Business loans made easy
Apply today for an unsecured loan that works for your business.
No financial statements required for loans under $50,000.
No asset security required.
Loan terms from 3 to 12 months.
Use for any business purpose.
Cash flow friendly repayments.
Help is always at hand
Our friendly team is available to answer questions on 1300 901 570.
Reckon Loans, powered by Prospa, Australia’s leading online lender to small business gives you access to loans from $5,000 to $250,000. With fast decision making, funding in 1 day and flexible loan terms from 3 to 12 months, access to funds is closer than you think.
“The process was too easy. I made the phone call, answered all the questions, and it took half an hour. I was approved within 24hrs and the funds were in my account that afternoon.”
Yesha Avsar, Just Pets
Applying for a loan is simple
“The paperwork is very simple, very easy. The whole thing from start to finish took about two and a half hours. It doesn’t affect your cashflow, it gives you that sense of security. It’s just one easy payment each week to come out of your bank. You don’t even notice.”
James Mussillon, Courgette Restaurant
How much will my loan cost?
Use the loan calculator to see minimum repayments based on a typical ProspaScore.
This calculation is an estimate only, to find out exact amounts you should speak to Reckon Loans powered by Prospa. Conditions apply to all loan options and to full or partial repayments. Fees and charges also apply and are subject to change. Applications are subject to approval and full terms and conditions will be in the loan application.
What you need to have ready
For loans of $50,000 or less, all you need is:
- Your Driver’s Licence number
- The ABN for your business
- The BSB and account number of your main trading account
For loans over $50,000:
You will need some basic financial statements like a P&L and cash flow, so we can evaluate the health of your business and see what kind of repayments your business can manage without stress.
See what other businesses just like yours are saying about us!
Reckon Loans powered by Prospa
Since 2011 Prospa has helped thousands of businesses access the funds that they need to grow. By working with Prospa, we’ve created Reckon Loans to provide our customers funding that is faster and friendlier than your bank. We look at the health of your business when assessing your application, not just your personal credit score.