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Uncategorized

What Is A Prospa Fixed Investment Account?

March 13, 2024 Taff Alabi No comments yet

Never have we heard a business owner complain of too much revenue. And of course, too much revenue isn’t a phrase here at Prospa.  There’s no limit to how much you can achieve in revenue whether as a small or medium sized business. The main goal is to make money and we’re here to make […]

Small Business Tips, Uncategorized

Selecting a Business Bank Account: An Entrepreneur’s Guide

January 25, 2024 Taff Alabi No comments yet

  Don’t open a business bank account with just any bank! Selecting a business bank account to open and use for the day to day running of your business and transactions is an important decision. As an entrepreneur there are several factors you should take into consideration when thinking about establishing a relationship with any […]

Small Business Tips

Mastering the Art of Financial Management in Business: A Guide for Entrepreneurs

January 24, 2024 chioma No comments yet

  We’ve intensified our mission to empower entrepreneurs in building financial prosperity and last year we spent a considerable amount of time talking to our members about what they need to grow. One topic that is always discussed and highlighted as important is access to capital, whether that be equity or debt, entrepreneurs are always […]

Finance

Leveraging Good Debt for Business Growth: An Entrepreneurs Guide

Sticky January 22, 2024 chioma No comments yet

Don’t be afraid of debt. Many entrepreneurs and businesses are utilizing debt to their advantage. Understanding debt and how you can use “good debt” to scale your business is what this article is about. When used wisely good debt can be a powerful strategy that contributes to business growth and long term business success. What […]

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Prospa is a global fintech company. Banking and other financial services are provided by licensed and regulated institutions in their respective jurisdictions. Access to products and services may differ depending on the country you are in when using Prospa. 

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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: