Business Lending
Find tailored lending solutions to meet your business goals
Business Lending
Prospa small business financing options start with loans of $5,000 and extend up to $150,000. Applying is fast and easy with our 10 minute online form and a decision is usually received within the hour. Approved clients normally receive the funds they have been approved for in 24hrs or the next business day.
How can we help you to build and expand your small business?
- Premises renovations
- Hardware and software upgrades
- Advertising and rebranding
- New appliances
Financing over $1.65 billion in business loans, Prospa has already helped thousands of Aussies get the most from their business finance. We tailor your finance experience to ensure your business is always first.
No asset security required upfront to access Prospa funding up to $150K. We don’t penalise our clients for early payouts which means you maintain control of your small business finance. Repayment options are developed by your lending consultant to ensure you maintain cash flow friendly terms.
Start your application process today with a fast and easy online application. Let us help you secure prosperity.
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 6 months trading to apply
Why Prospa? It’s today’s way to borrow.
We’re Australia’s #1 online lender to small business.
Flexibility
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
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 |
|---|---|---|
| 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 |
