Prospa New Zealand

Welcome to Prospa New Zealand, located at 21 Como Street, Auckland. We are a leading financial institution offering a range of lending solutions designed to match your business needs. Whether you're looking to manage cash flow, purchase stock and equipment, cover unexpected expenses, or fund growth and renovations, we have the right loan options for you.

With Prospa, you can borrow from $5,000 to $100,000 as a lump sum over a fixed term of up to 36 months. This option is perfect for small businesses looking for quick access to funds. Additionally, we offer loans from $100,000 to $500,000, which can be used for larger investments such as expansion, renovations, and equipment purchases.

Our unique feature is the ongoing access to funds up to $150,000, where you only pay interest on the funds you utilize. This is an ideal solution for managing cash flow and unexpected expenses.

To be eligible for a business loan with Prospa, you need to be a New Zealand Citizen or Permanent Resident, over 18 years of age, and own a New Zealand business with a valid NZBN/IRD. Minimum trading history applies.

Applying for a loan with Prospa is quick and easy. Simply complete our online form in just 10 minutes, and one of our dedicated business lending specialists will get in touch to guide you through the process.

We understand the urgency of your business needs, which is why we strive to provide quick responses. For our Small Business Loan ($5K to $100K), we can often provide a response within one hour if you apply during standard business hours and allow us to use our advanced bank verification system to instantly verify your bank information online. If you choose to upload copies of your bank statements, we can still provide a decision in as little as one business day.

For our Plus Business Loan ($100K to $500K), we may be able to provide you with conditional pre-approval in around 6 hours. Once you sign the pre-approval, final approval typically takes 2-3 days, although some deals have been approved in as little as 24 hours.

We understand that every business is unique, which is why we consider a variety of factors to determine the health of your business and the level of repayments it can support. The specific circumstances of your business will determine the total amount of your loan.

At Prospa, we prioritize the security and privacy of your information. We use industry recognized encryption standards and are ISO 27001 certified for our commitment to customer security. Our advanced bank verification system allows us to instantly verify your bank account information online, ensuring a fast response.

Please note that eligibility and approval are subject to standard credit assessment, and not all amounts, term lengths, or rates will be available to all applicants.

Choose Prospa for your business lending needs and experience a hassle-free loan process tailored to your business requirements. Apply now and let us help you grow and succeed.