Prospa offers a range of flexible business borrowing solutions to support small Aussie businesses to increase their working capital and finance their futures.

We understand that every business runs differently. Our small business loans can support everything from refits to remittances, and loan terms are structured around your business’ needs and cash flow – not ours.

With our flexible repayment plans and interest rates based on your business circumstances, we make sure your money is working hard for you, not the other way around.

Find out more about Prospa and apply now to support your business and watch it prosper.

Smart, simple business lending

Our customers come from just about every industry, but they all share one thing in common: they’re leveraging our simple, flexible business borrowing solutions to achieve their goals.

We offer a range of business lending options to help make your business dreams a reality, starting with small business loans from $5K to $150K with no upfront asset security required to access Prospa funding up to $150K.

With quick applications, fast decision-making and access to your business loan funds possible in 24 hours, it’s no wonder we’re recognised as Australia’s #1 online business lender to small business. With over 6,600 trusted reviews from satisfied business owners, you can see for yourself how many customers we’ve helped.

So whether your small business is currently set to ‘survive’ or ‘thrive’ mode, apply for a business loan today and watch your company prosper with Prospa.

Supporting business diversity in the face of financial adversity

The owners of a successful boutique hotel in New Zealand decided to establish a beautiful Asian seafood restaurant in Queensland.

Faced with some day-to-day challenges, they sought help from a lender that understood not only the challenges of small business ownership, but also the difficulties of surviving in a regional economy.

Thanks to a Prospa business loan, they got the support they needed to establish Beach Almond Restaurant and better manage seasonal cash flow fluctuations. While they had never anticipated going into the restaurant business, they recognised the potential their chosen FNQ property offered for a fresh, seasonal dining experience while also supporting the local seafood trade.

With the help of Prospa’s flexible business funding solutions, they’ve now turned their entrepreneurial dreams into reality, happily serving their growing customer base.

Simple, Smart, Small Business Borrowing

The Prospa Small Business Loan has been designed with our customers in mind.

We know many small business owners don’t have time to waste on lengthy or complex applications – especially if you’re experiencing financial stress. We also know you need flexible repayment options and simple, sophisticated, easy-to-use tools to manage your money on the move.

That’s why we offer:

• Small business loans between $5K to $150K
• No upfront asset security required to access up to $150K of Prospa funding
• Funding possible within 24 hours
• Fixed loan terms between 3 to 36 months
• Flexible payment conditions and early payout discounts
• Competitive business loan interest rates tailored to your business
• 24/7 access to your account via the Prospa mobile app and customer portal

To find out what smart business borrowing can do for you, apply now.

What can I use my Prospa small business loan for?

You can use your Prospa business borrowing for a wide range of purposes related to your business.

Some customers choose to take out a small business loan to renovate their premises, repair or purchase new equipment, or grow their business to reach new audiences by funding marketing campaigns or building a new website.

Others use their Prospa funds to pay staff or suppliers if a client or customer is late paying their invoice. Whatever your needs, a Prospa small business loan can help you cover unexpected – or expected – expenses with ease.

How do I qualify for Prospa Business Borrowing?

To be eligible to borrow business funding from Prospa, you’ll need:

• an active ABN/ACN and a business bank account
• to demonstrate that your monthly turnover is greater than $5K
• to provide us with a minimum of six months of trading history.

Handy hint: as part of the application process, we’ll also need to verify your identity, so make sure you’ve got your driver’s licence handy when you start your application.

Talk to Australia’s #1 online lender to 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.