Unsecured term
Prospa Small Business Loan
- Unsecured
- Decisions in 24-48 hours
- Daily or weekly repayments
Fast unsecured SME term lending up to $500k
View current rate at Prospa Specialist
Prospa
SydneyFounded 2012ACL/Banking Licence 454782
Strengths
- Fast SME term loans (24-48 hour decisions)
- Listed on ASX
- Unsecured up to $500,000
- Strong broker channel relationship
Watch out for
- Pricing reflects unsecured SME risk premium
- Daily/weekly debit structures common
- Effective annual rate higher than headline
Prospa products
Editorial reference covering the product range Prospa offers and the structural strengths and trade-offs we observe in the market. For the current headline rate and comparison rate, click through to Prospa\'s own rate card; the live number sits with them.
Business loans
Line of credit
Prospa Line of Credit
- Draw and repay flexibility
- Pay interest only on drawn balance
Other specialists
Same lender category; compare side by side.
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.
Free · No obligation · One match
Get a quote across the broker panel
The Prospa rates above are publisher reference. The right product for your situation depends on income, deposit, credit profile, security and serviceability, and that comparison is what a broker does.
★★★★★4.9 across 320+ reviewsAustralian Credit Licence 505575Independent. Education first.