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Infographic: 5 trends shaping food service businesses
Some insights to kick start some thoughts about how you can stay relevant in a rapidly changing hospitality industry in Australia.
Published by Ruly Zahri | 19 NOVEMBER 2018
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- 3 years minimum trading history applies
- Over $6K monthly turnover
- Active ABN and valid driver’s licence
- Good credit history
- Minimum 2 years trading history
- Over $6K monthly turnover
- Active ABN and valid driver’s licence
- Good credit history
- 6 months minimum trading history applies
- Over $6K monthly turnover
- Active ABN and valid driver’s licence
- Good credit history
- 3 years minimum trading history applies
- Over $6K monthly turnover
- Active ABN and valid driver’s licence
- Good credit history
- Minimum 2 years trading history
- Over $6K monthly turnover
- Active ABN and valid driver’s licence
- Good credit history
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No upfront security for up to $150K in Prospa funding
No upfront security for up to $150K in Prospa funding
Upfront property security required
No upfront security for up to $150K in Prospa funding
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From $5K to $500K
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From $2K to $500K
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Both products are
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Both products are
Up to 5 years
Both products are
Up to 5 years
2 years, with option to renew
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Both products do not require Asset security
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Both products do not require Asset security
Fixed interest rate
Fixed interest rate
Both products do not require Asset security
Interest calculated on the funds you use, not on the limit.
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Both products can be repaid in a
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full loan amount as a lump sum
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Both products can be repaid in a
Receive your
full amount as a lump sum
Both products can be repaid in a
Receive your
full loan amount as a lump sum
Use and reuse as often as you like during the 24 month renewable term
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Both products can be repaid
Weekly
Both products can be repaid
Weekly
Both products are repaid weekly
Only pay interest on what you use + weekly service fee 0.046%
Both products can be repaid
Weekly
Both products can be repaid
Weekly
Both products are repaid weekly
Only pay interest on what you use + weekly service fee 0.046%
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Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
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No
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No
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