Main Navigation

Blog
News
Partners

Blog
News
- - News home
  - Announcements
  - Insights
  - News
  - People
  - Community
  - Awards
Partners

Log in
- Log in
  Are you a Prospa customer or a partner?
  - Customer
  - Partner
Get started

Content types

Guide
Video
Infographic
Customer story
Resources

Topics

Cash flow
Technology
Marketing
Business planning
Innovation
Leadership
Finance

Industries

Building and trade
Professional services
Health and beauty
Hospitality
Transport

Prospa solutions

Prospa small business loan
Prospa business loan plus
Prospa business line of credit
Prospa business account
Prospa app

Partner blog

A curated collection of content for our partners

Inside Prospa

Product updates and insights from the Prospa team

Footer

Small business

All ¹⁰
Manage your finances ⁴
Growing your business ⁴
Day to day hustle ¹
Small business inspiration ¹

11 Oct 2022

Manage your finances
Cash flow
Credit score
Finance
Small business

How to get a business loan

11 Oct 2022

22 Feb 2022

Manage your finances
EOFY
Small business
Tax

6 steps for EOFY success

22 Feb 2022

29 Nov 2021

Growing your business
Small business inspiration
Cash flow
Small business

This time tomorrow: Franchising to move forward

29 Nov 2021

22 Oct 2021

Day to day hustle
Growing your business
Flexibility
Hospitality
Lockdown restrictions
Small business

5 ways to finish the end-of-year strong

22 Oct 2021

23 Jun 2021

Growing your business
Online store
Small business

5 tips for upselling without upsetting

23 Jun 2021

08 Jun 2021

Manage your finances
Accounts receivable
Cash flow
Cash flow forecast
Inventory
Small business

Tips on managing working capital for resilience and growth

08 Jun 2021

Prospa solutions

Prospa
Small Business Loan

Quick access $5K - $150K

Learn more

Prospa
Business Loan Plus

Larger loans $100K - $500K

Learn more

Prospa
Line of Credit

Ongoing access to funds up to $150K

Learn more

Get started

Which product are you interested in?

Apply for funds

Small business lending  to match your business needs

Open an account

A business transaction account to help you manage cash flow

Compare our products

Select Product #1

Line of Credit
Small Business Loans
Business Loan Plus

Select Product #2

Line of Credit
Small Business Loans
Business Loan Plus

Best for when you need

To build cash flow confidence

Fast access to funds

Funds for bigger plans

To build cash flow confidence

Fast access to funds

Funds for bigger plans

Eligibility

Minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Minimum trading history applies
Over $6K monthly turnover
Active NZBN and valid driver’s licence
Good credit history

Asset security

No upfront property security for up to $150K in Prospa funding

Security may be required when accessing over $150K in Prospa funding

No upfront property security for up to $150K in Prospa funding

Security may be required when accessing over $150K in Prospa funding

Loan size

From $2K to $500K

From $5K to $150K

From $150K to $500K

From $2K to $500K

From $5K to $150K

From $150K to $500K

Loan term

2 years, with option to renew

Up to 3 years

Up to 5 years

2 years, with option to renew

Up to 3 years

Up to 5 years

Interest

Both products do not require Asset security Interest calculated on the funds you use, not on the limit.

Fixed interest rate

Both products do not require Asset security Interest calculated on the funds you use, not on the limit.

Fixed interest rate

Payments structure

Use and reuse as often as you like during 24 month renewable term

Receive your full loan amount as a lump sum

Use and reuse as often as you like during 24 month renewable term

Receive your full loan amount as a lump sum

Repayment frequency

Both products are repaid weekly Only pay interest on what you use + weekly service fee 0.0046%

Weekly

Both products are repaid weekly Only pay interest on what you use + weekly service fee 0.0046%

Weekly

Online access

Both products can be accessed through the Prospa App and Prospa Online

Prospa App and Prospa Online

Both products can be accessed through the Prospa App and Prospa Online

Prospa App and Prospa Online

Dedicated lending specialist

Visa debit card not available Yes

Yes

Visa debit card not available Yes

Yes

Visa debit card

Dedicated lending specialist not available No

Apply now Read more

Apply nowRead more

Home
Small Business Loan
Business Loan Plus
Business Line of Credit
Business Loans New Zealand
Business Loan Calculator

About
News
Careers
Blog
Contact us

Privacy Policy
Consent Information
Prospa Reviews
Community Guidelines
Sitemap

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.

FSP663891 | NZBN 9429046731678

Download the Prospa App

Log in

Customer

Partner

Categories

Content types

Topics

Industries

Prospa solutions

Partner blog

Inside Prospa

Small business

How to get a business loan

6 steps for EOFY success

This time tomorrow: Franchising to move forward

5 ways to finish the end-of-year strong

5 tips for upselling without upsetting

Tips on managing working capital for resilience and growth

Prospa Small Business Loan

Prospa Business Loan Plus

Prospa Line of Credit

Prospa
Small Business Loan

Prospa
Business Loan Plus

Prospa
Line of Credit