Business Lending

When it comes to business lending, Prospa is proud to be one of Australia’s top-rated specialist small business lenders. If you run a small business and need access to lump-sum funds, a small business loan with us could give you the quick cash flow support you need.

The main difference between Prospa and other funding providers is how we make funds for small businesses more accessible. Our goal is to make loan applications and approvals as simple as possible, so you spend less time on paperwork and more time realising your business dreams.

Smart Business Lending with Prospa

We lead the way in business lending with an established track record of helping thousands of small businesses thrive thanks to our simple and flexible lending solutions.

We understand what it’s like to run a business and all the challenges small business owners face every day. Our business lending specialists assess each case to ensure the finance we offer meets your needs. As Australia’s #1 online lender to small businesses, we are a multi-award winning, high-growth company with over 6,600 Trustpilot reviews from our customers.

Learn more about Prospa Small Business Loans.

Thrive with our business lending

When the Melbourne owners of Stoned Crystals needed funding, a Prospa Small Business Loan helped them grow their business.

Where other lenders turned them away, Prospa’s solutions helped their business soar to new heights without compromising on their business model. Stoned Crystals used the funding to pay for inventory acquisition, attend trade shows and expand the team to meet growing demand. All without relying on any external investors or spending time on unnecessary paperwork.

Where are they now? Stoned Crystals is one of the top 100 fastest growing companies in Australia.

Business Lending features with Prospa

Our SME business loan offers flexible loan options tailored to meet your needs:

  • Easy online application process with funding possible within 24 hours
  • A lump sum amount between $5,000 and $150,000
  • No asset security required upfront to access up to $150,000 of Prospa funding
  • Loan interest rates based on your business circumstances
  • Fixed loan term from 3 to 24 months
  • Fixed daily or weekly repayments
  • Early payout discount available

We can help you access funds for your business with a simple application process and fast decision-making. Apply online now at Prospa or call us on 1300 653 742 to have a chat with our business lending specialists.

How business lending helps small businesses

Small businesses make up most of all businesses in Australia, and with the right business lending, they can easily access funds.

Maybe you’ve experienced an unexpected expense or are looking to upgrade equipment or refresh your premises – this is where business lenders like Prospa can help you.

You can use a business loan for a wide range of purposes, including to:

  • Grow your business offerings
  • Buy in bulk and upfront to save money
  • Invest in new or upgraded machinery and equipment
  • Provide coverage for any expected delays in invoices
  • Manage staff and supplier payments during lulls
  • Improve your digital infrastructure
  • Renovate or refurbish your property
  • Promote your business through marketing

Are you eligible for Prospa’s small business loan?

With Prospa, you will experience a quick easy process when you apply for a small business cash loan.

To be eligible to apply for a small business loan you must:

  • Be an Australian citizen or permanent resident
  • Be over the age of 18 years
  • Own an Australian business with a valid ABN/ACN
  • Demonstrate 6 months of trading for a new business (or 3 months if purchasing an existing business) with a minimum monthly turnover of $5,000

Loans under $150,000 will require a driver’s licence and BSB and account number.

For loans above $150,000, some additional documents required for business loans such as basic business details like monthly sales, trading time and proof documents wmay be required.Should there be further requirements, our business lending specialists will be in touch with you.

Get started

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.

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Fast application and decision, and funding possible in 24 hours on flexible options up to $500,000.

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A dedicated Business Lending Specialist will get to know you and your business and provide a personalised solution.

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Join thousands of Aussie small businesses who thrive with the support of Australia's #1 online lender to small business.

Or call us at 1300 882 867. Our team is available to support you.


Business lending is one way of securing funds for small businesses that need help paying for planned and unexpected expenses. Online business lenders like Prospa offer flexibility, which means they provide business loans for small businesses that may not otherwise qualify.

The amount you can borrow through business lending will depend on your business circumstances. Our business lending specialists will evaluate your application and determine whether a business loan is suitable for you and, if so, the maximum amount you can be approved to borrow.

Ultimately, you decide how much you want to borrow within the maximum approved amount.

There are no hidden fees or charges associated with a Prospa Business Loan, as long as you make your repayments on time. The repayment amount and interest will vary depending on your industry, how long you’ve been in business, as well as its overall health. Our business lending specialists will clearly discuss all information, including business loan rates, terms and conditions, so you always know where you stand.

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