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
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.
Prospa Small
Business Loan
- Borrow from $5K up to $150K as a lump sum over a fixed term of up to 36 months.
- Minimum $6K monthly turnover and minimum trading history periods apply.
- Great for managing cash flow, buying stock and equipment, or covering unexpected expenses.
Prospa Business
Loan Plus
- Borrow from $150K up to $500K as a lump sum over a fixed term of up to 36 months.
- Minimum $1 million annual turnover and 3 years trading to apply.
- Often used for funding growth, renovations and refits, or equipment purchases.
Prospa Business
Line of Credit
- Get ongoing access to funds up to $150K and only pay interest on the funds you use.
- Minimum $6K monthly turnover and minimum trading history to apply.
- Ideal for managing cashflow and unexpected expenses.
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.
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.
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Awards, thanks to you
It’s nice to know we’re doing something right.
| Year | Award | Category |
|---|---|---|
| 2024 | Work180 | Recognised by WORK180 as one of Australia’s top 101 workplaces for women |
| 2023 | Great Place to Work | Recognised as one of the Top 20 Best Workplaces |
| 2023 | Great Place to Work | Certified |
| 2023 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, SME under $250K Loan of Choice |
| 2023 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, SME over $250K Loan of Choice |
