Business Loans to match the needs of ACT small businesses


Small Business
Loan
Quick access to $5K – $150K to cover unexpected expenses or a one-off purchase.
- Fixed term up to 3 years with fixed rates
- Fast decision & funding possible in 24 hours
- No asset security required upfront to access Prospa funding up to $150K
- Minimum $6K monthly turnover and 6 months trading to apply

Business Loan
Plus
Larger loans above $150K and up to $500K 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 $150K in Prospa funding
- Minimum $1M 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 6 months trading 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 $500K and funding possible in 24 hours.
Flexibility
Support
Confidence
Customers making it happen with a Prospa loan
Read customer storiesAwards, thanks to your support
It's nice to know we're doing something right
Year | Award | Category |
---|---|---|
2024 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Best short-term loan |
2024 | FINNIES Fintech Australia Awards | Finalist, Excellence in Business Lending |
2024 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Best SME loans less than $250K |
2024 | Great Place to Work | Recognised as one of the Top 10 Best Workplaces in Technology |
2024 | Work180 | Recognised by WORK180 as one of Australia’s top 101 workplaces for women |