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Hospitality

All ¹³
Growing your business ⁴
Small business inspiration ³
Manage your finances ³
Day to day hustle ²
Operating your business ¹

28 Aug 2025

Growing your business
Manage your finances
Finance
Guide
Hospitality
Prospa Small Business Loan

How fast can you get a business loan in 2025?

28 Aug 2025

06 Jun 2025

Small business owner working on a sewing machine supported by Prospa funding

Manage your finances
Building and trade
Hospitality

Borrow before or after EOFY? How to make the right call

06 Jun 2025

08 May 2025

Small business restaurant in action, showing how cash flow enables daily operations

Growing your business
Cash flow
Hospitality

Strengthen cash flow and unlock growth in your hospitality business

08 May 2025

04 Apr 2023

Day to day hustle
Credit cards
Hospitality
Loyalty
POS
Retail

How to choose a POS system

04 Apr 2023

22 Jul 2022

Growing your business
Manage your finances
Small business inspiration
Cash flow
Customer story
Customer success story
Hospitality
Small business growth
Small business loan
Video

Smokin Hot ‘N Saucy Barbecue and its expansion was thrown a lifeline by Prospa

22 Jul 2022

15 Jul 2022

Operating your business
Customer success story
Hospitality
Small business growth
Small business loan
Video

How Prospa helped a family restaurant chain through challenging times

15 Jul 2022

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

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

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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Call us on 1300 882 867

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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

We’ve received your details.

We’ll be in touch soon. In the meantime, get a head start with a few business questions.

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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

What can we assist with?

Business Loan

Line of Credit

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Categories

Content types

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Inside Prospa

Hospitality

How fast can you get a business loan in 2025?

Borrow before or after EOFY? How to make the right call

Strengthen cash flow and unlock growth in your hospitality business

How to choose a POS system

Smokin Hot ‘N Saucy Barbecue and its expansion was thrown a lifeline by Prospa

How Prospa helped a family restaurant chain through challenging times

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit