Business Loans to match the needs of ACT small businesses
Small Business
Loan
Quick access to $5K – $500K to cover unexpected expenses or a one-off purchase.
- Fixed term up to 5 years with fixed rates
- Fast decision & funding possible in 24 hours
- No upfront security required to access Prospa funding up to $150K
- Minimum $6K monthly turnover and 6 months trading to apply
Business Loan
Plus
Larger loans above $500K and up to $1M to invest in your next business growth opportunity.
- Fixed term up to 5 years with fixed rates
- No credit checks to see if you are eligible
- Security may be required when accessing over $500K in Prospa funding
- Minimum $2M annual turnover and 3 years trading to apply
Line of Credit
Ongoing access to up to $500K to keep your business moving.
- Renewable 24 month term
- Fast decision and funding possible in 24 hours
- Only pay interest on what you use
- Access funds 24/7 with the Mobile App
- Minimum $6K monthly turnover and minimum 2 years trading history to apply
Flexible funding solutions for ACT’s small business community
Whether it’s the galleries, the restaurants, the breweries, distilleries and wineries, or simply its proximity to nature, Canberra has a lot to crow about. And despite its size, the ACT boasts over 30,000 small businesses employing close to two thirds of Canberra’s workforce.
At Prospa, we are proud to support the small business owners of the ACT with hassle-free access to funding. Feel confident to move fast on your next opportunity with a fast decision on amounts up to $1M and funding possible in 24 hours.
Flexibility
Fast application and decision, and funding possible in 24 hours on flexible options up to $1M.
Support
A dedicated Business Lending Specialist will get to know you and your business and provide a personalised solution.
Confidence
Join thousands of Aussie small businesses who thrive with the support of Australia’s #1 online lender to small business.
Customers making it happen with a Prospa loan
Read customer stories
“The Line of Credit was like a security blanket while we trialed and tested our new business model,”
Awards, thanks to your support
It's nice to know we're doing something right
| Year | Award | Category |
|---|---|---|
| 2026 | Broker Innovation Awards | Winner, Innovator of the Year - Lender Technology Platform |
| 2026 | The Adviser's Australian Broking Awards | Winner, Technology Service Provider of the Year |
| 2026 | Great Place to Work | Recognised as one of Australia’s Best Workplaces for Women |
| 2025 | Broker Innovation Summit | Finalist, Innovator of The Year |
| 2026 | Great Place to Work | Certified |
