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Marketing

All ⁴²
Growing your business ²⁷
Day to day hustle ¹²
Manage your finances ²
Operating your business ¹

03 Mar 2024

Operating your business
Marketing
Small business branding
Social media

5 essential branding tips for small businesses

03 Mar 2024

15 Dec 2023

Day to day hustle
Guide
Marketing
Small business marketing
Social video

7 tips for social media marketing success

15 Dec 2023

03 Nov 2022

Day to day hustle
Marketing
Small business owners
Staffing

How 6 Aussie small businesses plan to grow revenue in 2023

03 Nov 2022

14 Jun 2022

Growing your business
Business strategy
Marketing
Supply chain disruptions

Q&A: The changes Sweet Bakes is making to face the challenges of 2022

14 Jun 2022

24 Jan 2022

Growing your business
Business podcasts
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Pricing

6 podcasts business owners are listening to now (+2 they should be)

24 Jan 2022

21 Jan 2022

Growing your business
Resources
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Father's day
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Valentine’s day

The essential small business event calendar 2022

21 Jan 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

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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Marketing

5 essential branding tips for small businesses

7 tips for social media marketing success

How 6 Aussie small businesses plan to grow revenue in 2023

Q&A: The changes Sweet Bakes is making to face the challenges of 2022

6 podcasts business owners are listening to now (+2 they should be)

The essential small business event calendar 2022

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit