Small Business Loans to match the needs of VIC businesses

  • Funding up to $500K
  • Fast decision and funding possible in 24 hours
  • No asset security required upfront to access Prospa funding up to $150K

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Flexible funding solutions for VIC small businesses

When they choose Prospa, VIC small business owners like you enjoy a hassle-free application for amounts up to $500K.
You can get a fast decision and funding is possible in 24 hours – which means less stress when it comes to getting the funds you need.

Feel confident to move on your next opportunity and get some breathing space too,
with the option of no repayments for the first 4 weeks. (Term will be extended and interest will accrue from the settlement date to the end of the term).

 

Apply now

Prospa Small Business Loan

Quick access to $5K – $150K to cover unexpected expenses or a one-off purchase.

  • Fixed term up to 24 months with fixed rates
  • Fast decision & funding possible in 24 hours
  • No asset security required upfront to access Prospa funding up to $150K
  • Minimum $5K monthly turnover and 6 months trading to apply
Learn more

Prospa Plus Business Loan

Larger loans above $150K and up to $500K to invest in your next business growth opportunity.

  • Fixed term up to 36 months with fixed rates
  • Dedicated Business Lending Specialist
  • Upfront asset security required; charge over the applying business entity(ies)
  • Minimum $1M annual turnover and 3 years trading to apply
Learn more

Prospa Business Line of Credit

Ongoing access to up to $150K 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 $5K monthly turnover and 6 months trading to apply
Learn more

Talk to a business lending specialist

Leave your details below and one of our Business Lending Specialists will get in touch to help you find a solution that matches your needs.

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See what other VIC small businesses are doing

Want to broaden your customer base? Need tips on chasing invoices? Get a taste of how other VIC small businesses tackle challenges and opportunities.

 Visit our Blog or subscribe to our Newsletter.

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VIC small business owners love Prospa

See our 5000+ reviews on Trustpilot

Why Prospa? Because we believe in small business.

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.

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Flexibility

Fast application and decision, and funding possible in 24 hours on flexible options up to $500,000.

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Support

A dedicated Business Lending Specialist will get to know you and your business and provide a personalised solution.

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Confidence

Join thousands of Aussie small businesses who thrive with the support of Australia's #1 online lender to small business.

Ready to apply?

 

Schedule a call back, or call one of our friendly Business Lending Specialists today on 1300 882 867.
We’re here to support the small business community.

 

Apply now

Things you should know: No repayment period available to approved customers who settle a new or refinanced Prospa Small Business Loan or Prospa Plus Business Loan. Approved customers can elect to take an optional initial no repayment period of between 1 to 4 weeks from the loan settlement date, 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 4 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. Not available to refinance an existing Prospa loan that is within a no repayment period at the time of application. Product settings may be amended or withdrawn without notice.