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Video

All ³⁷
Small business inspiration ²⁶
Manage your finances ⁵
Growing your business ³
Operating your business ²
Day to day hustle ¹

27 May 2022

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

How this mobile laundry service grew tenfold over the past two years

27 May 2022

24 May 2022

Growing your business
Manage your finances
Small business inspiration
Cash flow
Customer story
Customer success story
Line of credit
Small business growth
Small business loan
Video

How this luxury dog accessories business increased turnover by more than 200% in a year

24 May 2022

13 May 2022

Operating your business
Small business inspiration
Customer story
Customer success story
Small business loan
Video

How this entrepreneur pivoted her wedding stationery business and found new opportunities

13 May 2022

08 Mar 2022

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

How this bike company survived the pandemic by adding new revenue streams

08 Mar 2022

28 Sep 2021

Small business inspiration
Cash flow
Customer story
Small business growth
Video

How Crazy Nonna has powered through lockdowns with great Italian cuisine

28 Sep 2021

09 Jul 2021

Small business inspiration
Customer story
Growth
Line of credit
Small business loan
Video

No animals (or chefs) harmed: How Brad built two vegan food brands

09 Jul 2021

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

Business Loan Plus
Small Business Loans
Line of Credit

Select Product #2

Business Loan Plus
Small Business Loans
Line of Credit

Best for when you need

Funds for bigger plans

Fast access to funds

To build cash flow confidence

Funds for bigger plans

Fast access to funds

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

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 $150K to $500K

From $5K to $150K

From $2K to $500K

From $150K to $500K

From $5K to $150K

From $2K to $500K

Loan term

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

2 years, with option to renew

Interest

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

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 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

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

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Video

How this mobile laundry service grew tenfold over the past two years

How this luxury dog accessories business increased turnover by more than 200% in a year

How this entrepreneur pivoted her wedding stationery business and found new opportunities

How this bike company survived the pandemic by adding new revenue streams

How Crazy Nonna has powered through lockdowns with great Italian cuisine

No animals (or chefs) harmed: How Brad built two vegan food brands

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit