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February 2022

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February 2022

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Small Business Tips

Project management tools to keep you organised

February 24, 2022 Prospa Team No comments yet

When you’re managing multiple projects and staff it can be challenging to stay on top of business operations if you don’t have watertight processes. Whether you have a growing startup or an established enterprise, it’s imperative to implement a working structure so everyone knows their roles and responsibilities. Some practical advice for effective project management: […]

Small Business Tips

Turn your customers into brand ambassadors

February 21, 2022 Prospa Team No comments yet

Customers are the lifeblood of any business, but how can you increase customer lifetime value to ensure more customers spend with your business more often? By converting your customers into brand ambassadors who will evangelise about how amazing your business is. An army of brand ambassadors will be more powerful than any marketing team because […]

Prospa Stories

#MemberStories How Lucy turned her culinary passion into a growing food brand with Prospa

February 18, 2022 Prospa Team No comments yet

Lucy’s love affair with food and cooking began as a child; following her mother around markets to source the best ingredients then joining her in the kitchen to create delicious meals for special occasions. As her business goes from strength to strength, Prospa chatted with Lucy to find out the inspiration behind her business, the […]

Product Guides

Steps You Can Take To Ensure Your Account Is Safe

February 10, 2022 Prospa Team No comments yet

Here at Prospa, the safety and security of our members’ accounts is our highest priority. We’ve noticed fake Instagram accounts are spamming our followers alerting them to a prize giveaway then requesting confidential information in an attempt to scam our members. Remember, the Prospa team would never ask you for your password, PIN or login […]

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    Apply for a loan with Prospa

    Fill out the form below to get started, and enjoy competitive rates, fast approvals, and a team dedicated to supporting your financial journey.

    1. Personal Information

    Full Name of Business Owner:
    Gender:
    Phone Number:
    Email Address:
    Personal Credit Score Range:

    2. Business Information

    Business Name:
    Registered State:
    Registered Country:
    Registered Business Address:
    Business Turnover (Annual Revenue):
    Business EBITDA (If Known):
    Business Type:
    Year Established:
    Do you have any co-owners or partners in the business? YesNo

    Please provide their names and ownership percentages:

    3. Loan Information

    Amount of Loan Requested:
    Purpose of the Loan:

    4. Permissions

    Do you authorize Prospa to access your business financial statements and bank records to verify your financial information? YesNo
    Do you authorize Prospa to conduct background checks on you and your business as part of the loan approval process? YesNo
    Do you give permission for Prospa to run a soft credit check that won’t affect your credit score? YesNo
    Do you consent to Prospa sharing your data with partners if you are eligible for loans? YesNo
    Do you agree that Prospa can retain your information in its database for future reference and loan eligibility checks? YesNo

    5. Business Financials

    Please provide a brief description of your business:

    Have you previously taken a loan for your business? YesNo

    Please provide details (amount, purpose, and repayment status):

    What is your current cash flow situation?

    Do you have any business assets that could be used as collateral? YesNo

    Please list the assets and their estimated values:

    What differentiates your business from your competitors?

    What are your growth plans for the next 1-3 years?

    How do you plan to use the funds from this loan to achieve your goals?

    Is your business fully compliant with local regulations and licenses? YesNo

    If no, please explain:

    Do you have business insurance? YesNo

    If yes, please specify the type of coverage: