Small business loans to match your business needs
- Funding options up to $1M
- Fast decision and funding possible in 24 hours
- No upfront security required to access Prospa funding up to $150K
We’re big believers in small business!
Aussie small business owners believe in themselves. And at Prospa, we believe in them too. That’s why we offer a no-nonsense approach to business lending – with flexible funding solutions.
Small Business
Loan
Quick access to $5K – $500K to cover unexpected expenses or a one-off purchase.
- Fixed term up to 5 years with fixed rates
- Fast decision & funding possible in 24 hours
- No upfront security required to access Prospa funding up to $150K
- Minimum $6K monthly turnover and 6 months trading to apply
Business Loan
Plus
Larger loans above $500K and up to $1M 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 $500K in Prospa funding
- Minimum $2M 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
Why Prospa? Because we believe in small business.
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.
Flexibility
Fast application and decision, and funding possible in 24 hours on flexible options up to $1M.
Support
A dedicated Business Lending Specialist will get to know you and your business and provide a personalised solution.
Confidence
Join thousands of Aussie small businesses who thrive with the support of Australia’s #1 online lender to small business.
How it works
01
Apply online in under 10 minutes
For a loan, you'll need your recent trading figures to refer to. If you're signing up for our Business Account, have your ID documents handy.
02
Get a same-day decision
Apply for a loan and you'll get a decision within a business day - often just a few hours. We'll reach out to explain the process and answer any questions you have.
03
Access your funds
Once your loan is approved, the funds are automatically transferred and could be in your account as soon as the next business day.
01
Apply online in under 10 minutes
For a loan, you'll need your recent trading figures to refer to. If you're signing up for our Business Account, have your ID documents handy.
02
Get a same-day decision
Apply for a loan and you'll get a decision within a business day - often just a few hours. We'll reach out to explain the process and answer any questions you have.
03
Access your funds
Once your loan is approved, the funds are automatically transferred and could be in your account as soon as the next business day.
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
