Advertorial: EOFY Hospitality Finance offer

Small business owners who are considering purchasing business equipment or assets, could benefit from Prospa’s EOFY offer. For a limited time, all new Prospa loans come with a four-week repayment holiday*. Some items may even be eligible for the $20,000 instant asset write-off if purchased before 30 June.

Find out more here.


News: Prospa raises the bar with ASX listing

Australia’s #1 online lender to small business, Prospa, announced last month it was taking its business to the next level with a public listing on the ASX.

The initial public offering has just completed, with share trading commencing this week. Prospa plans to use the funds raised for future growth and expansion across new geographies and product categories.

Having delivered more than half a billion dollars in loans to small businesses, Prospa has been a staunch supporter of the hospitality industry since its inception in 2012. Around 20% of its 12,000 customers have been from the hospitality industry – from cafés, restaurants and hotels to catering companies, food wholesalers and producers.

Joint CEO Beau Bertoli says as a public company, Prospa’s obsession with customer experience will not change. “We’ll continue to strive to exceed customers’ expectations, be looking for new ways to improve the success of small businesses.”

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