Business Finance
Thinking about getting finance for your business? Whether you’re buying equipment or looking to support your cash flow, Prospa offers fast business finance solutions to match your needs.
- Borrow from $5K to $500K
- 12 – 36 month loan terms
- Funding possible in 24 hours
- No property security required upfront to access
Prospa funding up to $150K


Small Business
Loan
Quick access to $5K – $150K to cover unexpected expenses or a one-off purchase.
- Fixed term up to 3 years with fixed rates
- Fast decision & funding possible in 24 hours
- No asset security required upfront to access Prospa funding up to $150K
- Minimum $6K monthly turnover and 6 months trading to apply

Business Loan
Plus
Larger loans above $150K and up to $500K to invest in your next business growth opportunity.
- Fixed term up to 5 years with fixed rates
- No credit checks to see if you are eligible
- Security may be required when accessing over $150K in Prospa funding
- Minimum $1M annual turnover and 3 years trading to apply

Line of Credit
Ongoing access to up to $500K 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 $6K monthly turnover and minimum 2 years trading history to apply
Need finance for your business? Talk to Prospa
How do I obtain finance for a small business? It’s a question many business owners ask themselves when they are starting out or when they want to take their business further along the growth and expansion pathway. Unfortunately, it isn’t always easy – especially if the business doesn’t have any equity or doesn’t have several years of trading history.
With Prospa, we offer business finance options that are especially designed with small businesses in mind – to help them grow and to get them through tough spots. As Australia’s #1 online lender to small business we have helped more than 29,400 clients with over $1.65 billion in short term business finance.
Why Prospa?
It’s today’s way to borrow. 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.
Choice
Borrow up to $500K with 10 minute application, fast decision and funding possible in 24 hours.
Support
Talk to real people. Business Lending Specialists who are focused on getting you what you need, sooner.
Confidence
Thousands of small businesses have borrowed from Prospa so far.
You could benefit too.
What could you do with business finance?
Being able to raise finance may be a key part of a business’s plan for strategic growth. A business may need a lump sum to invest in an expansion, or easy and continuous access to funds to support working capital.
Prospa has a small business finance solution for both these scenarios – so talk to us today. What could your business do with some additional finance?
Business finance can help with
- Renovations
- New equipment
- Advertising and marketing
- Buying stock in bulk
- Paying wages
- Covering invoice gaps
- Upgrading IT equipment
- Much more
Customers making it happen with a Prospa loan
Read Customer StoriesFAQs
Business Finance FAQs
We are Australia’s #1 online lender to small business and we can help. Our dedicated customer support team will understand your business and find a finance solution to suit your needs. We work with Australian small business owners from NSW to QLD, Victoria to WA and everywhere in between.
Unlike traditional lenders, we don’t require the usual pages of reports, financial statements and business plans when you apply. Instead, we offer a quick online application with a fast decision and funding possible in 24 hours. Minimum trading history applies, your ABN and a drivers licence to get started.
If you’re concerned about being baffled by banking jargon, we’ve simplified our loan application process so there’s no more complex terminology around cash flow, low interest loans, fixed rate loans versus variable rates, the loan term, terms and conditions and whether you are in a position to refinance in the future. It’s simple and easy to understand.
With Prospa, you’ll have a clear understanding of what’s expected, how much your weekly repayments will be and when they’ll be due.
Call 1300 882 867 to get started on your business loan application today.
For funding up to $150K you will need 6 months bank statements. And instead of having to submit pages of bank statements, you can connect to your bank account so we can instant assessment your financials.
For funding over $150K we’ll require additional financials like a P&L statement, as well as your ATO portal.
Use our loan calculator to see how much you can afford to borrow.
Some commercial loans require a deposit. And while you don’t need a deposit to apply for funding with us, however it is a good idea to have a clear understanding of all of your finances before you apply.
It’s OK if you don’t have pages and pages of financial analysis to reference. We understand that small business operators are up against it and often struggle to keep up with the paperwork.
Other questions?
Awards, thanks to your support
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 |