Small Business Loans
Prospa is Australia’s #1 small business lender offering fast small business loans QLD for local businesses around the state and across the country. We provide a fast and simple online application process. There’s no unnecessary paperwork or lengthy delays. You could have approval within the hour of submitting your online application for approved customers.
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
Prospa’s Small Business Loans for local QLD businesses have already helped thousands.
Here at Prospa, we have helped thousands of businesses already and maintained a 4.8/5 TrustScore. Over 29,400 happy customers have made their start on commercial renovations, built or expanded stock and inventory levels, updated existing equipment or broadened business capital and assets with our help. What could we help you to achieve?
Our strong client focus is what really helps you to achieve your business goals as we have done for businesses in Brisbane and across Australia. Unlike the big banks and lenders, our lending options are flexible and tailored to help you get the most out of your finance. There are no penalties for early payouts and we provide flexible cash flow friendly repayment terms to help you build on your success and keep your business steadily growing.
Short term business loans are available for 3 – 36 months and you can borrow between $5K and $150K. No asset security required upfront to access Prospa funding up to $150K and funding possible in 24 hours.
Start your application today or call to speak to one of our small business lending experts about what sort of options you might have.
Prospa. Funding solutions to match your business needs
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
Confidence
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 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 |
