Prospa

About Prospa

With the clear vision of “changing the way small businesses experience finance”, the goal is to help and assist small businesses, which account for almost 98% of all businesses in Australia. With the financial arena full of money lenders helping large business firms, Prospa aims to stand by small business owners and help them gain the necessary momentum through financing that they need for their businesses. Wearing the crown of Australia’s number one money lender to small businesses, Prospa strives relentlessly to aid small businesses. Prospa has already helped more than 29,400 small businesses to realize their goals. Revolutionizing finance for the last 10 years, the company has partnered with several small businesses.

Features and Benefits of Prospa

Prospa is a business loan specialist in Australia that provides financing solutions for small and medium-sized businesses. Here are some of the features and benefits of using Prospa for your business loan needs:

• Fast and easy application process: Prospa's application process is simple and streamlined, with most loans approved within 24 hours.
• Flexible loan options: Prospa offers a range of loan options, including unsecured loans, lines of credit, and equipment finance. Loan terms range from 3 to 24 months.
• Competitive interest rates: Prospa's interest rates are competitive and transparent, with no hidden fees or charges.

Services offered by Prospa

The ultramodern and customer-centric services Prospa offers are plenty in number. The process through which Prospa works is efficient and hassle-free online application and transaction. Thousands of small businesses have borrowed from the company, and thus the company has a solid recommendation and review to go by. Customers have no dearth of help as business lending specialists are always ready to help them whenever they need any kind of assistance. A whopping amount of $ 500K can be borrowed within a period of 24 hours. Decisions are not kept pending.

Over 29,400 customers have been financially aided by Prospa and have achieved their business goals. In a competitive market where big banks and lenders look out for heavy-weight customers, Prospa is looking out for small and local companies and businesses. Prospa ensures that small businesses receive the financial aid they need to stabilize and grow their business without hassle, and lengthy paperwork.

The speedy and easy business loans have helped Prospa gain a strong clientele. The company focuses on helping local business owners to access the funds they need for their businesses.

• no penalties for early payouts
• flexible cash flow
• friendly repayment term
• business loans are available for 3 to 24 months
• Starting from $5,000 up to $150,000.
• No asset security is required upfront to access funding up to $150,000
• Applications take just 10 minutes
• funds in 24 hours.

Prospa has aided thousands of businesses, helped to expand stock and inventory, updated existing equipment, and broadened business capital and assets.

• Prospa has funded over $1.65 billion to 29,400 Australian businesses.
• 9/5 TrustScore.

1. Loans between $ 5000 and $ 500,000
2. Time period 3 to 36 months
3. Flexible payment options
4. Early payout available
5. No asset security is required for loans up to $ 150K
6. Applications take a mere 10 minutes
7. Funding is approved in 24 hours.

 The funds borrowed from Prospa can be used for various purposes,

1. For buying office furniture
2. Upgrading tools or equipment
3. Building website
4. Grow the business

Customers from all kinds of small businesses have benefited from Prospa. With 98% of businesses accounting for small businesses the intervention and function of Prospa have increased to a maximum level. Types of small business loans offered by Prospa,

Prospa Small Business Loan

1. 24 months and fixed rates
2. Funding in 24 hours
3. Asset security is not required for loan amounts up to $ 150K
4. Minimum $5K monthly turnover

Prospa Plus business loans

1. 36 months term fixed rates 2. business lending specialist 3. asset security required 4. minimum 1M annual turnover

Prospa Business Line of Credit

1. Renewable 24-month term
2. Funding in 24 hours
3. Interest applicable only on usage
4. 24/7 mobile app
5. $5K monthly turnover

Types of accounts in Prospa

Prospa Business Accounts

• payments instantly Send and receive payments, and set scheduled payments
• Manage account 24/7 Access to account whenever and wherever it suits through the mobile app.
• No hidden fees
• Prospa Visa Business Debit Card
• Use of Prospa Card everywhere

Prospa opening hours

Mentioned below are the opening hours of the Prospa, for the reference of the customer.

Day of the Week	Opening Time	Closing Time
Monday	8.30 AM	7 PM
Tuesday	8.30 AM	7 PM
Wednesday	8.30 AM	7 PM
Thursday	8.30 AM	7 PM
Friday	8.30 AM	7 PM
Saturday(customer service)	closed	closed
Sunday(customer service)	closed	closed
Saturday (faults and technical support)	closed	closed
Sunday (faults and technical support)	closed	closed

Prospa contact details

Mentioned below are the contact details of Prospa, which you can use in case of any doubts or queries:

Address	Prospa's headquarters are located at 1 / 4-16 Yurong St L, Sydney, New South Wales, 2000, Australia
State	New South Wales
City	Sydney
Phone Number	1300 472 673
Customer Care Number	1300 472 673
Phone (complaints)	1300 472 673
Prospa head office Address	Prospa's headquarters are located at 1 / 4-16 Yurong St L, Sydney, New South Wales, 2000, Australia