa and YouGov, three in five Australian business owners say they collect loyalty points or rewards through their business.

Nathaniel Flack, founder of Fundamental Business Finance, has seen this happen firsthand across the hundreds of small businesses he advises.

“I first realised the benefit of earning points quite early in my business career,” he says. “What surprised me the most was how quickly points can accumulate.”

It all adds up. With the Prospa Small Business Loan and Qantas Business Rewards partnership, customers can earn 1 Qantas Point for every $1 funded – meaning a $200,000 business loan could earn you 200,000 Qantas Points. And those points can go towards business travel, flights to conferences, connecting with clients and suppliers interstate and many other business-related expenses.

Unlocking more value from your funding

The real appeal of a rewards feature on business funding is that it doesn’t require you to change anything about how you operate. You’re already taking out the loan to invest in your business. Earning Qantas Points on top just means you’re extracting more value from that decision.

For businesses running on tight margins, this kind of added value matters a lot. Whether the points help go towards the cost of a flight to a supplier meeting or fund a flight to the event, Flack says they turn a standard business expense into something that works harder.

“Small businesses are running on really tight margins. To be able to extract value from spend that’s already happening is important.”

How it works

When you apply for a Prospa Small Business Loan or Business Loan Plus, you can choose to add Qantas Points as a feature before settlement. There’s no separate application – it’s baked into the existing loan application process. You’ll need to be a Qantas Business Rewards member and Prospa can register you automatically and waive the $89.50 joining fee.

Once your loan settles, the Qantas Points are credited based on the amount funded, up to a maximum of 500,000 Qantas Points per loan. Be aware that choosing to earn Qantas Points with a Prospa Small Business Loan or Business Loan Plus incurs a 0.49% increase to the origination fee.

A smarter way to think about business finance

The days of viewing a business loan as purely a funding tool are over. For SMEs that are juggling razor-thin budgets and looking for every advantage, earning rewards on funding is a smart way to stretch the value of decisions you’re already making.

“Partnerships like Prospa and Qantas Business Rewards create ecosystems where you can maximise value,” Flack says. “Points shouldn’t just be seen as a perk – they’re a tool.”

Ready to get funding for your business? See exactly how Qantas Points can add extra value to the loan you’ll take out.