Business Loans to match the needs of WA small businesses
- Funding up to $500K
- Fast decision and funding possible in 24 hours
- No asset security required upfront to access Prospa funding up to $150K
Flexible funding solutions for WA small businesses
From ancient indigenous cultural experiences and incredible landscapes, to the vines and surf breaks at Margaret River, or the hum and bustle of cosmopolitan Perth, Western Australia can’t be beaten for variation. And all this is supported by small business, which makes up 97% of all businesses in WA and contributes more than $50 billion to the WA economy.
At Prospa, we are proud to support Western Australian small business owners with hassle-free access to funding. Feel confident to move fast on your next opportunity with a fast decision on amounts up to $500K 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 12 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 12 months trading to apply
Why Prospa? Because we believe in small business.
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
We’re Australia’s #1 online lender to small business
Flexibility
Fast application and decision, and funding possible in 24 hours on flexible options up to $500K.
Support
A dedicated Business Lending Specialist will get to know you and your business and provide a personalised solution.
Confidence
Join thousands of Aussie small businesses who thrive with the support of Australia’s #1 online lender to small business.