Small business loans to match your business needs

  • With funding up to $300K
  • Fixed term up to 24 months
  • Fast decision and funding possible in 24 hrs

Apply now Talk to a specialist

We’re big believers in small business!

Kiwi small business owners believe in themselves. And at Prospa, we believe in them too.
That’s why we offer a no-nonsense approach to business lending.

Our customers enjoy flexible repayment options that work with business cash flow. You get a fast decision and funding is possible in 24 hours. Plus there’s no asset security required upfront to access Prospa funding up to $100K.

It’s why we’re New Zealand’s small business lending specialist.
And it’s one of the reasons the Government has approved us to participate in the
Business Finance Guarantee Scheme.

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Small Business Loan

A lump sum to cover everyday business expenses and opportunities.

  • Loans between $5K and $100K
  • Fixed term between 3 and 24 months
  • Fast application and decision
  • Funding possible in 24 hours
  • Minimum 6 months trading to apply
  • Interest rates based on your business circumstances
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Back to Business Loan

A larger amount to help respond to the impacts of COVID-19

  • Loans between $100K and $300K
  • Fixed term up to 24 months
  • Minimum $100K monthly turnover and 3 years trading to apply
  • Supported by the Government’s Business Finance Guarantee Scheme

Things you should know

Why Prospa? Because we believe in you.

No more compromising or missed opportunities with Prospa by your side. Access funds for growth and cash flow support in a fraction of the time and without all the fuss. It’s just what we do.
We’re New Zealand’s small business lending specialist.

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Check if you qualify

Is your monthly turnover more than $6,000? Been trading for over 6 months? That’s a great start!

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Apply in 10 minutes

Grab your driver licence and details about your business. Minimal paperwork to apply for up to $150,000.

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Get on with business

Know where you stand with a quick decision and funding possible in 24 hours.
Focus on what you love!

Get started with a
Prospa Small Business Loan

Leave your details below and one of our Business Lending Specialists will get in touch to discuss how a Prospa Small Business Loan could help keep your business moving.


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We take the work out of getting a business loan

At Prospa, we want to help you keep your business moving. Unlike traditional lenders, our entire process makes getting a small business loan easy – so you spend less time applying, and more time realising your dreams.

Learn More

THINGS YOU SHOULD KNOW

*Eligibility and approval is subject to the Government’s Business Finance Guarantee Scheme eligibility criteria. Prospa will follow its standard credit assessment process and like any loan, businesses are required to repay a loan taken out under the Scheme. Not all amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply. Offer only available to eligible new and existing approved customers for a new small business loan that is settled by 30 June 2021. Offer may be amended or withdrawn without notice. Eligibility: your business may be eligible to apply if you are an NZ-based business with annual revenue of up to $200 million, your business doesn’t operate any Government-defined excluded activity and you are not a local authority, council or council-controlled organisation. Loan limits: the total sum of funding supported by the Business Finance Guarantee Scheme between Prospa and your business, and any guarantors, must not exceed $500,000. Purpose: loan must be for the purpose of responding to, positioning to recover or recovering from, the impacts of COVID-19. Loan cannot be used to fund dividends or on-lending outside the borrower’s guaranteeing group, any Government-defined excluded activity, residential or commercial property development or investment or to repay or refinance an existing loan with Prospa. Certification: You will be required to certify that each of the above statements in relation to your business is correct. Security: No asset security will be taken however personal guarantees will be required.