Flexible business
funding solutions

Australia’s #1 online lender to small business

Call 1300 964 808 Submit a Scenario

What could your SME clients
be doing by this time tomorrow?

With Prospa’s fast application and decision, this time tomorrow you could have helped your SME clients organise the funds they need for growth or working capital.
So introduce them to a lender that treats them like they really matter.

Aussie small business owners appreciate Prospa’s flexible solutions with approved funding possible in 24 hours and repayment options that work with their business cash flow. Plus there’s no asset security required upfront to access Prospa funding up to $150K.

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Prospa Small Business Loan

A lump sum of $5K – $150K over terms up to 24 months to cover unexpected expenses or a one-off purchase. Fast decision and funding possible in 24 hours. Set repayments with an early repayment discount available. No upfront asset security required to access Prospa funding up to $150K.

► How it works
Submit a scenario
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Prospa Plus Business Loan

Larger loans of $150K – $500K to invest in a business growth opportunity or one-off expense. Express path with minimal documentation up to $250K. Pre-approval without credit check available for loans of $250K or greater. Direct access to credit team for a truly premium experience.

Submit a scenario
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Flexible Line of Credit

A great product providing business owners with ongoing access to funds up to $150K to help manage current and future cash flow fluctuations. Useful to cover unpaid invoices or to pay staff and suppliers. Plus, your clients only pay interest on the funds they use while they use them.

► How it works
Submit a scenario
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Prospa’s Award-winning service

Our BDMs and team of business lending specialists go the extra mile to understand your clients and their businesses – and look to say ‘yes’ more often. Be involved as much or as little as you choose, and stay informed of your client’s progress throughout the journey. Australia’s #1 online lender to small business.

Meet the team

Our flexible funding solutions support customers in many ways – find out how!

Purely Curls Video

Flexibility: More than just the numbers

Trusted relationships breed a win-win

Proprietors of Adelaide’s ‘Fish Out of Water’ wanted to diversify into a dessert bar. A conversation with their trusted broker and a whole lot of confidence in their plans put them on the path to Prospa – and their dreams became reality.

“It was less about throw your numbers on the table, it was more about how can we help you achieve your dream.” – Chris, Fish Out of Water & Cupkates Desserts

Purely Curls Video

Flexibility: Fast access to funds

A revenue boost takes determination

Prospa’s personal approach and fast turnaround were key to this Queensland-based niche hair salon getting the funding to boost stock levels on their online store. The result of the stock boost? An increase in revenue of around 15%.

“We are confident that Prospa has been there for us when we’ve needed them to help with the expansion so we are confident they’ll be there in the future.” – Amanda, Purely Curls

Beach Almond Restaurant Video

Flexibility: A personalised approach

Diversifying with attitude

By really getting to know what the business was trying to achieve Prospa was happy to help with funding for expansion. The result? A fresh funky bar, offering a whole new dining experience to customers.

“We chose Prospa over a traditional bank because they understand what it’s like to be a small business competing in a very competitive world.” – Brian, Beach Almond Restaurant

Small Business Insights:
Recent funding trends

Confidence continues to build with 93% of SMEs expecting to recover within the next two to three years. As a result, we’ve seen a steady increase in the appetite for lending, in fact 1 in 4 SMEs intend to take up funding*. But what are they using the funds for?

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Investing in business growth strategies

  • 49% Investing in emerging tech & software
  • 46% Hiring new and more skilled employees
  • 43% Expanding into new geographies
  • 42% Add sales channels
  • 32% Investing in equipment or machinery
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Manage BAU working capital constraints

  • Cover cash flow gaps due to late invoice payments
  • Pay staff
  • Buy stock
  • Manage changes to wholesale trade terms from 30/60 days to COD or cash-up-front

*Source: https://www.prospa.com/about-us/in-the-news/study-reveals-smes-recover-2021

Engage clients and build your business. It’s easy!

With a full suite of marketing material at your fingertips, it’s never been easier to build your client base. Contact your nearest BDM to get started.

Go to resources page

Ready to support your small business clients?

Log into the Prospa Partner Portal to submit a lead.

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Alternatively, Submit a loan scenario, call 1300 964 808 or find your BDM

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1 The information in this post is provided for general information only and does not take into account your personal situation. Nothing contained in this post constitutes advice or an endorsement or recommendation of any kind by Prospa.