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Prospa is on a mission to make financial management simpler for small businesses like yours.
Make business happen with lending products and a simple transaction account designed for what your business needs. Accessing the funds you need should be easy, so with Prospa there’s no lengthy application process and funding is possible in just hours. We get to know you so we can provide a solution that’s right for your business.
Manage your Prospa Business Account and funding products anytime, anywhere it suits you via the Prospa App or Online. Apply for funding of amounts between $2000 and $500,000, with repayments that work with your cashflow.
Join thousands of small businesses who’ve made business happen with the support of Australia's #1 online lender to small business.
Reviews 761
Meg
Sep 03,2024My experience was excellent from beginning to end. Staff were fabulous to deal with, and signing documents was so easily done online. money was in the bank within 5 minutes
Louise Delaney
Sep 01,2024As an existing client, I found the process of reapplying for a LOC smooth and effortless. Professional and super fast.
Alicia
Aug 30,2024Fast responsive service without the jargon, available to serve us quickly and get the problem solved within a couple of days. Professional processes but still personalised prompt service from Carina.
LST Support Services
Aug 28,2024Mitch from Prospa was exceptional with his service and dealt with all our questions and enquiries with professionalism and promptness. Mitch got us our funds within minutes after approval! Thank you for such a smooth process!
John Mattsson
Aug 27,2024The guys there made it so simple and easy and there so helpful in explaining how it all works we can highly recommend Prospa.
Roger Nielsen
Aug 27,2024the efficent way the whole process was handled and very quick delivery.
Wendy Plummer
Aug 27,2024Our experience was very good and super quick.
John Deluca
Aug 23,2024Second less than 1 star review Please see previous review this is a continuation of that . After an agreement was reached in repaying paying back my line of credit which in turn they changed to a loan of $51480 of $1000 per week which was stretching my financial ability I agreed through intimidation and again bullying from collections team . After repaying close to $21,000 my business was hit with unforeseen circumstances and I missed some repayments which I notified prospa about and explained my current financial situation . There response was as previous experience “sorry you need to make double payments per week to catch up “ plus interest and fees of over $9000 will be added to your loan , without any compassion at all . Now my loan total has increased to over $60,000. In these tough economic times small business suffers the most with no compassion at all from these scamming thieving companies like PROSPA . Please I beg you small business owners do not fall into the PROSPA trap they will ruin your existence financially, mentally and personally . Like they have many please read the 1 star reviews these are the legitimate ones
Sabrine Dannaoui
Aug 22,2024Amazing customer service. Very smooth and easy transaction. Thank you for ur support
Jemma Mcmillan
Aug 21,2024Completely blown away by the service and speed at which I received my loan! Very professional and I highly recommend.
Praveen Yadav
Aug 17,2024TAT for direct debit very very poor
Jonathan Wright
Aug 14,2024Fast and efficient service with friendly and helpful staff. You took my situation seriously and I’m pleased you were able to help
Joe
Aug 14,2024Very fast and straight forward process. Helped me get some quick finance a couple of times now for my business. The process could not be easier and smoother. Money within minutes after signing the terms.
Denis Keeffe
Aug 14,2024friendly and customer focused staff at Prospa - thanks
me me
Aug 13,2024great business recommend all the people were super nice to work with 5 out of 5 stars
Noel
Aug 12,2024The sign up procedure from the beginning to getting confirmed was easy and no issue, all our questions were answered and we had no issue at any stage Adrian was most helpful and answered and assisted with our queries in a very professional manner.
EPM PRINT GROUP PTY LTD
Aug 10,2024The communication I have received from our Account Manager - Grace Sagita, has not been effective at all. I have had no response yet to numerous emails and phone calls that I made to her over the past few days. I am still waiting for approval on an additional $35k loan which I have still heard nothing on. If I dont chase Prospa, nobody gets back to me. Very frustrating...
Scott Chappell
Aug 09,2024Great staff with expert knowledge. Fast and efficient service. These guys have a can do attitude and are always pleasant to deal with. I wouldn't use anyone else.
Sam
Aug 03,2024In my experience with Prospa I would highly recommend no one request a loan with this company. I had a great relationship with prospa until a builder went into liquidation. Instead of working with me prospa added over 4500 of fees as I was unable to make my payment on time even though I had sent emails explaining the situation. Legal notice after legal notice, many threats to sue and pretty much destroyed my company. I have finished paying all principle and interest but now I’m stuck paying over 4.5k in fees. I requested these fees to be dropped but was declined on more than 1 occasion. I tried to make a settlement offer which was rejected I was treated extremely poorly with prospa and continue to make threats. My business has suffered greatly because of prisons unwillingness to work with me and help me by dropping fees. Funny the name PROSPA, by business did anything but prospa with this company. Other loan companies I had loans through worked with me and helped me greatly, prospa was the only company that did not. Please do yourselves a favor and don’t put yourself in the same stress, anxiety and heartache as I did and get a loan through prospa . If I can give less than 1 star I would. They deserve minus. My life and mental health had been greatly impacted because of this.
Level 1, 4-16 Yurong Street, Sydney, 2010, Sydney, AU
https://www.prospa.com
Malcolm
Sep 04,2024I recently had the pleasure of securing short-term finance for my business through Prospa, and I couldn't be happier with the experience. From start to finish, Prospa exceeded my expectations in every way. The application process was incredibly straightforward and efficient. Prospa's team, specifically Mitch was responsive, professional, and genuinely cared about understanding my business's needs. Mitch took the time to listen and offered a tailored solution that was perfect for my situation. One of the standout aspects was the speed at which everything was handled. In the world of business, time is money, and Prospa understands that. I was able to access the funds quickly, allowing me to take advantage of an important opportunity without delay. Additionally, the transparency and clarity in communication were top-notch. I was always kept in the loop, and there were no hidden fees or surprises. Everything was laid out clearly from the start, which gave me great peace of mind. Prospa made what could have been a stressful process feel seamless and easy. Their dedication to supporting small businesses shines through in every interaction. I highly recommend Prospa to any business owner looking for a reliable and supportive financial partner. Thank you, Prospa, for helping my business grow!