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News

All ⁸⁸
Announcements ²⁹
News ²⁶
Insights ¹⁸
People ⁸
Awards ⁶
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19 May 2021

Announcements
Insights
News

Prospa surpasses $2 billion in lending to small business economy in Australia and New Zealand

19 May 2021

22 Feb 2021

News
People

Prospa appoints independent Non-Executive Director Mary Ploughman

22 Feb 2021

17 Sep 2020

News
People

Prospa announces new Chief Financial Officer

17 Sep 2020

07 Sep 2020

News

Prospa welcomes the Senate select committee on financial technology and regulatory technology’s interim report

07 Sep 2020

16 Jun 2020

News

FAST adds Prospa to panel to support small business recovery

16 Jun 2020

11 Jun 2019

Announcements
News

Prospa lists on the ASX

11 Jun 2019

Prospa solutions

Prospa
Small Business Loan

Quick access $5K - $500K

Learn more

Prospa
Business Loan Plus

Larger loans $500K - $1M

Learn more

Prospa
Line of Credit

Ongoing access to funds up to $500K

Learn more

Get started

Which product are you interested in?

Apply for funds

Small business lending to match your business needs

Open an account

A business transaction account. For existing Prospa customers.

Compare our products

Select Product #1

Small Business Loans
Business Loan Plus
Line of Credit

Select Product #2

Small Business Loans
Business Loan Plus
Line of Credit

Best for when you need

Fast access to funds

Funds for bigger plans

To build cash flow confidence

Fast access to funds

Funds for bigger plans

To build cash flow confidence

Eligibility

6 months minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

3 years minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum 2 years trading history
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

6 months minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

3 years minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum 2 years trading history
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Security

No upfront security for up to $150K in Prospa funding

Upfront property security required

No upfront security for up to $150K in Prospa funding

Upfront property security required

No upfront security for up to $150K in Prospa funding

Loan size

From $5K to $500K

From $500K to $1M

From $2K to $500K

From $5K to $500K

From $500K to $1M

From $2K to $500K

Loan term

Both products are Up to 5 years

2 years, with option to renew

Both products are Up to 5 years

2 years, with option to renew

Interest

Both products do not require Asset security Fixed interest rate

Fixed interest rate

Both products do not require Asset security Interest calculated on the funds you use, not on the limit.

Both products do not require Asset security Fixed interest rate

Fixed interest rate

Both products do not require Asset security Interest calculated on the funds you use, not on the limit.

Payments structure

Both products can be repaid in a Receive your full amount as a lump sum

Both products can be repaid in a Receive your full loan amount as a lump sum

Use and reuse as often as you like during the 24 month renewable term

Both products can be repaid in a Receive your full amount as a lump sum

Both products can be repaid in a Receive your full loan amount as a lump sum

Use and reuse as often as you like during the 24 month renewable term

Repayment frequency

Both products can be repaid Weekly

Both products are repaid weekly Only pay interest on what you use + weekly service fee 0.046%

Both products can be repaid Weekly

Both products are repaid weekly Only pay interest on what you use + weekly service fee 0.046%

Online access

Both products can be accessed through the Prospa App and Prospa Online

Dedicated lending specialist

Visa debit card not available Yes

Yes

Visa debit card not available Yes

Yes

Visa debit card

Dedicated lending specialist not available No

Apply now Read more

Apply nowRead more

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 1300 882 867

Are you a new or existing customer? ^{*required field}

New

Existing

First name ^{*required field}

Last name ^{*required field}

Phone number ^{*required field}

Email ^{*required field}

How can we help? ^{*required field}

By clicking submit I agree with Prospa's consent information and privacy policy.

Thanks for contacting us! We will get in touch with you shortly.

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 1300 882 867

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 1300 882 867

Business Details

Contact information

Search by ABN, ACN or legal trading name:

How much are you looking for? ^{*required field}

Monthly revenue ^{*required field}

How will you use the funds? ^{*required field}

By clicking continue I agree with Prospa's consent information and privacy policy.

First name ^{*required field}

Last name ^{*required field}

Phone number ^{*required field}

Email address ^{*required field}

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Thanks for contacting us! We will get in touch with you shortly.

Talk to a specialist

Our lending specialists are available to assist you at any stage of this process.

If you’d like to speak with someone now, call 1300 882 867

Talk to a specialist

Our lending specialists are available to assist you at any stage of this process.

If you’d like to speak with someone now, call 1300 882 867

Business Details

Contact information

Search by ABN, ACN or legal trading name:

Industry ^{*required field}

How much are you looking for? ^{*required field}

Monthly revenue ^{*required field}

How will you use the funds? ^{*required field}

By clicking continue I agree with Prospa's consent information and privacy policy.

First name ^{*required field}

Last name ^{*required field}

Phone number ^{*required field}

Email address ^{*required field}

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Thank you for your interest. Our team will review your details and get in touch if you're eligible.

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 1300 882 867

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 1300 882 867

Business Details

Contact information

Search by ABN, ACN or legal trading name:

How much are you looking for? ^{*required field}

Monthly revenue ^{*required field}

How will you use the funds? ^{*required field}

By clicking continue I agree with Prospa's consent information and privacy policy.

First name ^{*required field}

Last name ^{*required field}

Phone number ^{*required field}

Email address ^{*required field}

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Thanks for contacting us! We will get in touch with you shortly.

Check your eligibility

Our lending specialists are available to assist you at any stage of this process.

If you’d like to speak with someone now, call 1300 882 867

Check your eligibility

Our lending specialists are available to assist you at any stage of this process.

If you’d like to speak with someone now, call 1300 882 867

Business Details

Contact information

Search by ABN, ACN or legal trading name:

Industry ^{*required field}

How much are you looking for? ^{*required field}

Monthly revenue ^{*required field}

How will you use the funds? ^{*required field}

By clicking continue I agree with Prospa's consent information and privacy policy.

First name ^{*required field}

Last name ^{*required field}

Phone number ^{*required field}

Email address ^{*required field}

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Thank you for your interest. Our team will review your details and get in touch if you're eligible.

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 1300 882 867

What can we assist with?

Business Loan

Line of Credit

I have a general question

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Inside Prospa

News

Prospa surpasses $2 billion in lending to small business economy in Australia and New Zealand

Prospa appoints independent Non-Executive Director Mary Ploughman

Prospa announces new Chief Financial Officer

Prospa welcomes the Senate select committee on financial technology and regulatory technology’s interim report

FAST adds Prospa to panel to support small business recovery

Prospa lists on the ASX

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit