Business Loans Victoria

Growth drives Victoria’s businesses. That’s why Prospa helps you seize every opportunity with confidence.

Apply in minutes Check eligibility

No upfront security to access up to $150K

No credit check to see if you are eligible

A person standing outdoors in casual workwear beside a smartphone screen displaying a small business loan dashboard with repayment progress and recent transactions.

Borrow from $5K to $1M
Funding possible within hours

Flexible terms
Make unlimited extra repayments to save on interest and pay off your loan faster

Minimal paperwork
No lengthy forms or stressful processes, so you can get back to running your business

Fast Approvals
Once we have all your necessary application details, we can provide a decision in as little as one business day.

Manage anytime, anywhere
Manage cash flow on the go with the Prospa App or Prospa Online.

Easy application
Apply online in under 10 minutes, with no credit checks to see if you’re eligible.

Calculate your repayments

Our calculator will help you estimate how much you’ll pay per week based on the amount you borrow for a Business Loan or Line of Credit.

See full T&Cs

How much would you like to borrow?

Please enter an amount between $5,000 and $500,000.

What is the loan term?

Unfortunately, we only currently offer loan terms longer than 3 years for amounts greater than $150,000.

How much would you like to access?

A valid loan amount ($5,000 - $500,000) is required

How much do you expect to draw down?

Your repayment breakdown

Weekly repayment	$0
Payback amount	$0
Loan Term	$0
Number of repayments	$0

Why Prospa?

Prospa makes securing a small business loan simple and stress-free for Victorian businesses. Apply online in minutes and access up to $1M in business funding. Enjoy fast approvals, flexible repayment options, and no upfront security required for loans up to $150K.

With Prospa, you get a trusted partner committed to helping Victorian businesses thrive.

How it works

Apply in minutes

Minimal paperwork and no upfront security required to access up to $150K.

Get a fast decision

We’ll call you to explain the process and answer any questions

Access your funds

Receive your funds within less than an hour from signing your loan documents

Why a VIC Business Loan?

Strong cash flow management is vital for keeping your operations running smoothly, and a business loan can give Melbourne businesses the stability they need during busy or quiet periods.

By accessing a small business loan, you can confidently cover wages, supplier invoices, or unexpected expenses without interruption. With funding available in just hours, you can trust Prospa to provide the right business loan to help strengthen your cash flow and support long-term success.