Business Loan Interest Rates

Business finance designed for NZ small businesses

If you need a quick loan to take advantage of a once-in-a-lifetime growth opportunity, for working capital or to give your cash flow a boost, a Prospa small business loan may be just what you need. Borrow between $5,000 and $500,000 over terms from 3 to 36 months with no asset security required upfront to access up to $150,000. Our fast business loan online application takes as little as 10 minutes, you get a quick decision and, if approved, funding is possible in 24 hours. Easy.

Designed especially for the needs of small businesses in New Zealand, Prospa’s fast business loans have repayments that work in with your cash flow cycle. Know where you stand from the start with a Prospa SME business loan – including interest rates, terms and details about your repayments. Get in touch with our friendly team of NZ small business loan experts to discuss your business finance needs today.


Borrow up to $500K with 10 minute application, fast decision and funding possible in 24 hours


Talk to real people. Business Lending Specialists who are focused on getting you what you need, sooner.


Thousands of small businesses
have borrowed from Prospa.
You could benefit too.

Talk to a business lending specialist

Talk to a business lending specialist

Talk to a business lending specialist

Talk to a business lending specialist

Talk to a business lending specialist

How do you plan to improve your business?

Prospa small business loans offer a practical funding alternative for NZ businesses without the fuss associated with banks and other traditional lenders. Fixed interest rates mean you’ll know what your repayments are up front over the entire term, and there are no fees for early repayment. Talk to us about how we help you achieve your next goal.

Small business loans are great for:

  • Business renovations
  • Purchasing new or updated equipment/software
  • Improving infrastructure
  • Expanding your stock levels/range
  • Office or showroom renovations
  • Much more


Frequently asked questions

This is a common question, but business loan interest rates in New Zealand vary due to many factors. These include the type of facility (business loan, equipment loan, business overdraft, line of credit, credit card etc), the amount borrowed, what business assets the funds will be used for, whether the funds are unsecured or secured, whether it is a fixed rate or variable rate, and factors such as the industry the business operates in, how long the business has been running, whether the business has sufficient cash flow to support the loan, and the overall ‘health’ or creditworthiness of the business. There are loan calculators available online, but it’s best to talk to our friendly customer service team to see how they can help you get the best business loan interest rate for your NZ business. We’ve helped businesses across the North Island and the South Island with funds to grow and for cash flow support – we could help your business too.

Find out more about Prospa

Other questions? Talk to a specialist