Small Business Loans
Prospa provides fast small business loans SA for local Aussie businesses with approvals usually given within the hour and your funds transferred in 24hrs or by the next business day. With no unnecessary paperwork or lengthy delays, it’s no wonder we are Australia’s #1 online lender to small business and have maintained a 4.8/5 TrustScore.
Short term business loans are available for 3 – 36 months and you can borrow between $5K and $150K. No asset security required upfront to access Prospa funding up to $150K and funding possible in 24 hours.
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
Choice
Borrow up to $500K with 10 minute application, fast decision and funding possible in 24 hours.
Support
Confidence
How could your South Australian business benefit from Prospa?
As a business customer we help you build and expand your local Aussie business, whether you’re in Adelaide or anywhere else in Australia. Are you looking to broaden your market? Would a widespread marketing campaign help you reach out beyond your current market and start building your business? Business loans from Prospa could also help you renovate your premises, invest in a new location, expand your office space for that new round of employees. Dream big and let us help you get your business where you want it to be.
Apply online today with a short, 10 minute online form. We usually provide your approval within the hour and your funds 24hrs later or the next business day. Not sure if you’re ready to apply? Jump online or call one of our lending experts today and discuss how Prospa can help you and your local business.
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
Awards, thanks to you
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 |
