Apply for small business funding in as little as 10 minutes
If you need funds to make business happen, I may be able to help with a flexible funding solution. With a simple application process, fast decision and a dedicated business lending specialist, you could have funding within 24 hours.
Business Loans
$5,000 To $500,000
- Lump sum of $5K to $500K
- Fixed repayments over terms of 3 to 36 months
- No asset security required up front to access up to $150K in total funding
Use a Business Loan to add a new product or service, purchasing equipment or tools, growing or expanding the business, marketing campaigns, build a website and more.
Business Line of Credit
UpTO $150,000
- Facility limit up to $150K
- Use and reuse as often as you like
- Only pay interest on what you use
- Renewable 24 month term
Access funds 24/7 with Prospa Online
Use your Business Line of Credit to manage cash flow gaps, pay staff wages, cover unpaid invoices, buy urgent stock, manage seasonal fluctuations, pay suppliers, manage late paying customers and more.
How it works
Apply in as little as ten minutes, get a fast decision and funding is possible in 24 hours – so you can get on with business, sooner.
- Apply in 10 minutes
- Get a fast decision
- Funding possible in 24 hours
What you need to apply
- Passport or drivers licence
- New Zealand business number
- Bank details of your main trading account
- Minimum 6 months of business bank statements^ (You can use the electronic bank statements link which is secure, quick and easy to use.)
- Monthly turnover of more than $6K
- Business financials for certain loan amounts may be required
- Minimum trading history periods apply
SCENARIOS
Agriculture
Opportunity: A milk production business needed funds to cover an invoice gap.
Solution: In this industry, it’s not entirely uncommon for
invoices to stretch to 60 or 90 days. A loan of $12,400 over
12 months took the burden off cash flow and helped the business owner focus on getting back to business.
Engineering
Opportunity: An engineering firm needed an expensive
new computer and software package.
Solution: A loan of $30,750 was turned around quickly
so the business owner could purchase the high-end IT
and get on with building his business with more clients.
Talk to us today
If you are looking for longer term funding options or would prefer to talk with our team first, to get advice on funding solutions, you can also contact us.