A quicker, easier way of loans
This is one way company financing should always be
You will need funds? We’ve got funds. And we’re able to set you up in as low as twenty four hours. No fuss application, quick choice – communicate with us in what you need and we’ll do our better to accomplish it.
Small Company Loan
Fast access to a lump sum payment to pay for one-off costs or spend money on your company.
$5,000 – $300,000 3 – 24 thirty days terms Fixed day-to-day or weekly repayments
Company Personal Credit Line
Ongoing use of funds that will help you confidently manage company cashflow changes.
$2,000 – $100,000 Renewable 12 month term pay only interest about what you employ
Could your business usage some help? Today get started.
Why Prospa? It’s way that is today’s borrow.
Option
Borrow up to $300K with 10 minute application, fast decision and financing feasible in a day
Help
Keep in touch with people that are real. Company Lending professionals who’re centered on getting you things you need, sooner.
Significantly more than 24,000 smaller businesses have borrowed over $1.35 billion from Prospa up to now. Join them.
“Prospa was actually advantageous to me personally. They’ve kept me personally in operation, as opposed to maybe finding it too difficult and determining I would definitely cease or offer. ”
Julie Wallace Verdaflore, NSW
Faq’s
Just how fast will a decision is got by me?
We could usually offer an answer in a single hour – so long as you use during standard business hours and permit us to make use of the advanced level bank verification system backlink to instantly validate your bank information on the web. We can provide a decision in as little as one business day if you choose to upload copies of your bank statements.
How quickly will the money is got by me?
On a business day and your application is approved, it is possible to have money in your account the next business day if you apply before 4pm.
Just how much could I borrow?
The amount that is total of loan is determined by the particular circumstances of one’s company. We cons $300,000.
How can you charge for the Prospa company loan?
We will assess the risk profile of your business and provide you with a customised offer including loan amount, term and interest rate when you apply for our business loan. Interest levels differ predicated on things such as your industry, just how long you’ve held it’s place in company, plus the wellness of one’s cashflow.
Once you take out a company loan with Prospa, the only real charge you will definitely incur is an origination cost. There are not any fees that are hidden our loans, and you’ll understand how much you ought to spend as soon as from day one. There’s no compounding interest, no additional charges for early payment with no extra charges (if you make your payments on time).
Should you want to get your own personal rate from Prospa, you really need to turn to 1300 882 867 or complete our simple online application.
Just how do repayments work?
To assist you avoid lacking repayments we provide texas installment loans repayments that participate in your money flow cycle – either daily or regular. They are immediately deducted from your own nominated company account.
Will my information be protected with Prospa?
Protecting your data, being clear on how we gather, utilize, exchange and protect your details, is of huge value and an essential section of our relationship with you. View our Privacy.
Could it be safe to connect my banking account into the Prospa platform?
Yes. We utilize industry recognised encryption requirements to guard your own personal, painful and sensitive and data that are financial a re ISO27001 certified, validating our commitment to consumer information protection and privacy. We utilize a sophisticated bank verification system url to immediately validate your banking account information online so we could supply a response that is fast.
Do i want security to get into funds?
Prospa cons $100,000.
In the event that you continue to fulfill your responsibilities beneath the center, such as for example re payment responsibilities (as detailed in your contract), protection won’t ever be expected. For facilities over $100,000, Prospa takes safety by means of a fee over your assets.
Do we be eligible for a funds with Prospa?
It is possible to submit an application for a Small Business Loan or Business Line of Credit capital with Prospa in the event that you:
- Can be an Australian Citizen (or resident that is permanent
- Are over 18 years, very own an Australian company (with a legitimate ABN/ACN)
- Can show six months of trading for a fresh company (or a few months when you yourself have bought a current company)
