Prospa is now open on Saturdays. Call our team between 10am & 4pm to discuss your loan.

Buy now,
pay over 13 weeks.

  • For business purchases.
  • No interest ever. 
  • Cash flow friendly repayments.

Buy now, pay
over 13 weeks.

  • For business purchases.
  • No interest ever.
  • Cash flow friendly repayments.

Get Started

Buy Now. Use Now. Pay Later with no interest on business purchases.

Make business purchases up to $20,000 and pay for them over 13 weeks, in a cash flow friendly way with ProspaPay. There is no interest, and no fees when you pay on time.

It’s flexible

  • Be approved for up to $20,000
  • Use and reuse up to your limit
  • No interest or upfront fees

It won’t affect cash flow

  • Get what you want for your business sooner
  • No need to have cash up front
  • Repay it over 13 weeks

It’s fast & easy

  • Apply in minutes
  • Approval possible in under an hour
  • No asset security required to apply

The interest free way
for businesses to pay.

ProspaPay is a cash flow friendly payment method designed to give business owners the freedom to purchase what they need for their business, when they need it.

Forget about the cash flow disruption of paying up front for a business purchase. When you use ProspaPay, you can get your goods and pay for them over 13 weeks – interest free.

Perfect for…

  Purchasing an asset


  Buying stock, inventory or equipment


  Renovating your business


  Smoothing out cash flow

Meet Hair Salon Owner Natalie

Natalie updated all her salon chairs in one go using ProspaPay and spread the repayment over time to fit in with business cash flow.

Natalie’s chairs cost

Natalie paid $115.39 per week over 13 weeks, interest free with ProspaPay

How ProspaPay works

Buy Now. Use Now. Pay Later with NO interest on business purchases

ProspaPay gives you the freedom to purchase what you need for your business when you need it and spread the cost into manageable amounts!

Icon-1 Created with Sketch. 1

Apply in 10 minutes.

Approval possible in under an hour.

Icon-3 Created with Sketch. 2

Buy what you want.

Select ProspaPay as your payment method.

Icon-1 Created with Sketch. 3

Prospa pays the supplier.

Receive your purchase when it suits you.

Icon-2 Created with Sketch. 4

Pay 13 fixed weekly repayments.

No interest ever.

 Become a ProspaPay Partner


Grow your business. Get paid faster. Delight your customers. It’s time to say goodbye to late payments with ProspaPay. Find out about the benefits of integrating ProspaPay into your shopping cart or invoicing process.

Find out how

Powered by Prospa

Prospa is Australia’s #1 online lender to small business, offering fast, easy access to funds. Prospa has delivered over $1.4 billion in funding to 27,000 small businesses across Australia and New Zealand so far, and are rated #1 Money brand in Australia on TrustPilot with a 4.9/5 TrustScore.

Frequently asked questions

What’s ProspaPay?

ProspaPay is a new way for Small Businesses to get the things they need now and pay them off over time, with no interest, ever. Once you register, you can purchase from any supplier that offers ProspaPay. ProspaPay will pay the supplier, then you pay ProspaPay back in equal installments over a set period.

How does ProspaPay work?

Every time you make a purchase using ProspaPay you receive a contract which outlines the details of your purchase and lists your repayment amount and term. If you need a statement, please call us on 1300 706 983 (9am to 5pm, Monday to Friday) and we will send you one.

How do I apply for ProspaPay?

It’s easy to apply. After a quick chat on the phone to learn about your business you should have a decision in under an hour. Fill in the contact form on our website and we’ll call you back, or call us on 1300 706 983 (9am to 6pm, Monday to Friday). For a super-quick process, make sure you have your Driver Licence, your ABN and your bank details ready.

How fast will I be approved?

If you call us during business hours, you should have a decision in under an hour.

How much can I spend with ProspaPay?

When you register with ProspaPay we will assess your application and offer you a ‘maximum spend’ amount – up to $20,000. It’s a bit like the credit limit on your credit card. Once you know your limit, you can spend up to that limit at any merchant that accepts ProspaPay.

Do you give me the money up front in a lump sum?

No. ProspaPay pays the vendor directly for your goods and services, and you then pay Prospa in weekly repayment amounts.

Do I pay interest if I use ProspaPay?

No, ProspaPay is an interest-free finance product. Unlike when you use a credit card or a loan to make business purchases, you will never pay any interest when you use ProspaPay.

Are there fees and charges for using ProspaPay?

There are no fees when you use ProspaPay (as long as you make your payments on time)

How do I make repayments?

Your ProspaPay payments are automatically deducted every week from your nominated business account.

Where can I use ProspaPay?

ProspaPay can be used to purchase goods and services from a growing range of selected and approved vendors. Please contact us on 1300 706 983 (9am to 6pm, Monday to Friday) to find out who offers ProspaPay near you. Or ask your preferred supplier to contact us on 1300 706 983 to find out about how they can offer ProspaPay.

Can I make multiple purchases?

You can use ProspaPay to purchase goods from different vendors up to the combined value of your maximum spend limit. See ‘How much can I spend with ProspaPay?’ above.

What are the repayment terms available?

A 3 months term (13 weeks) is available to you on ProspaPay

When are the repayments due?

ProspaPay offers flexible repayments, so you can generally choose which day of the week is best to deduct the payment.

Is there a penalty for early repayment?

There are no fees for early repayment, but there are no discounts either. Your repayment amounts are detailed in your contract. You are free to pay out the contract early by paying the total amount detailed in your contract.

How do I make additional payments?

Please contact us on 1300 706 983 (9am to 6pm, Monday to Friday).

Can I increase my ‘maximum spend’ amount?

Please contact us on 1300 706 983 (9am to 6pm, Monday to Friday) if you would like to discuss increasing your ‘maximum spend’ amount.

What do I do if I cannot make a repayment?

We can help. Please contact us immediately on 1300 706 983 (9am to 6pm, Monday to Friday).

Can I access my ProspaPay balance online?

This function is not available yet. However, you can find out your balance at any time by calling ProspaPay on 1300 706 983 (9am to 6pm, Monday to Friday).

How can a vendor apply to offer ProspaPay?

Vendors who wish to offer ProspaPay should call us on 1300 706 983 (9am to 6pm, Monday to Friday). We can arrange a face to face meeting to discuss the ProspaPay service offering and options available.

What is the relationship between ProspaPay and Prospa?

ProspaPay is a product offered by Prospa, Australia’s #1 online lender to small business.

Standard credit assessment, fees, terms and conditions apply.

Australian Credit Licence 454782 | ABN 47 154 775 667