Small business financing

Access life changing funds to support your success

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Small Business Funding

Prospa is Australia’s #1 favourite lender providing small business finance to thousands of customers. Our client-focused approach to small business finance and lending has led us to offering life-changing funds which have helped to grow and expand businesses just like yours.

As an award-winning market leader, we have built and maintained a 4.8/5 TrustScore developing strong trust with our client base who have discovered the difference between lending with the big banks and the support Prospa’s lending experts have to offer which help your business to really succeed.

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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
Learn more about Small Business Loan
Apply now

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
Learn more about Business Loan Plus
Apply now

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
Learn more about Business Line of Credit
Apply now

Why Prospa is the big difference in small business finance.

Prospa is here to help you get the most from your small business. We have helped all sorts of businesses achieve all kinds of goals from renovations and capital investments to rebranding and advertising campaigns.

  • Retail
  • Hospitality
  • Professional and consultancy services
  • Health practices
  • Wholesalers
  • Trades
  • Hair & Beauty specialists
  • Franchises

Business loans are available from $5K to $150K. Short terms loans are available on terms from 3 – 36 months and looking out for the small business, Prospa doesn’t penalise you for early payouts and your lending specialist will ensure that repayment terms are cash flow friendly. No asset security required upfront to access Prospa funding up to $150K.

Start your application now with a 10 minute online form. Approval is usually received within an hour and once approved your new funds are transferred within 24hrs or the next business day. We make small business finance quick and easy.

Start your application process today with a fast and easy online application. Let us help you secure prosperity.

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.
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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

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How our customers have put their funds to work

Read customer stories
Angelli Morilla
Tita’s Cakes
“I feel safe knowing that Prospa is there to support us,”
Scott Chappell
Black Market Bagels
“Without Prospa, I wouldn’t have been able to scale as quickly or as smoothly.”
Lily Kahramanian
Workdog Creative
“The Line of Credit was like a security blanket while we trialed and tested our new business model,”
Donna Sklavos
Donna's Beauty Cottage
“It’s like having a safety net and it helps me manage my cashflow,”
Sacha Alagich
Escape to paradise
“Prospa reduces my stress around finances and lets me focus on my business and customers.”

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

See more awards