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Hiring

All ⁹
Growing your business ⁷
Manage your finances ¹
Operating your business ¹

26 Dec 2023

Growing your business
Business planning
Expansion plans
Hiring
Infographic
Recruitment
Small business research

Infographic: How businesses are planning for 2024

26 Dec 2023

11 Nov 2022

Growing your business
Hiring
Recruitment
Small business owners

How to build a high-performing team

11 Nov 2022

07 Mar 2022

Operating your business
Data
Hiring
Pivot
Resources

Business lessons from film and television

07 Mar 2022

16 Dec 2020

Manage your finances
Budget
Cash flow
Hiring
Investments
Invoices
Technology

New year, new you: Set your business up for financial success in 2021

16 Dec 2020

22 Oct 2020

End of year hiring tips for small business | Prospa

Growing your business
Eoy
Hiring
Recruitment
Staffing

Hiring end of year staff: 5 things to consider

22 Oct 2020

20 Nov 2019

The differences between casual and temp staff | Prospa

Growing your business
Employment
Eoy
Hiring
Staffing

Extra hands on demand: The differences between casual and temp staff

20 Nov 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

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

Apply now Read more

Apply nowRead more

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Hiring

Infographic: How businesses are planning for 2024

How to build a high-performing team

Business lessons from film and television

New year, new you: Set your business up for financial success in 2021

Hiring end of year staff: 5 things to consider

Extra hands on demand: The differences between casual and temp staff

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit