The calculator hands off to Prospa.
One relationship, disclosed on every page. This page sets out who Prospa is, how the handoff works, and the part most referral pages leave out, which is where Prospa fits a working capital gap and where something else fits better.
About Prospa
A cash-flow lender, not a receivables funder.
Prospa lends against the trading position of a business rather than against its receivables ledger. Applications are online, decisions are commonly faster than a bank process, and amounts under $150,000 typically do not require upfront property security, though a director’s personal guarantee is the usual arrangement.
That has a real consequence on a site whose subject includes several facilities secured on a ledger, and it is worth stating plainly rather than leaving in the small print. Because nothing but the trading position is carrying the risk, unsecured pricing sits above the indicative bands on the receivables facilities covered here. This is structural rather than a criticism of Prospa. Every unsecured lender prices above a secured one for the same borrower, because the risk being taken is different.
Where that trade favours Prospa is on smaller amounts, on urgent shortfalls where a date cannot move, on businesses with no receivables ledger to offer, and on businesses that would rather not grant a general security at all. Where it does not is a business with a substantial ledger of creditworthy customers, which is exactly the case a receivables funder is built for.
Lender type
Unsecured cash-flow lender
Facility size
$5k to $500k
Security
No upfront property security on most amounts
Best fit here
Smaller or urgent cash gaps
The referral flow
Three steps, and nothing travels with the reader.
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01
The calculator produces a figure
Amount, term and an indicative rate give the weekly and monthly cost. The calculation happens in the browser and the output is indicative rather than a quote.
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02
The handoff fires
The card swaps to a brief loading state and the browser then moves to Prospa’s tagged application URL. No calculator inputs are passed, because none are collected.
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03
Prospa assesses and decides
Prospa asks its own questions, runs its own credit assessment, and provides a firm quote with funding where the business is eligible. The decision is entirely Prospa’s.
Commercial disclosure
A referral commission is paid by Prospa.
Workingcapital.org.nz is paid a commission by Prospa when a referred application converts to a funded facility. The commission comes from Prospa rather than from the borrower, and it does not change the rate, fees or terms Prospa offers. We do not claim Prospa is the cheapest or best lender for every applicant, and for a business with a substantial receivables ledger it frequently is not. Alternatives exist at the banks, at receivables funders, and at trade finance providers on the import side. Nothing on this page is personalised financial advice.
FAQ
The Prospa relationship, questions answered
Who is Prospa?
Prospa is a business finance provider operating in the New Zealand market, focused on fast online applications and unsecured small-business lending. Its range covers a smaller unsecured business loan, a larger facility where security may be required, and a revolving line of credit. It is a direct lender rather than a broker, so an application is assessed and decided by Prospa itself.
How does the referral from this site to Prospa work?
The calculator’s "See if you qualify" button replaces the calculator card with a brief loading state and then redirects the browser to Prospa’s tagged application URL. No calculator inputs travel with the redirect and no personal information is collected on this site, so the application begins fresh on Prospa’s own domain under its privacy policy.
Is Prospa the right lender for working capital?
Sometimes, and honestly not always. Prospa lends on the trading position rather than against a ledger, which suits smaller gaps, urgent shortfalls and businesses with no receivables to offer. Where the business does have a receivables ledger, which is the case for a large part of this site’s subject, a receivables funder commonly prices better because the ledger carries risk that would otherwise sit entirely on the trading position.
Why is there only one partner?
Because one disclosed relationship is easier for a reader to reason about than several undisclosed ones. Every page on this site names the relationship rather than burying it, and no lender can buy a mention in the guides. A second partner covering receivables funding would improve the fit for businesses with a ledger and is a commercial question rather than an editorial one.
What information does Prospa ask for?
A Prospa application typically asks for the business owner’s identification, an active NZBN and recent business bank statements. Larger amounts commonly attract additional requests such as financial statements. Prospa runs its own credit assessment on the business and on any director providing a personal guarantee, and the requirements are set by Prospa rather than by this site.
Does this site earn money when a reader applies through Prospa?
Yes. A referral commission is paid by Prospa when a referred application converts to a funded facility. The commission comes from Prospa rather than from the borrower, and it does not change the rate, fees or terms Prospa offers. Disclosing it is part of the fair-dealing posture this site operates under, which is why it appears on every page rather than only here.
Is there any obligation after clicking through?
None. The handoff opens Prospa’s application and it can be abandoned at any point. Submitting an application is not an offer of credit either. An offer exists only after Prospa’s credit assessment, and it is then accepted or declined by the borrower.
What happens if Prospa declines an application?
A decline from one lender is not a decline from the market. New Zealand working capital is also funded by bank overdrafts and lines, by receivables funders whose credit teams assess the customers as closely as the borrower, and by trade finance providers on the import side. Different lenders underwrite differently, and an application that does not fit one commonly fits another.
Can Prospa be approached directly instead?
Yes. Prospa is a direct lender and an application can begin on its own site without passing through this one. The handoff here carries a partner referral tag used by Prospa for tracking, and it does not change the offer Prospa makes or the assessment it runs.