Could 25% of global retail sales be online by 2024?*
Invest in your online capabilities:
Flexible business funding to get you where you need to be
When you’re thinking ‘growth’, don’t let a lack of funds stop you in your tracks. We’ve helped hundreds of retail businesses make their next brave move with our flexible range of cash flow solutions.
Whether you want to build an online empire, invest in next-level POS tech, promote a massive sale, or just enjoy a bit of cash flow backup – talk to Prospa. It takes just 10 minutes to apply online for funds up to $500K, and approved funding is possible in just 24 hours. What are you waiting for?
Prospa Small Business Loan
- Borrow from $5,000 up to $150,000 as a lump sum over a fixed term of up to 24 months.
- Minimum $5,000 monthly turnover and 6 months trading to apply.
- Great for managing cash flow, buying stock and equipment, or covering unexpected expenses.
Prospa Business Loan Plus
- Borrow from $150,000 up to $500,000 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 $150,000 and only pay interest on the funds you use.
- Minimum $5,000 monthly turnover and 6 months trading to apply.
- Ideal for managing cashflow and unexpected expenses.
Prospa Small Business Loan
- Borrow from $5,000 up to $150,000 as a lump sum over a fixed term of up to 24 months.
- Minimum $5,000 monthly turnover and 6 months trading to apply.
- Great for managing cash flow, buying stock and equipment, or covering unexpected expenses.
Prospa Business Loan Plus
- Borrow from $150,000 up to $500,000 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 $150,000 and only pay interest on the funds you use.
- Minimum $5,000 monthly turnover and 6 months trading to apply.
- Ideal for managing cashflow and unexpected expenses.
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
Cashflow or Growth. We help retailers with both!
As a business owner operating in the retail industry, you know that cash flow can play a vital role in your business’s day-to-day. Plus, there are times when you might need funds to invest in your business to take it to the next level. Talk to Prospa – we can help you apply for a flexible funding solution for your retail business’s needs – whatever they may be.
Stock
Purchase inventory, introduce a new product, pay in bulk to secure a great discount and increase profit margins.
Improvements
Remodel your physical store, purchase new furniture, update equipment, upgrade to new POS technology, smarten up your interior.
Staff
Pay wages, hire casual staff during busy periods, train new staff, reward staff with incentives.
eCommerce
Build, promote and run an online store to extend your reach and grow your business.
Marketing
Create awareness and acquire more customers through advertising, launching a loyalty program or investing in social media.
And more
Having hassle-free access to funding can help give retailers the freedom to move quickly.
Recent articles
Stories to inspire you, tips to save you time
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.
How our customers have put their funds to work
Read Customer Stories
Awards, thanks to your support
It's nice to know we're doing something right
| Year | Award | Category |
|---|---|---|
| 2022 | Work180 | Endorsed Employer |
| 2022 | Great Place to Work | Certified |
| 2022 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, SME under $250K Loan of Choice |
| 2022 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Short Term Loan of Choice |
| 2019 | Deloitte Technology Fast 500 | Winner, Asia Pacific |
