Small business loans to
match your business needs

Mozo partners with Prospa to help your business grow

  • Apply with minimum 6 months trading
  • Borrow up to $300,000
  • Funding possible in 24 hours
  • OFFER: No repayments for the first 8 week


Things you should know

Let's get started

We know your time is valuable. Simply complete the form below, for a quick obligation free discussion with a lending specialist.

Thank you for your interest in Prospa.

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 a great limited-time EOFY offer.

Take out a business loan and make no repayments for the first 8 weeks. Get a bit of breathing space now, and we’ll extend your loan term at the other end (interest will accrue from the settlement date to the end of the term). Offer ends 30 June 2021, so don’t miss out!

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Small Business Loan

Quick access to a lump sum to cover one-off expenses or invest in your business.

  • Borrow between $5,000 and $300,000
  • Fixed term between 3 and 36 months
  • Flexible repayments and early payout available
  • Fast decision and funding possible in 24 hours
  • Minimum 6 months trading to apply
  • Interest rates based on your business circumstances
  • OFFER: No repayments for the first 8 weeks (interest accrues from settlement date to end of term)
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Business Line of Credit

Money on demand to cover unexpected cash flow gaps and keep your business moving.

  • Facility limit between $2,000 and $150,000
  • Renewable 24-month term
  • Only pay interest on what you use
  • Fast decision and funding possible in 24 hours
  • Minimum 6 months trading to apply
  • Interest rates based on your business circumstances

Prefer to speak to someone?
Call us on 1300 882 867 and we can help you get started

Why Prospa? Because we believe in small business.

No more compromising or missed opportunities with Prospa by your side. Apply to access funds for growth and cash flow support in a fraction of the time and without all the fuss. It’s what we do.

Australia’s #1 online lender to small business.

“Prospa has been there for us when we needed help with expanding our business, and we feel confident that they’ll be there to help us in the future.”

Amanda Rickman
Purely Curls, QLD

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How it works

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Check if you qualify

If your monthly turnover is more than $6,000 and you have over 6 months trading history, you’re ready to go.

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Apply in 10 minutes

You need an active ABN, business bank account details & driver licence details (plus business financials for loans over $150,000).

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Get back to business

With funding possible in 24 hours, no repayments for the first 8 weeks for a limited time and 24/7 access via the Prospa Mobile App and Customer Portal.

Ready to apply?

Get started now, or speak to a Business Lending Specialist on 1300 882 867.

Get Started

Things you should know: No repayment period offer available to new and existing approved customers on a new or refinanced Prospa Small Business Loan settled between 3 May and 30 June 2021 (inclusive). Approved customers can elect to take an optional initial no repayment period of between 1 to 8 weeks, during which interest will accrue but no repayments will be required. Total loan repayment term will be extended by the time equal to the selected no repayment period (1 to 8 weeks) and interest will accrue from the loan settlement date until the end of the term. Interest that accrues on the loan during the no repayment period is capitalised and included in the total interest expense, and forms part of the regular fixed daily or weekly principal and interest repayments due on each payment date following the end of the no repayment period. Offer only available to businesses established and operating in Australia. Offer not available to refinance an existing Prospa loan that is within a no repayment period at the time of application, or in conjunction with any other Prospa offer. Offer may be withdrawn without notice. Standard credit approval criteria, fees, terms and conditions apply.