Business loans from Australia’s #1 online lender to small business
At Prospa, we’re big believers in small business
Our technology offers hassle-free application and fast decision, allowing many eligible customers to access funds in as little as one business day. Plus our team of small business lending specialists genuinely want to help and take a keen interest in you and your business.
Simple, no-fuss loans designed for small businesses
- Loans between $5,000 and $500,000
- Terms between 3 and 36 months
- No property security required upfront to access Prospa funding up to $150K.
- Apply in 10 minutes
- Funding possible in 24 hours
What can I use the funds for?
Healthcare
Speed and simplicity helped this healthcare provider jump on an opportunity to grow.
Professional Services
A small business loan helped turn a side hustle into a successful marketing business.
Hair & Beauty
To grow their online retail offering this hair salon needed funds to invest in inventory.
Hospitality
A café owner used funds to purchase a second location for his Perth-based café.
Retail
Prospa provided the capital this Sydney florist needed to grow her flower studio.
Building & Trade
Increased demand meant paying upfront for larger orders. A Prospa loan hit the spot.
Am I eligible to apply for a Prospa Small Business Loan?
- Minimum trading history
- My business turns over at least $6K per month
- I’m an Australian citizen (or permanent resident)
- I’m over 18 and have a valid ABN