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All ¹⁵
Small business inspiration ¹⁰
Manage your finances ³
Growing your business ²

02 Aug 2023

Manage your finances
Small business inspiration
Cash flow
Customer success story
Line of credit
Small business loan
Video

Meet the entrepreneur who rebuilt a struggling equipment hire business

02 Aug 2023

14 Jul 2022

Growing your business
Manage your finances
Small business inspiration
New Zealand small business
Prospa success story
Small business loan
Video

How Matley has grown 15% by investing in people and technology

14 Jul 2022

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

17 Dec 2021

Growing your business
Small business inspiration
Cash flow
Video
Working capital

Business growth: From the garage to $100k monthly turnover

17 Dec 2021

09 Apr 2021

Small business inspiration
Foot traffic
Growing
Shop fit out
Signage
Video

How this local florist found fresh ways to flourish

09 Apr 2021

09 Feb 2021

Small business inspiration
Business growth
COVID-19
Equipment
Marketing
Materials
Production
Resilience
Small business loan
Video

How this printing business quickly pivoted to meet new demand

09 Feb 2021

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

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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}

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Search by NZBN or legal trading name:

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Monthly revenue ^{*required field}

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

Back

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Back

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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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Video

Meet the entrepreneur who rebuilt a struggling equipment hire business

How Matley has grown 15% by investing in people and technology

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

Business growth: From the garage to $100k monthly turnover

How this local florist found fresh ways to flourish

How this printing business quickly pivoted to meet new demand

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit