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Inside Prospa

Product updates, news and insights from the Prospa team.
For all media enquiries: [email protected]

Announcements
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Awards

2025 Prospa Local Business Hero National Winner

We’re excited to announce that Catnap Cafe has been named this year’s Prospa Local Business Hero.

Check it out

2025 Prospa Local Business Hero National Winner

01 July 2025

Awards

Prospa named Best Employer Brand Winner  

01 May 2023

Insights

Insights from the New Zealand SME Banking Council

28 March 2023

Announcements
Community

Support is available for businesses affected by weather events

28 February 2023

Community

Nominate your 2023 Prospa Local Business Hero

24 February 2023

Announcements

Prospa delivers strong top-line growth despite changing economic conditions

24 February 2023

Awards

2025 Prospa Local Business Hero National Winner

01 July 2025

Awards

Prospa named Best Employer Brand Winner  

01 May 2023

Insights

Insights from the New Zealand SME Banking Council

28 March 2023

Announcements
Community

Support is available for businesses affected by weather events

28 February 2023

Community

Nominate your 2023 Prospa Local Business Hero

24 February 2023

Announcements

Prospa delivers strong top-line growth despite changing economic conditions

24 February 2023

Most recent

All ³¹
Announcements ⁹
Insights ⁷
News ⁶
People ⁵
Awards ²
Community ²

01 Jul 2025

Awards

2025 Prospa Local Business Hero National Winner

01 Jul 2025

14 Feb 2025

Prospa's Adrienne Begbie on SMEs' increased use of non-banks

14 Feb 2025

01 Nov 2023

Announcements

Prospa launches first SME lending app in New Zealand

01 Nov 2023

13 Jun 2023

2023 Prospa Local Business Hero named

13 Jun 2023

01 May 2023

Awards

Prospa named Best Employer Brand Winner  

01 May 2023

28 Mar 2023

Insights

Insights from the New Zealand SME Banking Council

28 Mar 2023

Prospa solutions

Prospa
Small Business Loan

Quick access $5K - $150K

Learn more

Prospa
Business Loan Plus

Larger loans $100K - $500K

Learn more

Prospa
Line of Credit

Ongoing access to funds up to $150K

Learn more

Get started

Which product are you interested in?

Apply for funds

Small business lending  to match your business needs

Open an account

A business transaction account to help you manage cash flow

Compare our products

Select Product #1

Small Business Loans
Business Loan Plus
Line of Credit

Select Product #2

Small Business Loans
Business Loan Plus
Line of Credit

Best for when you need

Fast access to funds

Funds for bigger plans

To build cash flow confidence

Fast access to funds

Funds for bigger plans

To build cash flow confidence

Eligibility

6 months minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

3 years minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum 2 years trading history
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

6 months minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

3 years minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum 2 years trading history
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Asset security

No upfront property security for up to $150K in Prospa funding

Security may be required when accessing over $150K in Prospa funding

No upfront property security for up to $150K in Prospa funding

Security may be required when accessing over $150K in Prospa funding

No upfront property security for up to $150K in Prospa funding

Loan size

From $5K to $150K

From $150K to $500K

From $2K to $500K

From $5K to $150K

From $150K to $500K

From $2K to $500K

Loan term

Up to 3 years

Up to 5 years

2 years, with option to renew

Up to 3 years

Up to 5 years

2 years, with option to renew

Interest

Fixed interest rate

Both products do not require Asset security Interest calculated on the funds you use, not on the limit.

Fixed interest rate

Both products do not require Asset security Interest calculated on the funds you use, not on the limit.

Payments structure

Receive your full loan amount as a lump sum

Use and reuse as often as you like during 24 month renewable term

Receive your full loan amount as a lump sum

Use and reuse as often as you like during 24 month renewable term

Repayment frequency

Weekly

Both products are repaid weekly Only pay interest on what you use + weekly service fee 0.046%

Weekly

Both products are repaid weekly Only pay interest on what you use + weekly service fee 0.046%

Online access

Prospa App and Prospa Online

Both products can be accessed through the Prospa App and Prospa Online

Prospa App and Prospa Online

Both products can be accessed through the Prospa App and Prospa Online

Dedicated lending specialist

Yes

Visa debit card not available Yes

Yes

Visa debit card not available Yes

Visa debit card

Dedicated lending specialist not available No

Apply now Read more

Apply nowRead more

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 0800 005 797

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Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 0800 005 797

We’ve received your details.

We’ll be in touch soon. In the meantime, get a head start with a few business questions.

Contact information

Business Details

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Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Thanks for contacting us! We will get in touch with you shortly.

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 0800 005 797

We’ve received your details.

We’ll be in touch soon. In the meantime, get a head start with a few business questions.

Contact information

Business Details

First name ^{*required field}

Last name ^{*required field}

Phone number ^{*required field}

Email address ^{*required field}

By clicking continue I agree with Prospa's consent information and privacy policy.

Search by NZBN or legal trading name:

How much are you looking for? ^{*required field}

Monthly revenue ^{*required field}

How will you use the funds? ^{*required field}

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Back

By clicking submit I agree with Prospa's consent information and privacy policy.

Thanks for contacting us! We will get in touch with you shortly.

Talk to a specialist

Our lending specialists are usually in contact with you within the next 2 hours. Need an answer now?

Call us on 0800 005 797

What can we assist with?

Business Loan

Line of Credit

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Inside Prospa

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2025 Prospa Local Business Hero National Winner

2025 Prospa Local Business Hero National Winner

Prospa named Best Employer Brand Winner

Insights from the New Zealand SME Banking Council

Support is available for businesses affected by weather events

Nominate your 2023 Prospa Local Business Hero

Prospa delivers strong top-line growth despite changing economic conditions

2025 Prospa Local Business Hero National Winner

Prospa named Best Employer Brand Winner

Insights from the New Zealand SME Banking Council

Support is available for businesses affected by weather events

Nominate your 2023 Prospa Local Business Hero

Prospa delivers strong top-line growth despite changing economic conditions

2025 Prospa Local Business Hero National Winner

Prospa's Adrienne Begbie on SMEs' increased use of non-banks

Prospa launches first SME lending app in New Zealand

2023 Prospa Local Business Hero named

Prospa named Best Employer Brand Winner

Insights from the New Zealand SME Banking Council

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa named Best Employer Brand Winner  

Prospa named Best Employer Brand Winner  

Prospa named Best Employer Brand Winner  

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit