In this article:
Prospa is bringing back their highly effective end-of-year promotion to continue their support to Aussie small businesses and partners. Small business owners resonate highly with Prospa’s campaign offer at this time of the year as the festive season can add challenges and opportunities to cash flow and a no repayment period allows them to focus on their immediate business needs.
Please see the details below.
EOFY Promotional Details
Promotional period: 24 October – 31 December 2022 (inclusive)
Prospa is offering no repayments for up to the first 8 weeks on their Small Business Loan & Prospa Plus Business Loans to allow businesses to focus on the here and now. This will extend their loan term and interest will accrue from the settlement date to the end of the term. T&Cs apply, click here.
1. Boost commission
Accredited partners will earn extra commission above the usual rates for all new customers referred and settled by 30 June 2022:
- For Prospa Small Business Loan with the disbursed amount of up to $150,000 – Earn 6% (2% increase from usual rate)commission for first time & new referral customers.
- For Prospa Plus Business Loan with the disbursed amount over $150,000 – Earn 5% (1% increase from usual rate) commission for first time & new referral customers.
- For Prospa Line of Credit – Earn 5% (2% increase from usual rate) on First Drawdown commission for the first time & new referral customers.
Terms and conditions apply – click here.
2. Partner Small business Loan offer
Accredited partners can also apply for a loan to invest in their own business. Loan options of up to $150,000 available with a fixed Annual Simple Rate of 14.9% p.a.
Credit assessment, fees, terms, and conditions apply – click here.
For any questions please reach out to your BDM.