Business loans to match your business needs
- Funding options up to $500,000
- Fast decision and 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.
Easy application
Apply online in under 10 minutes with minimal paperwork.
Flexible terms
We offer repayment terms of 3 - 36 months, with the freedom to pay out your loan early and save on interest
Custom pricing
Our rate is determined by how much you're borrowing, the size of your business and credit score.
A faster, easier approach to business lending
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.
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
Talk to a business lending specialist
How our customers have put their funds to work
Read Customer Stories
Recent 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 | 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 |
| 2023 | MFAA State Excellence Awards | Finalist, Business Development Manager Award – Lender & Support Service Provider |
| 2023 | LinkedIn Talent Awards | Winner, Best Employer Brand |
