Prospa wins MFAA National Fintech Lender of the Year three years in a row
Prospa has been named Fintech Lender of the Year for the third year in a row at the MFAA National Excellence Awards 2020.
Prospa reports improved demand from SMEs
The FY20 results for non-bank lender Prospa reveal that loan originations saw an uplift in June, following a quiet few months due to COVID-19.
Prospa achieves clean sweep at MFAA State Excellence Awards, third year running
Prospa, Australia’s number one online lender to small business, celebrates a clean sweep at the MFAA State Excellence Awards for the third year running.
AOFM approves investment into Prospa warehouse trust
The Australian Office of Financial Management has approved a maximum investment of $90 million into a Prospa Group Limited warehouse trust.
Prospa reports strong Q3 but Q4 hard hit by COVID
SME lender Prospa has reported “solid” performance in the March quarter, but revealed it was “materially impacted” by COVID-19.
Prospa receives access to Federal Government’s SME Guarantee Scheme to support thousands of small businesses
The Federal SME Scheme is designed to support smaller businesses who are considered by the lender as being viable in the longer-term.
Prospa reached $1.4 billion in loans originated
Prospa’s total originated loans came in around AU$1.4 billion and have been delivered to nearly 27,000 businesses since it was founded in December 2012.
Prospa joins PLAN Australia panel
PLAN Australia has welcomed SME lender Prospa to its panel, enabling PLAN members to offer their clients Prospa’s small-business loans and lines of credit.