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Customer service

All ⁷
Growing your business ³
Day to day hustle ³
Manage your finances ¹

12 Feb 2024

Day to day hustle
Cash flow
Customer service
Losing money
Profit and loss

6 ways to stop your business from losing money

12 Feb 2024

09 Nov 2020

Growing your business
Business reputation
Customer service
Expanding
I wish someone had told me that

I wish someone had told me that… Shane Henning, Noddy’s on King

09 Nov 2020

09 Jun 2020

Day to day hustle
Customer loyalty
Customer service
Ecommerce

Building customer loyalty as commerce shifts online

09 Jun 2020

20 Jan 2020

How to handle sudden booms in business | Prospa

Growing your business
Boom times
Customer service
Customers
Marketing
Social media
Viral popularity

From bust to boom: A viral popularity survival guide

20 Jan 2020

11 Nov 2019

Infographic: Is it worth opening on a public holiday? | Prospa

Manage your finances
Cash flow
Customer service
Eoy
Infographic
Public holidays

Infographic: Is it worth opening your doors on a public holiday?

11 Nov 2019

07 Oct 2019

Day to day hustle
Chatbots
Customer service
Marketing
Messenger apps

How small businesses can use messenger apps

07 Oct 2019

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

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

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

Minimum 2 years trading history
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 $5K to $150K

From $150K to $500K

From $2K to $500K

From $5K to $150K

From $150K to $500K

From $2K to $500K

Loan term

Both products are Up to 3 years

Both products are Up to 5 years

2 years, with option to renew

Both products are Up to 3 years

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

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Inside Prospa

Customer service

6 ways to stop your business from losing money

I wish someone had told me that… Shane Henning, Noddy’s on King

Building customer loyalty as commerce shifts online

From bust to boom: A viral popularity survival guide

Infographic: Is it worth opening your doors on a public holiday?

How small businesses can use messenger apps

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit