Prospa offers a range of funding options, including small business loans and lines of credit. The loans can be used for a variety of purposes, such as purchasing inventory, hiring staff, or expanding operations.The application process is quick and easy, with most applications receiving a decision within 24 hours. Small business owners can apply online and provide basic information about their business, such as their revenue and time in operation.Prospa proprietary technology platform allows them to assess the creditworthiness of a business quickly and accurately. They use a combination of traditional credit scoring methods and alternative data sources to make their lending decisions.Once approved, funds can be deposited into the business owner bank account within 24 hours. Repayment terms are flexible, with options for daily or weekly repayments. Prospa also offers a transparent fee structure, with no hidden fees or charges.Prospa has received numerous awards and recognition for its innovative approach to small business lending. They have helped thousands of small businesses across Australia access the funding they need to grow and thrive.

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