Funding to help make business happen
Why Prospa?
We’re here to help make business happen with flexible lending solutions to help you grow and manage your cash flow.
Easy application
Flexible funding
Trusted lender
We’ve helped others make business happen
We're number one, thanks to you
Learn more#1
online lender to small
business in Australia
10+
years in business
65+
awards and counting
4.8/5
average Trustpilot review score
Talk to a business lending specialist
Leave your details below and one of our Business Lending Specialists will get in touch to help you find a solution that matches your needs.
FAQs
Frequently asked questions
At Prospa, your eligibility depends on a few key factors. Your business must meet our minimum criteria:
For most industries, 6 months trading history
Minimum monthly turnover of $6K
Business owner must be 18+ years
Business owner must be an Australian citizen or permanent resident
We’re here to help, so feel free to get in touch and our team will check if you qualify.
It’s easy to apply for Prospa funding via our online application..
How it works
1. Apply online in under 5 minutes – All you need is your recent trading figures to refer to
2. Get a same day decision – You get a decision within a business day – often just a few hours. We’ll also reach out to explain the process and answer any questions you have
3. Access your funds – Once your loan is approved, the funds are automatically transferred into your account, often as early as the next business day
Otherwise, if you would like to talk to a business lending specialist you can leave your details and we will be in touch with you shortly to discuss.
Yes, you can apply with Prospa for additional funds. Prospa has a range of lending solutions to match your business needs.
You can apply or leave your details and we will be in touch with you shortly.
Our standard eligibility and approval criteria will apply.
If you apply before 4pm on a business day and your application is approved, it is possible to have money in your account the next business day.
For our Prospa Small Business Loan and Prospa Business Lines of Credit, no asset security is required upfront to access up to $150K
If you continue to meet your obligations under the facility, such as payment obligations (as detailed in your contract), security will never be required. For facilities over $150K, Prospa takes security in the form of a charge over your assets.
