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By Danielle Azar
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Do I qualify for a Business Line of Credit?

You can apply for a Prospa Line of Credit if you: are an  Australian Citizen (or permanent resident) are over 18 years, own an Australian business (with a valid ABN/ACN) can demonstrate 6 months [...]

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By Danielle Azar
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How do I pay back the Line of Credit?

When you draw down on your Line of Credit, we will set up an automatic repayment schedule with set weekly repayments over 12 months. The weekly repayment will comprise interest and a portion of [...]

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By Danielle Azar
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How long is my Line of Credit available?

Your Line of Credit will be available for a period of 12 months provided you make a draw down within the first 4 weeks. If you wish to extend your Line of Credit beyond this 12–month [...]