Prospa Business Loans

Get a good business loan from New Zealand’s leading small business lending specialist. When you get a business loan with Prospa, you can take advantage of a faster and easier process. Borrow between $5,000 and $500,000 over terms of 3 to 36 months. It also doesn’t require any security in order to access up to $150,000. Additionally, approved Prospa business loans come with the option of no repayments for the first 4 weeks.

Prospa generally offers two types of loans: The Prospa Small Business Loan is perfect for helping Kiwis cover unexpected expenses, while also giving a faster approval time of just 24 hours.

prospa business loans nz

Benefits of Prospa’s Small Business Loans

On the other hand, their Prospa Plus Business Loan is helpful for larger loans that are best for making bigger investments, while also retaining a smooth application process with support from a dedicated specialist.

Prospa Business Loans - Interest Rates & Terms

Prospa Small Business Loans

Prospa’s small business loans provide a practical source of funding for small businesses without requiring them to go through the complicated loans processes offered by banks and other traditional lenders. The primary draw offered by these loans is their convenience, with owners getting their funds in just 24 hours.

Prospa’s small business loans allow borrowers to get between $5,000 to $100,000, under terms ranging from 3 to 24 months. Interest rates will also be based on the borrower’s specific circumstances, and there’s no asset security required upfront. No need for repayments for the first 4 weeks as well, giving people some breathing room to focus on their operations.

Prospa Plus Business Loans

When it’s time to start setting sights on growth opportunities, Prospa Plus can help provide the larger funds needed to invest in these ventures. Prospa Plus allows people to borrow loans between $100,000 and $500,000, under a fixed term of up to 36 months. There’s also an early payout option available as well as no repayments for the first 4 weeks.