In the news
Prospa research shows Kiwi small businesses are struggling to access finance, often blurring personal and business affairs
Personal savings are the number one source of funds for 38% of Kiwi small businesses, jumping to 64% for those less than two-years old Mixing of finance may impact more than two in five (44%) small businesses that require more funds to achieve their business goals The advice from financial experts may be key, with […]
Prospa research shows Kiwi small businesses are struggling to access finance, often blurring personal and business affairs
Personal savings are the number one source of funds for 38% of Kiwi small businesses, jumping to 64% for those less than two-years old Mixing of finance may impact more than two in five (44%) small businesses that require more funds to achieve their business goals The advice from financial experts may be key, with […]
Prospa unveils what what SMEs are looking for come EOFY
Almost half (44%) of small business owners say they need more funds to achieve their business priorities for FY23 Over one in five (22%) Kiwi small business owners have found advice and support from advisers to be very valuable Prospa encourages advisers to reach out to their small business clients as EOFY approaches, to offer […]
1Q22 Trading Update: Strong originations of $128.5 million in 1Q22 (62% increase on 1Q21), with revenue of $37.8m (up 13% on the prior quarter); well positioned to continue to execute on growth.
Prospa Group Limited (ASX: PGL) (“Prospa” or “Company” or “Group”) is pleased to provide a trading update for the quarter ended 30 September 2021 (“1Q22”), with this quarter’s results driven by strong sales efforts capitalising on continued economic recovery, prudent expense management and ongoing investment into technology. Group highlights[1] Strong originations of $128.5 million, up […]
Prospa survey highlights the resilience and optimism of Kiwi small business owners
Almost all (95%) respondents enjoy being a small business owner in New Zealand Research shows 65% of small business owners feel more connected to and supported by their local community now than before COVID-19 Six in ten (58%) small business owners agree that their business is more resilient and sustainable today than before COVID-19 More […]
Prospa surpasses $2 billion in lending to small business economy in Australia and New Zealand
Prospa is pleased to announce it has delivered over $2 billion in lending to date through its financial technology platform supporting growth in the small business economy in Australia and New Zealand.
Prospa survey reveals access to finance one of the biggest pain-points for growth amongst Kiwi SMEs
Research conducted by YouGov, commissioned by small business lending specialist, Prospa, reveals the majority (57%) of small business owners in New Zealand say it is getting harder to access funding from the banks and traditional lenders. For younger businesses operating less than five years, this figure was as high as 69%.
Prospa announces new Chief Financial Officer
Prospa announces the appointment of Ross Aucutt as Chief Financial Officer.
Prospa HY20 Results: strong originations and customer growth continues
Prospa is pleased to announce its results for the six months ended 31 December 2019 (HY20).
Interim CFO Announcement
Prospa announces that Peter Loosmore has been appointed as interim Chief Financial Officer as of 28 January 2020.
Prospa appoints new BDM to support growing adviser network
Prospa has appointed a new Business Development Manager to its New Zealand team to support a growing adviser network.
Prospa expands New Zealand team
Small business lending specialist Prospa has announced two new appointments to key New Zealand business growth roles.
Prospa survey reveals small business sacrifices
A new study of small business owners has provided critical insight into the experience of running your own venture in New Zealand.
Prospa lists on the ASX
The Board and management of Prospa Group Limited are pleased to announce the company has been admitted to the official list of the Australian Securities Exchange (ASX) following the successful completion of the IPO.
Adrienne Church appointed GM of Prospa New Zealand
Adrienne Church has been appointed as Prospa’s General Manager in New Zealand.
Kurt Jacks – The Rib House
Wanting funds to upgrade and renovate his southern style ribs restaurant in Pakuranga, Auckland, Kurt turned to Prospa for help.
Susy Egneus – Bodyworkz
After experiencing a growth spurt, Susy realised it was time to hire more staff and expand her mobile corporate massage business. Here’s how she did it.
