prospa here
Take your business to the next level.
Apply for a business loan and get a decision within 24 hours.
Fast Business Loan
$2,000 – $50,000
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LOAN TERM:
91 Days – 36 months
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INTEREST:
From 1.8% monthly
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LENDING CRITERIA:
Own vehicles and/or properties*
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SUITABLE:
Business Start-ups
Established business owners
Commercial property users
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FEATURES:
Eligible for Line of Credit*
No Financials
No upfront fee
High LVR OK
Bad credit considered
Early pay out save interest
Interest tax deductable
Same Day Funding
Equity Business Loans
(Line of Credit)
$20,000 – $500,000+
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LOAN TERM:
91 Days – 36 months with optional extension block,up to 36 months
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INTEREST:
From 1.8% monthly
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LENDING CRITERIA:
Properties*
-
SUITABLE:
Business Start-ups
Established business owners
Commercial property users
-
FEATURES:
Eligible for Line of Credit*
No Financials
Internal Legal Team
Flexible payment plan
Fastest Settlements
Bad credit considered
Interest tax deductable
Early payout to save interest
Unsecured Business Loans
$1,000 – $300,000
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LOAN TERM:
91 Days – 12 months
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INTEREST:
From 3% monthly – Based on Risk
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LENDING CRITERIA:
Monthly sales $6,000
Good Credit
Fixed lease remaining
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SUITABLE:
Established business, minimum 6 months operational
All industry welcome
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FEATURES:
Pay out save interest
Daily repayment deduction (Mon-Fri)
Interest tax deductable
No Asset Required
Advance Features
We welcome all the Australian Small Business Owners, who are looking for:-
Inventory Finance
Machinery Loans
Commercial Car Loans
Equipment Finance
Business Cash Flow
Business Line of Credit
Loan that works for your business.
Fast, simple process with quick decisions.Our application process does not cost anything and its obligation free.
Apply NowI’m Interested, But First a Few Questions…
How do I apply?
Application is easy, all you need to click on “Apply Now” or “Get Started” button. Complete the application form by filling up all the details and submit it. One of our lending partners will contact you in the next business hours.
How fast can the loan be approved?
For most loan approvals can be in as little as 24 hours, once you submit all the required documents. Moreover, this is dependent on the heath of your business, but we will always get the loan approved as fast as possible, and we will be in contact to provide updates as often as you need.
What do I need to provide?
Your ABN/ACN details, driver’s licence, trading business bank details and some basic details about your business, this may include how long it has been operating, the structure and turnover. The more details you have, the better.
I’m a new business will I get approved?
The longer a business has been operating, the easier it is to get approved. However, we will examine each business as it currently stands. A new venture may be a higher risk, but that does not mean approval is impossible. Get in touch today so we can find a loan provider that suits.
What is the length of the loan?
The length of the loan can be determined by yourself and the business loans provider. However most often the minimum terms are 91 Days and the maximum are 36 months.
Can I pay the loan out early?
If you have the means to pay the loan out early, then this is a possible option; in some cases, the provider can offer a discount on the remaining interest.
What are the fees involved?
We do not offer loans from providers that have add-on fees to your loan. We see this as being unethical and it is not something that we do. The minimum interest rate is 9.9%p.a. and it will go upto a maximum of 26.5%p.a.
What if I’m not happy with the rate offered?
We will always try our best to get a good rate for our clients, but the rates are usually determined by the providers and their risk assessment results.
What if I decided not to accept the loan?
Our services come with no obligation to take the loan that has been offered.
Do I need security for the loan?
In most cases security is not required for the loan to be approved. Loans are often based on a business risk assessment, so security is not needed. Which is perfect for business that are not heavily invested in material items.
What can the loan be used for?
The loan can be used for any business endeavour. If you can provide details on what the loan will be used for and how it will affect your business, this can go in your favour for reducing your business risk assessment.
Terms & Conditions
Lowest rate is 1.8% p.m. simple interest rate. The lender uses a risk-based pricing model to determine applicable rates using factors such as industry, years in business, cash flow and creditworthiness. The lowest rate is only available to applicants with the strongest cash flows, business experience and credit ratings. Eg. a $10,300 12-month loan (comprising a $10,000 disbursement and $300 origination fee) with a simple interest rate of 9.9% p.a. would have total repayment amount of $11,320. Approval is subject to credit assessment. Fees, terms and conditions apply. These rates apply to Lender’s small business loan product only.