Asset security
Security may be required when accessing over $150K in Prospa funding
No upfront property security for up to $150K in Prospa funding
No upfront property security for up to $150K in Prospa funding
Security may be required when accessing over $150K in Prospa funding
No upfront property security for up to $150K in Prospa funding
No upfront property security for up to $150K in Prospa funding
Loan term
Both products are
Up to 5 years
Both products are
Up to 3 years
2 years, with option to renew
Both products are
Up to 5 years
Both products are
Up to 3 years
2 years, with option to renew
Interest
Fixed interest rate
Both products do not require Asset security
Fixed interest rate
Both products do not require Asset security
Interest calculated on the funds you use, not on the limit.
Fixed interest rate
Both products do not require Asset security
Fixed interest rate
Both products do not require Asset security
Interest calculated on the funds you use, not on the limit.
Payments structure
Both products can be repaid in a
Receive your
Receive your full loan amount as a lump sum
Both products can be repaid in a
Receive your
Receive your full amount as a lump sum
Use and reuse as often as you like during the 24 month renewable term
Both products can be repaid in a
Receive your
Receive your full loan amount as a lump sum
Both products can be repaid in a
Receive your
Receive your full amount as a lump sum
Use and reuse as often as you like during the 24 month renewable term
Repayment frequency
Both products can be repaid
Weekly
Both products can be repaid
Weekly
Both products are repaid weekly
Only pay interest on what you use + weekly service fee 0.0046%
Both products can be repaid
Weekly
Both products can be repaid
Weekly
Both products are repaid weekly
Only pay interest on what you use + weekly service fee 0.0046%
Online access
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
Dedicated lending specialist
Visa debit card not available
Yes
Visa debit card not available
Yes
Yes
Visa debit card not available
Yes
Visa debit card not available
Yes
Yes