Business loan calculator
Find out what your repayments might look like
Calculations are based on information you provide and may assist you in making your own projections, however they are not forecasts and do not represent all Prospa products. The information in this calculator is by way of example only and is not a prediction or financial advice. The information in the calculator does not constitute an offer to lend or imply that any particular Prospa product is suitable for you. This calculator uses a fixed annual percentage rate (APR) of 31% as the interest rate and an origination fee of 4% to calculate repayments which include principal, interest and fees for the loan amount and loan term you input. Subject to law, Prospa will not be liable for any loss or damage caused by your use of the calculator. Terms and conditions and standard credit criteria apply to Prospa products.
Explore the flexibility of a Prospa business loan
Small business loan calculators tend to use average interest rates and loan terms to calculate loan repayments, which may or may not be realistic. At Prospa, we understand that all businesses are different, and business loan interest rates can vary due to a number of factors such as industry, years in business, cash flow and creditworthiness.
Rather than trying to provide you a standardised business loan quote, we would love the opportunity to get to know you and your business so we can provide you with an accurate business loan quote based on your unique situation and needs. In fact, Prospa can offer lower interest rates and better terms to applicants with the strongest cash flows, business experience and credit ratings.
Get started by filling out our free, no-obligation loan application form below – and we’ll be in touch shortly.
Why Prospa?
We’re New Zealand’s small business lending specialist.
Awards, thanks to your support
It's nice to know we're doing something right
Year | Award | Category |
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2023 | FINNIES Fintech Australia Awards | Winner, Excellence in Business Lending |
2023 | LinkedIn Talent Awards | Winner, Best Employer Brand |
2021 | FinanceAsia Achievement Awards | Winner, Most Innovative Deal |
2022 | New Zealand Mortgage Awards | Excellence Awardee, Best Non-Bank BDM |
2022 | New Zealand Mortgage Awards | Excellence Awardee, NZ Non-Bank of the Year |