Prospa Online Application
At Osinski Finance we have partnered with Prospa to provide our business customers with quick and easy finance options.
Prospa offers an unsecured loan of $5,000 to $250,000. The term of the loan is between three and 12 months and the cash flow friendly repayments are either daily, weekly or fortnightly.
An unsecured loan is when the health of a business is used to determine creditworthiness, without the business owner needing to secure the loan by putting up an asset as security. Larger banks tend not to offer these as the arduous paperwork, low returns and higher risks involved don’t make it worthwhile. Many small business owners find themselves having to use an asset to secure a loan, or being declined.