Main Navigation
Products
Compare Business Loans
Small Business Loan
Quick access to
$5K
–
$150K
Business Loan Plus
Larger loans of
$150K
–
$500K
Line of Credit
Ongoing access to funds up to
$500K
Bill Pay
Easily manage and pay bills
Sync to Xero
Connect transactions from a Prospa Business Line of Credit
Prospa App
Manage your cash flow wherever your business takes you
Partners
Partners
Meet the Team
Partner Registration
Partner Portal Login
Blog
About
About
At Prospa, we’re pioneers of simple, stress free and seamless financial management.
0800 005 797
Contact us
About
News
Careers
Investors
Log in
Log in
Are you a Prospa customer or a partner?
Customer
Partner
Get started
Get started
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
Small Business Loans
Business Loan Plus
Line of Credit
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
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
Fixed interest rate
Both products do not require Asset security
Interest calculated on the funds you use, not on the limit.
Fixed interest rate
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
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
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
Weekly
Both products are repaid weekly
Only pay interest on what you use + weekly service fee 0.046%
Weekly
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
Prospa App and Prospa Online
Both products can be accessed through the
Prospa App and Prospa Online
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
Yes
Visa debit card not available
Yes
Yes
Yes
Visa debit card not available
Yes
Visa debit card
No
No
Dedicated lending specialist not available
No
No
No
Dedicated lending specialist not available
No
Apply now
Read more
Apply now
Read more
Apply now
Read more
Apply now
Read more
Apply now
Read more
Apply now
Read 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
