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End of financial year

All ⁹
Manage your finances ⁹

24 Jul 2023

Manage your finances
Cash flow
End of financial year
Profit
Small business growth

How 3 small businesses are boosting cash flow

24 Jul 2023

15 May 2023

Manage your finances
End of financial year
Eofy
Finance
Instant asset write-off
Small business tax
Temporary full expensing

EOFY tax deductions for small businesses

15 May 2023

26 Apr 2023

Manage your finances
End of financial year
Finance
Financial year
Small business owners

Your EOFY tax checklist

26 Apr 2023

20 May 2022

Manage your finances
End of financial year
Finance
Small business loan
Tax compliance
Tax deductions

Business loan expenses to claim at tax time

20 May 2022

23 Sep 2019

How to make your business vehicle tax efficient | Prospa

Manage your finances
Business vehicle
Cash flow
End of financial year
Instant asset write-off
Tax

3 ways to make your business vehicle work tax efficiently

23 Sep 2019

18 Jun 2019

5 last-minute end of financial year tips| Prospa

Manage your finances
Cash flow
End of financial year
Instant asset write-off
Last-minute tax tips
Tax deductions

5 last-minute end of financial year tax tips

18 Jun 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

End of financial year

How 3 small businesses are boosting cash flow

EOFY tax deductions for small businesses

Your EOFY tax checklist

Business loan expenses to claim at tax time

3 ways to make your business vehicle work tax efficiently

5 last-minute end of financial year tax tips

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit