Let’s make business happen  

Unleash your business potential with fast funding solutions designed to simplify your business cash flow.
Apply in 10 minutes with 
funding possible in hours  
Choose a Business Loan or
Line of Credit – up to $500K 
Manage funds anytime 
in the Prospa App

One platform.

A range of funding solutions.

Small Business Loan

Same day access to funds to keep business moving. From $5K to $150K.

Small Business Loan

Same day access to funds to keep business moving. From $5K to $150K.

Business Loan Plus

A larger lump sum to invest in longer term plans. From $150K to $500K.

Business Loan Plus

A larger lump sum to invest in longer term plans. From $150K to $500K.

Line of Credit

Ongoing access to funds to simplify cash flow. From $2K to $500K.

Line of Credit

Ongoing access to funds to simplify cash flow. From $2K to $500K.

Already know what
you’re after? Apply now.
Need help? Talk to a specialist

Greater flexibility and control
To keep business moving

Interest savings

Make unlimited extra repayments on your business loan or only pay interest on what you use with our Line of Credit.

Easy cash flow management 

Manage your cash flow and bills anytime in the Prospa App. Plus utilise smart features like integration to Xero and Bill Pay.

The Prospa App
has launched

The Prospa App
has launched

If you're already a Prospa customer,
download our new app.

If you're already a Prospa customer,
download our new app.

Download Prospa App via App Store Download Prospa App via Google Play
http://on.prospa.co.nz/rmmoev
Prospa App
Prospa App

Why Prospa

About us

#1

online lender in New Zealand

12+

over 12 years of experience

$4B

Small business loans

50K

over 50K businesses funded

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FAQs

Common questions answered

You can apply for a business loan with Prospa if you;

are a New Zealand Citizen (or Permanent Resident)
are over 18 years, own a New Zealand business (with a valid NZBN/IRD)
minimum trading history applies

The application process is quick and easy. Simply complete the online form in 10 minutes and a dedicated business lending specialist will be in touch to guide you.

For the Prospa Small Business Loan ($5K to $150K) we can often provide a response in one hour – as long as you apply during standard business hours and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you choose to upload copies of your bank statements we can provide a decision in as little as one business day.

For the Prospa Plus Business Loan ($150K to $500K) we may be able to provide you with conditional pre-approval in around 6 hours. Once you have signed the pre-approval, turnaround times are around 2-3 days for final approval, however this may be quicker depending on the circumstances of each application. Some deals have been approved in 24 hours.

The fastest way is to make sure you apply during standard business hours and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you choose to upload copies of your bank statements it will take a little longer.

Once your application is approved and we release the funds, it is possible to have money in your account the next business day.

We provide loan amounts between $5K and $500K. When you make an application for a specific amount we consider a variety of factors to determine the health of your business and the level of repayments your business can support. The total amount of your loan will depend on the specific circumstances of your business.

When you make an application for a specific amount we consider a variety of factors to determine the health of your business and the level of repayments your business can support. The total amount of your loan will depend on the specific circumstances of your business.

Protecting your information, and being clear about how we collect, use, exchange and protect your information, is of huge importance and a vital part of our relationship with you. View our Privacy Policy.

Yes. We use industry recognised encryption standards to protect your personal, sensitive and financial data and we’re ISO 27001 certified for our commitment to customer security and privacy. We use an advanced bank verification system link to instantly verify your bank account information online so we can provide a fast response.

Eligibility and approval is subject to standard credit assessment and not all amounts, term lengths or rates will be available to all applicants. Fees, terms and conditions apply.