Business loans from Australia’s #1 online lender to small business

At Prospa, we’re big believers in small business

Small businesses account for about 98% of all businesses in Australia. That’s why at Prospa, we want to keep small businesses moving and change the way they experience finance. So it’s less of the time-consuming, complex forms and more of that personal service small businesses deserve.

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

Whether it’s funds to pay invoices, hire more staff, buy new equipment or to expand your business, apply for a small business loan with Prospa today.

  • 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

Apply now

What can I use the funds for?

From purchasing office furniture and upgrading tools or equipment to doing a refit or building a website to increase business – provided it’s a business purpose, there’s not much you can’t do with a Prospa Small Business Loan. See below how customers from various industries have used their funds to help business thrive.

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.

On Time Developments gets a Prospa Small Business Loan!

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

Apply now