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Brand New: Virtual Cards 💳 & Global payments 🌍

April 26, 2024 Taff Alabi No comments yet

It’s launch day! 🎉🎉 Global payments and Virtual cards have just gone live on Prospa web and we’re excited to provide our members with more channels to pay and get paid. Virtual cards and global payments are currently available only on web. Here’s what you can do with Virtual card: How to access virtual cards: […]

Product Guides

Switching Between Your Business Accounts

December 13, 2023 Taff Alabi No comments yet

At Prospa, we’re dedicated to providing entrepreneurs with a seamless financial management experience, consolidating all their operations within a single, user-friendly app. With Prospa, managing multiple business accounts is a breeze – you can effortlessly own and operate two or more accounts without the hassle of constant logging in and out. Make Your Business Account […]

Product Guides

Claim Your Gift with Our Activation Bonus Promo!

June 24, 2023 Taff Alabi No comments yet

As a testament to our appreciation for your loyalty and support, we are delighted to extend an exclusive offer to you. Prepare to embark on a journey filled with unparalleled benefits and rewards through our Activation Bonus Promo! Activate Your Account and Claim Your Reward: Are you ready to unlock a treasure trove of benefits? […]

Product Guides, Uncategorized

Unlock Your Activation Promo Bonus with Prospa!

June 22, 2023 Taff Alabi No comments yet

Are you ready to receive a bonus of N2,000? It’s simple! Just deposit N100,000 or more into your Prospa Account, and that’s it! You’ll unlock N2,000 Activation Promo Bonus within 48 hours. And guess what? Your bonus will be waiting for you in your SAFE account, where it can earn interest too! Watch the video […]

Product Guides

Get an Activation Bonus with our Exclusive Offer

June 21, 2023 Taff Alabi No comments yet

At Prospa, we believe in recognizing and rewarding our dedicated members who utilise our powerful business tools to drive growth. That’s why we’re thrilled to introduce our latest promo designed to empower you and provide tangible benefits for your business. Read on to discover how you can earn an activation bonus and take your business […]

Product Guides

6 QUICK TIPS TO INCREASE SECURITY ON YOUR MOBILE APP DURING THE FESTIVE SEASON

December 23, 2022 Cythia Orji No comments yet

As we continue to provide you with the best and most convenient platform to grow your business, we want you to trust that we are taking extreme measures to keep our platforms secure and up to date. While we do our part to protect your account, here are a few simple steps that you can […]

Product Guides, Resources

A Fresh, New Way to Contact our Support Team

November 29, 2022 Cythia Orji No comments yet

Good customer service has always been at the core of our business. Everything we do here at Prospa, is guided by our members’ needs and our mission to help entrepreneurs achieve financial prosperity. That’s why we’re happy to introduce our in-app chat dedicated to member inquiries and support. The in-app chat is an avenue that […]

Product Guides

Meet Prospa’s Point-of-Sale Solution

October 5, 2022 Cythia Orji No comments yet

Most customers prefer paying with alternative payment methods, and when it comes to offline payments, debit and credit cards rank high on that list. The number of POS payments in Nigeria as at 2021 was worth N663 billion, according to a report by Statista, and that number has continued to increase. This means that more […]

Product Guides

New Prospa Update Across iOS, Android, and Web

September 15, 2022 productops No comments yet

As part of our commitment to providing our members with the best possible experience, we are pleased to announce we’ve released a new update to Prospa across iOS, Android, and web with important updates.  Our members now have new account details showing across their Prospa main and sub-accounts. The new NUBAN is issued by our […]

Prospa Small Business Loans
Product Guides

The Ultimate Guide to Prospa Small Business Loans

June 15, 2022 Prospa Team 2 comments

Having money loaned is an essential part of managing small businesses. Whether you need to scale your staff, buy new equipment, or cover extra expenses you might search for the ways to get funding. However one in four business owners say they can’t get enough funding. The process of getting a loan may take months […]

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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: