Fast Business LoansFast, easy, flexible
Need cash flow now? Get up to $1M with Prospa's fast business loans. Apply today and you could receive funds as soon as the next day.
- Apply online in under 10 minutes
- Borrow from $5K to $1M
- Funding possible in 24 hours
Your cash flow, your choice
Our calculator will help you estimate how much you’ll pay per week
See full T&CsPlease select a product
Fast business loans
Running a business means cash flow moves fast, and when you need funding, you need it to now. That’s why we offer business loans with flexible terms and funding possible in hours to keep things moving. With repayment options from up to 5 years, you can stay in control of your cash flow. Trusted by thousands with 4.5/5 TrustScore, we offer fast and flexible business funding solutions. Apply online today for a quick business loan or explore our full range of business finance options, with loan amounts up to $1M.
A range of funding solutions
Small Business Loan
Fast access to keep business moving
- From $5K - $500K
- Funding possible in 24 hours
- Up to 5 year terms
- No upfront security up to $150K
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
Business Loan Plus
A larger lump sum to invest in longer term plans
- From $500K - $1M
- Sharper rates when secured against your property
- Up to 5 year terms
- Upfront property security required
Business Loan Plus
minimum criteria
- 3 years trading history
- Annual turnover of $2M
- Property or asset ownership required over $150K
- Business owner must be 18+ years
- Business owner must be an Australian citizen or permanent resident
Business Line of Credit
Ongoing access to funds to simplify cash flow
- From $2K - $500K
- Access funds anytime via the Prospa App
- Only pay interest on what you use
- No upfront security up to $150K
Business Line of Credit
minimum criteria
- Minimum 2 years trading history
- Monthly turnover of $6K
- Business owner must be 18+ years
- Business owner must be an Australian citizen or permanent resident
Quick business finance designed for Australian small businesses
Need an urgent business loan? We provide fast business loan approvals so you can get funds quickly. With same day approvals and no upfront security required for loans up to $150K, getting an instant business loan has never been easier. Plus, our flexible early repayment options let you pay off your loan sooner, helping you save on interest. Apply online today, no credit check to see if you are eligible!
Easy application
Apply online in under 10 minutes with minimal paperwork.
Flexible terms
We offer repayment terms up to 5 years, 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
- From 6 months time trading
- Monthly turnover of $6K
- Property or asset ownership required over $150K
- 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 $1M 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 | Great Place to Work | Certified |
| 2025 | Great Place to Work | Recognised as one of Australia’s Best Workplaces for Women |
| 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 |
