Prospa Small Business Loan – loan application
Contact
CompanyProspa Advance Pty Ltd
AddressLevel 23, 1 Market Street, Sydney NSW 2000
Websitehttps://www.prospa.com
Representative example
Loan amount$7,500
Term60 months
Interest from9.90%
Monthly repayment$159
Total interest cost$2,039
Total amount payable$9,539
* This is an indicative example only. Actual rates and fees are set by the lender at approval.
Quick overview
Loan amount$5,000 – $500,000
Term3 – 60 months
Interest from9.90%
ApprovalSame day, funding in hours
EligibilityAustralian businesses, 6+ months trading, $6,000+ monthly turnover
Online applicationYes
Loan requirements
- ✓ At least 6 months trading history
- ✓ Monthly turnover of $6,000 or more
- ✓ Active ABN
- ✓ Business owner 18+ and Australian citizen or permanent resident
- ✓ Valid driver's licence
- ✓ Good credit history
Loan features
- Borrow $5,000 to $500,000
- Terms up to 5 years
- No property security up to $150,000
- Weekly repayments
- Apply in 10 minutes online
- Same-day approval possible
Ready to apply?
Go to Prospa Small Business Loan official website ad