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Manage your finances

No matter if you’re a seasoned entrepreneur or just starting your journey, tackling the complexities of your business finances is a constant challenge. Brush up on the knowledge you need to start smashing your financial goals, from overcoming debt and the essentials of cash flow management, to getting the most out of your business banking and more.

8 ways to maximise your 2024 tax return

13 May 2024

Manage your finances
Finance
Financial management
Guide
Prospa Business Account

5 tips to master business finances with a dedicated account

19 January 2024

Manage your finances
Business planning
Cash flow management
Guide
Invoicing
Payment Times Reporting Act
Small business legislation

Explained: Updates to small business payment times legislation

30 January 2024

Manage your finances
Australian Government
Finance
Grants and allowances
Small business funding
Small business rebates

Grants and allowances for small businesses

28 August 2023

Manage your finances
End of financial year
Eofy
Finance
Instant asset write-off
Small business tax
Temporary full expensing

EOFY tax deductions for small businesses

15 May 2023

Manage your finances
Alternative lenders
Apr
Finance
Simple interest rate
Small business loan
Total interest percentage

The difference between APR and simple interest rate explained

29 April 2019

Manage your finances
Business planning
Finance

8 ways to maximise your 2024 tax return

13 May 2024

Manage your finances
Finance
Financial management
Guide
Prospa Business Account

5 tips to master business finances with a dedicated account

19 January 2024

Manage your finances
Business planning
Cash flow management
Guide
Invoicing
Payment Times Reporting Act
Small business legislation

Explained: Updates to small business payment times legislation

30 January 2024

Manage your finances
Australian Government
Finance
Grants and allowances
Small business funding
Small business rebates

Grants and allowances for small businesses

28 August 2023

Manage your finances
End of financial year
Eofy
Finance
Instant asset write-off
Small business tax
Temporary full expensing

EOFY tax deductions for small businesses

15 May 2023

Manage your finances
Alternative lenders
Apr
Finance
Simple interest rate
Small business loan
Total interest percentage

The difference between APR and simple interest rate explained

29 April 2019

Most recent

All ¹⁸⁴
Cash flow ⁹⁹
Finance ⁹⁷
Technology ⁵
Business planning ⁴
Marketing ²
See more topics
Innovation ¹
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11 Nov 2024

Manage your finances

How to create a cash reserve before year-end

11 Nov 2024

29 Oct 2024

Manage your finances
Cash flow

7 tips to boost your cash flow before year-end

29 Oct 2024

31 Jul 2024

Manage your finances
Business planning

Maximise Your Savings: The Benefits of Paying off Your Business Loan Early

31 Jul 2024

22 Jul 2024

Manage your finances
Finance

Committed vs. Uncommitted Lines of Credit: Understanding Key Differences and Benefits

22 Jul 2024

16 Jun 2024

Manage your finances
Finance
Small business tax
Tax returns
Tax time

6 things small business owners should avoid at EOFY

16 Jun 2024

20 May 2024

Manage your finances
Finance

What does the Federal Budget mean for small businesses?

20 May 2024

Prospa solutions

Prospa
Small Business Loan

Quick access $5K - $150K

Learn more

Prospa
Business Loan Plus

Larger loans $100K - $500K

Learn more

Prospa
Line of Credit

Ongoing access to funds up to $150K

Learn more

Get started

Which product are you interested in?

Apply for funds

Small business lending to match your business needs

Open an account

A business transaction account to help you manage cash flow

Compare our products

Select Product #1

Business Loan Plus
Small Business Loans
Line of Credit

Select Product #2

Business Loan Plus
Small Business Loans
Line of Credit

Best for when you need

Funds for bigger plans

Fast access to funds

To build cash flow confidence

Funds for bigger plans

Fast access to funds

To build cash flow confidence

Eligibility

Minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active ABN and valid driver’s licence
Good credit history

Asset security

Security may be required when accessing over $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

Loan size

From $150K to $500K

From $5K to $150K

From $2K to $500K

From $150K to $500K

From $5K to $150K

From $2K to $500K

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 are repaid weekly Only pay interest on what you use + weekly service fee 0.0046%

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

Dedicated lending specialist

Visa debit card not available Yes

Yes

Visa debit card not available Yes

Yes

Visa debit card

Dedicated lending specialist not available No

Apply now Read more

Apply nowRead more

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Categories

Content types

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Partner blog

Inside Prospa

Manage your finances

8 ways to maximise your 2024 tax return

5 tips to master business finances with a dedicated account

Explained: Updates to small business payment times legislation

Grants and allowances for small businesses

EOFY tax deductions for small businesses

The difference between APR and simple interest rate explained

8 ways to maximise your 2024 tax return

5 tips to master business finances with a dedicated account

Explained: Updates to small business payment times legislation

Grants and allowances for small businesses

EOFY tax deductions for small businesses

The difference between APR and simple interest rate explained

How to create a cash reserve before year-end

7 tips to boost your cash flow before year-end

Maximise Your Savings: The Benefits of Paying off Your Business Loan Early

Committed vs. Uncommitted Lines of Credit: Understanding Key Differences and Benefits

6 things small business owners should avoid at EOFY

What does the Federal Budget mean for small businesses?

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit