



Small business loans
to match your business needs
- Funding options up to $500K
- Fast decision and funding possible in 24 hours
- No asset security required upfront to access Prospa funding up to $150K
No repayments for the first 4 weeks, now available with all Prospa business loans! T&Cs apply.
What could you be doing by this time tomorrow?
With Prospa’s fast application and decision process, this time tomorrow you could have the funds you need to set your business up for success. Whatever is next on your agenda, our flexible funding solutions are there to support almost any business need.
Prospa Small Business Loan
Quick access to $5K – $100K to cover cash flow and unexpected expenses.
- Fixed term up to 24 months
- Fast application and decision
- Funding possible in 24 hours
- No asset security required upfront
- Min $5K monthly turnover and 6 months trading to apply
Prospa Plus Business Loan
Larger loans of $100K – $500K to invest in your next business growth opportunity.
- Fixed term up to 36 months
- Smooth application with support from a Business Lending Specialist
- Pre-approval without credit check for loans above $250K
- Min $700K annual turnover and 3 years trading to apply
Prospa Line of Credit
Ongoing access to a limit of up to $150K to keep your business moving.
- Use and reuse as often as you like, with an initial term of 24 months
- Fast decision and funding possible in under 24 hours
- Only pay interest on what you use
- Access funds via online portal
- Min 6 months trading to apply
Why Prospa? Because we support small business.
No more compromising or missed opportunities with Prospa by your side.
This time tomorrow you could have access to funds for growth and cash flow support.
It’s just what we do. We’re New Zealand’s small business lending specialist.
Flexibility
Fast application and decision, and funding possible in 24 hours on flexible options up to $500,000.
Support
A dedicated Business Lending Specialist will get to know you and your business and provide a personalised solution.
Confidence
Join thousands of Kiwi small businesses who thrive with the support of New Zealand’s small business lending specialist.

“With any small business that’s trying to grow, there will be times when you need quick access to funds. Our relationship with Prospa has been a huge boon to the business.” –
Phil Walding
LabelMAN, Christchurch
Talk to a business lending specialist
Leave your details below and one of our Business Lending Specialists will get in touch right away to discuss how Prospa could help keep your business moving with the funds you need.
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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 MoreOur business loans range from $5,000 to $500,000 and no asset security is required upfront to access up to $150,000. Terms are between 3 and 36 months and we customise daily or weekly repayments to suit your cash flow. Loans can be used for any business purpose and we lend to almost every industry in New Zealand.
We care about small business
We’re passionate about helping small business owners access the money they need to grow or to boost working capital. Whether you want to purchase bulk stock at a discounted price, upgrade your tools or equipment, update your work car, give your office space a makeover or simply pay your suppliers on time – we can provide a small business loan to help you get there sooner.
Fast application and decision
It takes only minutes to apply, you’ll get a fast decision and, if your loan is approved, funding is possible in 24 hours. There is no cost to apply, no obligation to proceed and no hidden fees.
Option of no repayments for the first 4 weeks
When you are approved for a Prospa Small Business Loan or Prospa Plus Business Loan, you can choose to delay your first repayment for between 1 and 4 weeks if you wish. Some businesses find this provides added flexibility. If you do choose to delay your repayments, the loan term will be extended and interest will accrue from the day you settle until the end of the loan term. Terms and conditions apply.
The small business lending specialist
Prospa is the leading online lender to small businesses in Australia, and we have provided funding to thousands of customers so far. We are a Telstra Best Medium Business Award winner and ranked as the fastest growing company in Asia Pacific in the FT1000. We are a registered financial services provider in New Zealand and member of the Financial Services Federation.
There are around 500,000 small businesses operating across New Zealand, employing 30% of the country’s working population and contributing almost 30% to our Gross Domestic Product. From Auckland to Wellington and Christchurch to Dunedin, small enterprises are vital to the future of the country – and Prospa helps keep New Zealand small businesses moving with hassle-free funds.
How do you qualify for a small business loan?
To qualify for a small business loan with Prospa, your business needs to have been trading for 6 months or more. If you purchased an existing business, you only need to demonstrate you have been trading for 3 months. You’ll also need to show an income of $5,000 or more per month. Talk to us today to find out more about qualifying for a Prospa small business loan.
Should you get finance from Banks?
Banks offer business loans and equipment loans of up to $1 million (or more) but the application process can be long and involved. New Zealand banks traditionally ask for a list of items including income statements and balance sheets for the past two years, up-to-date financial statements, business plans, tax returns, and bank account information and statements.
Why consider Independent Lenders?
Independent lenders like Prospa offer business loans from as little as $5,000. They also tailor their products to the needs of small businesses, which means qualification requirements are clear, the process is much quicker and easier, funding is possible in just 24 hours, interest rates are competitive, and repayments are tailored to business cash flow.
Why choose Prospa?
With business finance from Prospa New Zealand, you can receive fast turnaround for between $5,000 and $500,000. Repayment terms are 3 to 36 months and no asset security is required upfront to access up to $150,000. With Prospa you’ll know exactly how much you’ll be paying back for your business finance. There are no application fees, no compounding interest and no hidden fees.
Take the next step
Join the thousands of small businesses that have received business loans from Prospa.
Simple call 0800 005 797 or get started online today. One of our friendly team will work with you to customise a proposal and answer your questions.
To make the process even faster, make sure you have on hand your drivers licence, NZBN and up to 12 months of bank statements (for loans up to $250,000) – if your loan is more than that we’ll let you know what else we need.
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THINGS YOU SHOULD KNOW
No repayment period available to approved customers who settle a new or refinanced Prospa Small Business Loan or Prospa Plus Business Loan. Approved customers can elect to take an optional initial no repayment period of between 1 to 4 weeks from the loan settlement date, during which interest will accrue but no repayments will be required. Total loan repayment term will be extended by the time equal to the selected no repayment period (1 to 4 weeks) and interest will accrue from the loan settlement date until the end of the term. Interest that accrues on the loan during the no repayment period is capitalised and included in the total interest expense and forms part of the regular fixed daily or weekly repayments due on each payment date following the end of the no repayment period. Not available to refinance an existing Prospa loan if the existing loan is currently within a no repayment period at the time of application. Product settings may be amended or withdrawn without notice.