Fast Business Loans
Get quick access to finance and grow your business. Our fast business loan online application takes as little as 10 minutes, you get a quick decision and, if approved, funding is possible in hours.
- Apply online in under 10 minutes
- Funding options up to $500K
- Fast decision and funding possible in 24 hours
- No upfront security required to access up to $150K
Fast business loans
We are Australia’s #1 online lender supporting small businesses with fast business loans and approval within the hour. As a client focused lender, Prospa puts the prosperity of your business first. Our fast business loans and friendly team of lending experts have helped us maintain a 4.8/5 TrustScore with our clients.
We have already helped thousands of Australian businesses achieve their dreams by financing fast business loans. If you are looking for the right lender to help you reach the next pivotal stage in your business development, then think Prospa and apply online today.
How can Prospa help your business?
Small Business
Loan
Quick access to $5K – $150K to cover unexpected expenses or a one-off purchase.
- Fixed term up to 3 years with fixed rates
- Fast decision & funding possible in 24 hours
- No asset security required upfront to access Prospa funding up to $150K
- Minimum $6K monthly turnover and 6 months trading to apply
Business Loan
Plus
Larger loans above $150K and up to $500K to invest in your next business growth opportunity.
- Fixed term up to 5 years with fixed rates
- No credit checks to see if you are eligible
- Security may be required when accessing over $150K in Prospa funding
- Minimum $1M annual turnover and 3 years trading to apply
Line of Credit
Ongoing access to up to $500K 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 $6K monthly turnover and minimum 2 years trading history to apply
Quick business finance designed for Australian small businesses
$5K and $500K over loan terms from 3 – 36 months could help you get your small business exactly where you’ve always wanted it to be.
As a client focused lender we won’t treat you like the big banks. Our friendly team of Business Lending Specialists are here to answer any questions you might have and help you get the most from your small business loan. We develop cash flow friendly repayment terms ensuring we are always working with your business to help you get the most from your finance options.
Invest in new capital and get your business ahead with the latest technology and machinery.
Ensuring that your business remains competitive and at the very edge of the latest innovations and technology is the best way to maintain a healthy and thriving company. We can help you invest wisely in the latest advances in your field.
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.
01
Apply in minutes
02
Get a fast decision
03
Access your funds
Small Business Loan
minimum criteria
- 6 months trading history
- Monthly turnover of $6K
- Business owner must be 18+ years
- Business owner must be an Australian citizen or permanent resident
Why Prospa? It’s today’s way to borrow.
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.
Choice
Borrow up to $500K with 10 minute application, fast decision and funding possible in 24 hours.
Support
Confidence
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
Customers making it happen with a Prospa loan
Read Customer Stories
Awards, thanks to your support
It’s nice to know we’re doing something right
| Year | Award | Category |
|---|---|---|
| 2024 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Best short-term loan |
| 2024 | FINNIES Fintech Australia Awards | Finalist, Excellence in Business Lending |
| 2024 | The Adviser Magazine's Product of Choice: Non-Banks Survey | Winner, Best SME loans less than $250K |
| 2024 | Great Place to Work | Recognised as one of the Top 10 Best Workplaces in Technology |
| 2024 | Work180 | Recognised by WORK180 as one of Australia’s top 101 workplaces for women |
