Secured Business Loans

Secured business loan

Prospa provides business loans of up to $150K to help your business to grow and expand. No security is required to access up to $150K – for greater amounts, contact our loan specialist team on 1300 456 630 to discuss secured business loan options.

As Australia’s #1 lender, we’ve already helped over 29,400 businesses to succeed and reach their full potential by financing over $1.65 billion.

Our client-focused business loans are designed to invest in your company’s growth potential. We offer tailored repayments which are cash flow friendly and put your business health first.

  • Fast and easy access to your approved funds
  • No obligations – it’s free and easy to apply
  • Customer focused and dedicated support

Unlike the big lenders, business loans or secured business loans from Prospa are designed to keep your business in front. When you prosper, so do we. We have maintained a 4.8/5 TrustScore with our customers by keeping things simple and putting our clients first.

A business loan or secured business loans from Prospa could help you to achieve those important business milestones that your company needs to reach to achieve the next level. Our products can help you to invest in the latest technology. Is your business ready for the next step? Are you looking to upgrade your company’s assets and move into the next technological age? Invest in new capital with Prospa.  Are you looking for new work vehicles or machinery? What sort of business do you have? Are you ready to move into new markets and expand your opportunities? Invest in the latest labour-saving technology and build your Australian business to its fullest potential with Prospa.

Start your application online today or if you would prefer to speak someone call us at 1300 456 630 and chat with our Business Lending Specialists.

Compare products

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
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 12 months trading to apply
Learn more about Business Line of Credit
Apply now

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.

Choice

Borrow up to $500K with 10 minute application, fast decision and funding possible in 24 hours.

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.
Trustpilot

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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Customers making it happen with a Prospa loan

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,”
Sacha Alagich
Escape to paradise
“Prospa reduces my stress around finances and lets me focus on my business and customers.”
Donna Sklavos
Donna's Beauty Cottage
“It’s like having a safety net and it helps me manage my cashflow,”

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

See more awards