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
![](/wp-content/uploads/2021/12/Hero-side-by-side-2-@2x.png)
Flexible business funding for tradies
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.
![](/wp-content/uploads/2022/12/Home_Carousel_SBL_S-2-@2x.jpg)
Prospa Small
Business Loan
Quick access to $5K – $150K to cover unexpected expenses or a one-off purchase.
- Fixed term up to 24 months with fixed rates
- 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
![](/wp-content/uploads/2022/12/Home_Carousel_BLP_S-2-@2x-1.jpg)
Prospa Business
Loan Plus
Larger loans above $150K and up to $500K to invest in your next business growth opportunity.
- Fixed term up to 36 months with fixed rates
- Dedicated Business Lending Specialist
- Upfront asset security required; charge over the applying business entity(ies)
- Minimum $1M annual turnover and 3 years trading to apply
![](/wp-content/uploads/2022/12/Home_Carousel_LoC__S-2-@2x-1.jpg)
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
- Minimum $5K monthly turnover and 6 months trading to apply
Cashflow or Growth. We could help with both!
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.
Awards, thanks to you
It’s nice to know we’re doing something right.
Year | Award | Category |
---|---|---|
2024 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Best short-term loan |
2024 | FINNIES Fintech Australia Awards | Finalist, Excellence in Business Lending |
2024 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Best SME loans less than $250K |
2024 | Great Place to Work | Recognised as one of the Top 10 Best Workplaces in Technology |
2024 | Work180 | Recognised by WORK180 as one of Australia’s top 101 workplaces for women |