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Prospa Business Loan – table of repayments
Approximate monthly repayments at 9,90 %. Actual repayment is confirmed at loan approval.
| Amount | 12 months | 24 months |
|---|---|---|
| $10,000 | $878.69 | $460.99 |
| $20,000 | $1,757.39 | $921.98 |
| $30,000 | $2,636.08 | $1,382.96 |
| $40,000 | $3,514.78 | $1,843.95 |
| $50,000 | $4,393.47 | $2,304.94 |
| $60,000 | $5,272.16 | $2,765.93 |
Representative example
Loan amount
$7,500
Term
24 months
Interest rate
9,90 %
Monthly repayment
$345.74
Total interest cost
$797.78
Total amount payable
$8,297.78
* This example is indicative only. Actual rate and fees are confirmed at the time of application.
Quick overview
Amount
$5,000 – $150,000
Term
3 – 24 months
Interest from
9,90 %
Approval
Same day
Loan requirements
- ✓ NZ registered business
- ✓ Trading for at least 12 months
- ✓ Minimum monthly revenue $6,000
- ✓ Business bank account
- ✓ Valid NZ director ID
Properties of this loan
- Unsecured business loans
- $5,000 to $150,000
- Same-day funding available
- 10-minute online application
- No early repayment fees
Ready to apply?
Go to official Prospa Business Loan website ad