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Cash flow management

All ⁶
Manage your finances ⁵
Growing your business ¹

30 Jan 2024

Manage your finances
Business planning
Cash flow management
Guide
Invoicing
Payment Times Reporting Act
Small business legislation

Explained: Updates to small business payment times legislation

30 Jan 2024

05 Oct 2022

Growing your business
Cash flow
Cash flow management
Forecasting
Small business guide

How to improve your cash flow forecast

05 Oct 2022

05 Sep 2022

Manage your finances
Cash flow
Cash flow management
Finance
Guide
Remuneration strategy
Remuneration structure

A small business guide to remuneration structures

05 Sep 2022

27 Apr 2022

Manage your finances
Cash flow
Cash flow forecast
Cash flow management
Financial year
Profit and loss

Cash flow management tools to add to your small business

27 Apr 2022

12 Aug 2019

Small business failure: What you can learn from the statistics | Prospa

Manage your finances
Cash flow
Cash flow management
Infographic
Small business failure

Infographic: What you can learn from small business failure

12 Aug 2019

09 Jun 2016

Manage your finances
Cash flow
Cash flow management
Small business strategies

6 tips to recover from hardship

09 Jun 2016

Prospa solutions

Prospa
Small Business Loan

Quick access $5K - $150K

Learn more

Prospa
Business Loan Plus

Larger loans $100K - $500K

Learn more

Prospa
Line of Credit

Ongoing access to funds up to $150K

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

Line of Credit
Business Loan Plus
Small Business Loans

Select Product #2

Line of Credit
Business Loan Plus
Small Business Loans

Best for when you need

To build cash flow confidence

Funds for bigger plans

Fast access to funds

To build cash flow confidence

Funds for bigger plans

Fast access to funds

Eligibility

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

6 months 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

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

Asset security

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

Security may be required when accessing over $150K in Prospa funding

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

Security may be required when accessing over $150K in Prospa funding

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

Loan size

From $2K to $500K

From $150K to $500K

From $5K to $150K

From $2K to $500K

From $150K to $500K

From $5K to $150K

Loan term

2 years, with option to renew

Both products are Up to 5 years

Both products are Up to 3 years

2 years, with option to renew

Both products are Up to 5 years

Both products are Up to 3 years

Interest

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

Fixed interest rate

Both products do not require Asset security Fixed interest rate

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

Fixed interest rate

Both products do not require Asset security Fixed interest rate

Payments structure

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

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

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

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

Repayment frequency

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%

Both products can be repaid Weekly

Online access

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

Dedicated lending specialist

Yes

Visa debit card not available Yes

Yes

Visa debit card not available Yes

Visa debit card

Dedicated lending specialist not available No

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Categories

Content types

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Partner blog

Inside Prospa

Cash flow management

Explained: Updates to small business payment times legislation

How to improve your cash flow forecast

A small business guide to remuneration structures

Cash flow management tools to add to your small business

Infographic: What you can learn from small business failure

6 tips to recover from hardship

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit