Prospa Business Loans
Prospa is Australia's #1 online lender to small business, providing fast access to funds to match your business needs. Get started today and find out what you can borrow.
- Borrow from $5K to $500K
- 12 – 36 month loan terms
- Funding possible in 24 hours
- No property security required upfront to access Prospa funding up to $150K
Prospa Small
Business Loan
- Borrow from $5K up to $150K as a lump sum over a fixed term of up to 36 months.
- Minimum $6K monthly turnover and minimum trading history periods apply.
- Great for managing cash flow, buying stock and equipment, or covering unexpected expenses.
Prospa Business
Loan Plus
- Borrow from $150K up to $500K as a lump sum over a fixed term of up to 36 months.
- Minimum $1 million annual turnover and 3 years trading to apply.
- Often used for funding growth, renovations and refits, or equipment purchases.
Prospa Business
Line of Credit
- Get ongoing access to funds up to $150K and only pay interest on the funds you use.
- Minimum $6K monthly turnover and minimum trading history to apply.
- Ideal for managing cashflow and unexpected expenses.
01
Apply online in under 10 minutes
For a loan, you'll need your recent trading figures to refer to. If you're signing up for our Business Account, have your ID documents handy.
02
Get a same-day decision
Apply for a loan and you'll get a decision within a business day - often just a few hours. We'll reach out to explain the process and answer any questions you have.
03
Access your funds
Once your loan is approved, the funds are automatically transferred and could be in your account as soon as the next business day.
01
Apply online in under 10 minutes
For a loan, you'll need your recent trading figures to refer to. If you're signing up for our Business Account, have your ID documents handy.
02
Get a same-day decision
Apply for a loan and you'll get a decision within a business day - often just a few hours. We'll reach out to explain the process and answer any questions you have.
03
Access your funds
Once your loan is approved, the funds are automatically transferred and could be in your account as soon as the next business day.
Why Prospa?
We’re here to help make business happen with lending products designed to fund growth and support cash flow.
Flexibility
Fast application and decision, and funding possible in 24 hours on flexible options up to $500K.
Support
Locally focused BDMs backed by a team of dedicated Business Lending Specialists who get to know your client’s business.
Confidence
Join thousands of Aussie small businesses who thrive with the support of Australia’s #1 online lender to small business.
How our customers have put their funds to work
Read Customer StoriesRecent articles
Stories to inspire you, tips to save you time
Awards, thanks to your support
It’s nice to know we’re doing something right
Year | Award | Category |
---|---|---|
2023 | Great Place to Work | Recognised as one of the Top 20 Best Workplaces |
2023 | Great Place to Work | Certified |
2023 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, SME under $250K Loan of Choice |
2023 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, SME over $250K Loan of Choice |
2023 | Contact Centre Magazine | Winner, Top 100 Influencers in the Contact Centre Industry |