NEWS: Construction set to take off

Flexible funding solutions to help you:

  • Get on top of cash flow up front
  • Optimise tech to increase efficiencies
  • Invest in new approaches and differentiate

Apply Now Talk to a specialist

Flexible business funding for tradies

Tired of the see-saw, balancing act of running a business? With Prospa, this time tomorrow you could be back on the tools doing what you love rather than stewing over the admin.

That’s right, with our flexible funding solutions, you can apply for up to $500K online in 10 minutes, and, if approved, have the funding in your account in just 24 hours.

Plus, approved loans also come with the option of no repayments for the first 4 weeks to help you focus on the here and now. (Term will be extended and interest will accrue from the settlement date to the end of the term).

Prospa Small Business Loan

Quick access to $5K – $150K to cover unexpected expenses or a one-off purchase.

  • Term up to 24 months
  • Fast decision & funding possible in 24 hours
  • No asset security required upfront to access Prospa funding up to $150K
  • Minimum $5K monthly turnover and 6 months trading to apply
Learn more

Prospa Plus Business Loan

Larger loans of $150K – $500K to invest in your next business growth opportunity.

  • Term up to 36 months
  • Dedicated Business Lending Specialist
  • Upfront asset security required
  • Minimum $1M annual turnover and 3 years trading to apply
Learn more

Prospa Business Line of Credit

Ongoing access to up to $150K to keep your business moving.

  • Renewable 24 month term
  • Fast decision and funding possible in 24 hours
  • Only pay interest on what you use
  • Access funds 24/7 with the Mobile App
Learn more

Talk to a business lending specialist

Leave your details below and one of our Business Lending Specialists will get in touch right away to discuss how Prospa could help keep your business moving with the funds you need.

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Cashflow or Growth. We could help with both!

As a tradie, you know that cash flow can play a vital role in your business’s day-to-day. Then there are the times you might need funds to take business up a notch. Talk to Prospa.

Whether you’re on the tools or managing others who are, this time tomorrow you could have a flexible funding solution suited to your business’s needs – whatever they may be.

Cover cash flow gaps. Keep everything moving when billing and client payments don’t quite line up.

Upgrade vehicles and equipment. Avoid forced downtime due to equipment failure by staying on top of your maintenance.

Keep your suppliers on side. Maintain the reputation that you always pay your contractors and suppliers on time.
Stock up. Make sure you’re prepared well in advance for upcoming jobs with everything you need on hand.

Put yourself out there. Marketing and advertising are an important part of lining up new contracts, so it’s best done right.

And more. Having hassle-free access to funding can help give builders and tradies the freedom to move quickly.

Resources for Builders and Tradies

Want to broaden your customer base? Need tips on chasing invoices?
Get a taste of how other businesses tackle challenges and opportunities across a range of industries.

Visit our Blog or subscribe to our Newsletter.

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Quick access to finance allowed commercial tiling business, On Time Developments, to say ‘yes’ to growth opportunities that presented during COVID-19.

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“I wish someone had told me that”: Anders Bence, Hydraflow Plumbing

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Why Prospa? Because we believe in small business.

No more compromising or missed opportunities with Prospa by your side. With hassle-free application, this time tomorrow you could have access to funds for growth and cash flow support. It’s just what we do.

We’re Australia’s #1 online lender to small business.

Get in touch today.

Apply now

“We needed a back-up plan to keep things running with the business and to help pay suppliers while we dealt with an insurance claim. The line of credit helped us out in our time of need.”

Frank Malone
Karinya Diesel Services, QLD

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Fintech Australia Prospa

Things you should know: No repayment period available to approved customers who settle a new or refinanced Prospa Small Business Loan or Prospa Plus Business Loan. Approved customers can elect to take an optional initial no repayment period of between 1 to 4 weeks from the loan settlement date, during which interest will accrue but no repayments will be required. Total loan repayment term will be extended by the time equal to the selected no repayment period (1 to 4 weeks) and interest will accrue from the loan settlement date until the end of the term. Interest that accrues on the loan during the no repayment period is capitalised and included in the total interest expense, and forms part of the regular fixed daily or weekly principal and interest repayments due on each payment date following the end of the no repayment period. Not available to refinance an existing Prospa loan that is within a no repayment period at the time of application. Product settings may be amended or withdrawn without notice.