Small business loans to match your business needs

  • With funding up to $300K
  • Fixed term up to 24 months
  • Fast decision and funding possible in 24 hrs

Apply now Talk to a specialist

We’re big believers in small business!

Kiwi small business owners believe in themselves. And at Prospa, we believe in them too.
That’s why we offer a no-nonsense approach to business lending.

Our customers enjoy flexible repayment options that work with business cash flow. You get a fast decision and funding is possible in 24 hours, and you can choose to delay repayments for the first four weeks (loan term will be extended and interest will accrue from settlement until the end of term).
Plus there’s no asset security required upfront to access Prospa funding up to $150K.

It’s why we’re New Zealand’s small business lending specialist.

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Small Business Loan

A lump sum to cover everyday business expenses and opportunities.

  • Loans between $5K and $100K
  • Fixed term between 3 and 24 months
  • Fast application and decision with funding possible in 24 hours
  • Flexible repayment options and early payout available
  • Optional no repayments for the first 4 weeks
  • No asset security required upfront to access Prospa funding up to $150,000
  • Minimum 6 months trading to apply
  • Interest rates based on your business circumstances
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Back to Business Loan

A larger amount to invest in business growth opportunities.

  • Loans between $100K and $300K
  • Fixed term up to 24 months
  • Smooth application with support from a Business Lending Specialist
  • Flexible repayment options and early payout available
  • Optional no repayments for the first 4 weeks
  • Asset security required upfront to access Prospa funding over $150,000
  • Minimum $100K monthly turnover and 3 years trading to apply
  • Interest rates based on your business circumstances

Why Prospa? It’s today’s way to borrow.

No more compromising or missed opportunities with Prospa by your side. Access funds for growth and cash flow support in a fraction of the time and without all the fuss. It’s just what we do.
We’re New Zealand’s small business lending specialist

 

Get started with a
Prospa Small Business Loan

Leave your details below and one of our Business Lending Specialists will get in touch to discuss how a Prospa Small Business Loan could help keep your business moving.


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Ready to apply?

Get started now, or speak to a Business Lending Specialist on 0800 005 797.

Apply now

THINGS YOU SHOULD KNOW

No repayment period available to approved customers who settle a new or refinanced Prospa Small Business Loan. Approved customers can elect to take an optional initial no repayment period of between 1 to 4 weeks from the loan settlement date, during which interest will accrue but no repayments will be required. Total loan repayment term will be extended by the time equal to the selected no repayment period (1 to 4 weeks) and interest will accrue from the loan settlement date until the end of the term. Interest that accrues on the loan during the no repayment period is capitalised and included in the total interest expense and forms part of the regular fixed daily or weekly repayments due on each payment date following the end of the no repayment period. Not available to refinance an existing Prospa Small Business Loan if the existing loan is currently within a no repayment period at the time of application. Product settings may be amended or withdrawn without notice. Standard credit approval criteria, fees, terms and conditions apply.