Small Business Loans
Prospa is the #1 small business investor providing over $1.65 billion in Australian small business finance and business loans Perth. Our dedicated team of lending experts provide local client-focused customer service for business loans Perth. We aren’t like the big banks. We focus on the small businesses providing locals with the support they need to really grow. Business loans Perth start at just $5K and are available up to $150K with no security needed on loan amounts up to $150K.
What does your local Perth business really need to succeed? Putting your business first is Prospa’s promise to our clients. We tailor our finance solutions to your individual business so you can concentrate on reaching your financial goals. We don’t impose penalties for paying out your loan amount early and your personal lending specialist will ensure that your repayments remain cash flow friendly so keeping your business growing remains your top priority.
We have maintained our 4.8/5 TrustScore by ensuring what you need is our top priority.
Let us help you build your Perth business to where you really want it to be. How could Prospa help your business to prosper?
- Hardware Upgrades – let us help you get the latest in technological solutions and labour saving innovations
- New and used vehicles – need a new business vehicle? Branching out or now providing deliveries?
- Kitchen appliances – moving your café to the next level? Get that new coffee machine
Whatever your local business needs, Prospa is here to help you get it. Apply online today with our quick and simple online form. You’ll receive your approval within the hour and once approved funds are usually released within 24hrs or the next business day.
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
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 |
