Prospa IQ
Quote with no impact to client's credit scores
Set funding expectations upfront with clients
Automated bank statement analysis
Quoting for business loans and Line of Credit up to $250K
Reliable quote in minutes
Submit as a lead or application on the spot
01
Request access via the Partner Portal
Request access via the Partner Portal
02
Provide client, funding and business details
Provide client, funding and business details
03
Connect credit details and financials
Connect credit details and financials
04
Get a quote summary
Get a quote summary
Access via the Partner Portal
Get started with Prospa IQ
FAQs
Common questions answered
Accredited Prospa partners can access Prospa IQ via the Prospa Partner Portal.
No. Prospa IQ generates an initial quote summary that is a general guide only and does not constitute an offer or credit approval.
Prospa IQ is designed to provide greater transparency on borrowing capacity, pricing and term for a Prospa Business Line of Credit and Prospa Small Business Loan. The initial quote summary is a general guide only and does not constitute an offer or credit approval. The final offer, including potential declines may vary after a comprehensive assessment and is subject to change based on Prospa’s eligibility criteria and credit policies, and factors such as dishonours, defaults and ATO debts.
No, not currently. Please submit a new lead for existing Prospa customers via the Prospa Partner Portal.
Yes, we are looking at future iterations based on feedback received. You can submit feedback anytime via this form here.
Prospa IQ commission offer terms and conditions
1. Accredited partners will earn extra 1% commission above the usual rates, for first 100 deals submitted via Prospa IQ and settled before 31 Dec 2024
2. To be eligible partners must be registered and accredited with Prospa in Australia
3. Offer is only available to deals for “new customers” only, which is defined as: i) New to Prospa; or ii) New to Partner (existing Prospa customer referred by a new partner); or iii) Prior Prospa customer that hasn’t had a capital product with Prospa for at least 6 months and the return was initiated through the Partner.
4. Offer is limited to one per registered or accredited Partner. If multiple deals have been submitted, the boost will be applied for the first settled deal
5. Offer is available in conjunction with the partner End of Year commission boost. However, no other offers apply.
6. The “Prospa IQ” commission boost will be paid after the promotional period has ended.
7. Prospa reserves the unrestricted right to withhold commission payments if it reasonably considers the Partner has not complied with Prospa’s relevant terms of engagement.
8. Prospa has the right to withdraw the offer without notice.
9. Prospa has the right to extend this offer.
10. Customer eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants.