Prospa IQ

Introducing intelligent quoting on the spot, a new experience for Prospa Partners.
How it works Access via the Partner Portal today

Quote with confidence

With one online tool, enjoy greater transparency on borrowing capacity, pricing and terms in real time.
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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

Log in to the Partner Portal from your phone, tablet or desktop to access Prospa IQ.
Log in to the Partner Portal from your phone, tablet or desktop to access Prospa IQ.
02

Provide client, funding and business details

Provide us with your client's details and share their funding needs and business details easily using the inbuilt ABN search function.
Provide us with your client's details and share their funding needs and business details easily using the inbuilt ABN search function.
03

Connect credit details and financials

Input client credit details and check to see if we have bank statements on record, connect new bank statements or simply enter the revenue and expenses details manually.
Input client credit details and check to see if we have bank statements on record, connect new bank statements or simply enter the revenue and expenses details manually.
04

Get a quote summary

Your client’s pricing, borrowing capacity, and term will display for the Prospa Small Business Loan and Prospa Business Line of Credit up to $250K. You may use this quote to submit a lead to Prospa.
Your client’s pricing, borrowing capacity, and term will display for the Prospa Small Business Loan and Prospa Business Line of Credit up to $250K. You may use this quote to submit a lead to Prospa.

Access via Partner Portal

Access via Partner Portal

Access via Partner Portal

Access via Partner Portal

Access via Partner Portal

Log in

Access via the Partner Portal

Get started with Prospa IQ

Prospa Partners can register for a learning session to gain access
Register for a session
Partner with us

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 (“Commission Boost”), for the first 50 deals submitted via Prospa IQ and settled before 28 Feb 2025 (“Offer”).

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 Partner, including any previous Prospa IQ commission promotions. If multiple deals have been submitted, the Commission Boost will be applied for the first settled deal.

5. Offer is not available in conjunction with any other Partner offer.

6. All other commission rates and requirements remain unchanged and Prospa’s Lead Management Policy applies.

7. The Commission Boost will be paid after the promotional period has ended.

8. 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.

9. Prospa may withdraw or extend the Offer without notice.

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.