Invoice finance
With Prospa’s support you can concentrate on finding and expanding new business opportunities. We help small businesses by offering easy invoice finance alternatives and providing your accounts with the funds you need within 24hrs of your approved application. All of our finance products are available online so it’s quick and easy to apply, get approved and get the funds you need.
Working with your accounting software, we receive an accurate picture of your business financials instantly and offer products which can either loan the value of the invoices you have currently outstanding, or by discovering new and alternative small business finance options which give you more flexibility to expand and consolidate your growth opportunities. We ensure that your data is kept secure with bank-level encryption and we never share your information with third parties.
Our customers rely on us to help them grow. We won’t slow you down with additional paperwork or lengthy delays.
You may be familiar with invoice factoring products on offer from other business finance providers. With Prospa, our products advance your business 100% of the funds that your accounts need, when you need them. With easy repayment options which work with your business, Prospa assists your business health by maintaining the cash flow you need to optimise your accounts management.
If you think your business could benefit from one of our finance options, then chat with a consultant online today. Our team can help you reach the best finance product available for your small business. Join over 29,400 customers we have already helped and grow your business with Prospa.
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Prospa Small Business Loan
- Borrow from $5K up to $150K as a lump sum over a fixed term of up to 36 months.
- Minimum $6K monthly turnover and minimum trading history periods apply.
- Great for managing cash flow, buying stock and equipment, or covering unexpected expenses.
Prospa Business Loan Plus
- Borrow from $150K up to $500K as a lump sum over a fixed term of up to 36 months.
- Minimum $1 million annual turnover and 3 years trading to apply.
- Often used for funding growth, renovations and refits, or equipment purchases.
Prospa Business Line of Credit
- Get ongoing access to funds up to $150K and only pay interest on the funds you use.
- Minimum $6K monthly turnover and minimum trading history to apply.
- Ideal for managing cashflow and unexpected expenses.
Prospa Small Business Loan
- Borrow from $5K up to $150K as a lump sum over a fixed term of up to 36 months.
- Minimum $6K monthly turnover and minimum trading history periods apply.
- Great for managing cash flow, buying stock and equipment, or covering unexpected expenses.
Prospa Business Loan Plus
- Borrow from $150K up to $500K as a lump sum over a fixed term of up to 36 months.
- Minimum $1 million annual turnover and 3 years trading to apply.
- Often used for funding growth, renovations and refits, or equipment purchases.
Prospa Business Line of Credit
- Get ongoing access to funds up to $150K and only pay interest on the funds you use.
- Minimum $6K monthly turnover and minimum trading history to apply.
- Ideal for managing cashflow and unexpected expenses.
Why Prospa? It’s today’s way to borrow.
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.
Choice
Borrow up to $500K with 10 minute application, fast decision and funding possible in 24 hours.
Support
Locally focused BDMs backed by a team of dedicated Business Lending Specialists who get to know your client's business.
Confidence
How our customers have put their funds to work
Read customer stories
Awards, thanks to your support
It’s nice to know we’re doing something right.
| Year | Award | Category |
|---|---|---|
| 2023 | FINNIES | Finalist, Excellence in Business Lending |
| 2023 | FINNIES | Finalist, Best Workplace Diversity |
| 2023 | MFAA | Finalist, State Fintech Lender of the Year |
| 2022 | Work180 | Endorsed Employer |
| 2022 | Great Place to Work | Certified |
