Main Navigation

Blog
News
Partners

Blog
News
- - News home
  - Announcements
  - Insights
  - News
  - People
  - Community
  - Awards
Partners

Log in
- Log in
  Are you a Prospa customer or a partner?
  - Customer
  - Partner
Get started

Content types

Guide
Video
Infographic
Customer story
Resources

Topics

Cash flow
Technology
Marketing
Business planning
Innovation
Leadership
Finance

Industries

Building and trade
Professional services
Health and beauty
Hospitality
Transport

Prospa solutions

Prospa small business loan
Prospa business loan plus
Prospa business line of credit
Prospa business account
Prospa app

Partner blog

A curated collection of content for our partners

Inside Prospa

Product updates and insights from the Prospa team

Footer

Community

All ⁸
Growing your business ⁵
Small business inspiration ²
Manage your finances ¹

01 Apr 2022

Manage your finances
Small business inspiration
Business finance
Cash flow
Community
Growth
Small business loan
Video

How Prospa helped the newly-wed owners of a fruit picking business to thrive

01 Apr 2022

15 Mar 2022

Growing your business
Community
Instagram
Marketing
Social Media

Skating to social media marketing success

15 Mar 2022

11 May 2021

Growing your business
Community
COVID
Family

Local Business Hero of the Year 2021: Bossman Dairy

11 May 2021

08 Mar 2021

Growing your business
Community
Consistency
Financial skills
TAGS Challenges

7 pearls of business wisdom from rockstar women entrepreneurs

08 Mar 2021

07 Jul 2020

How to build links in your social community - prospa nz

Growing your business
Community
COVID-19
Social enterprise
Sustainability

How your small business can build links in your community

07 Jul 2020

16 Jun 2020

Growing your business
Community
Local business hero
Retail

Meet New Zealand’s Local Business Hero of the year

16 Jun 2020

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

6 months 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

6 months 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

We've detected your location as Australia.
Is this correct?

If so, we can direct you to prospa.com

Go to prospa.com (AU)

Stay on prospa.co.nz (NZ)

Don't show again

Confirm

Home
Small Business Loan
Business Loan Plus
Business Line of Credit
Business Loans New Zealand
Business Loan Calculator

About
News
Careers
Blog
Contact us
Feedback
Prospa Wiki

Privacy Policy
Consent Information
Prospa Reviews
Community Guidelines
Sitemap

Eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants.

Fees, terms and conditions apply.

FSP663891 | NZBN 9429046731678

Download the Prospa App

Log in

Customer

Partner

Categories

Content types

Topics

Industries

Prospa solutions

Partner blog

Inside Prospa

Community

How Prospa helped the newly-wed owners of a fruit picking business to thrive

Skating to social media marketing success

Local Business Hero of the Year 2021: Bossman Dairy

7 pearls of business wisdom from rockstar women entrepreneurs

How your small business can build links in your community

Meet New Zealand’s Local Business Hero of the year

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit