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 alongside a revolving facility and where something else fits better.
About Prospa
A term lender, not a revolving facility.
Prospa advances a fixed amount repaid on a schedule rather than providing a limit that can be drawn and repaid at will. 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 entire subject is revolving credit, and it is worth stating plainly rather than leaving in the small print. A term facility charges interest on the whole amount for the whole term whether or not the money is needed throughout, which is exactly the property a revolving facility exists to avoid. This is structural rather than a criticism of Prospa, and it is the reason the fit is narrower here than on any sibling site.
Where that trade favours Prospa is on a one-off shortfall that can be sized, on an urgent need where a bank process is too slow, and on a business that would not qualify for a revolving limit at all. Where it does not is a recurring need, which is what most of the situations on this site are, and which a facility that stays available serves considerably better.
Lender type
Unsecured cash-flow lender
Facility size
$5k to $500k
Security
No upfront property security on most amounts
Best fit here
A one-off, sized shortfall
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.
Lineofcredit.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 that qualifies for a revolving facility it frequently is not. Alternatives exist at the major banks, at non-bank revolving credit providers, and at receivables funders whose limits move with a ledger. 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 a revolving facility?
Sometimes, and honestly not always. Prospa lends a fixed amount on a schedule rather than providing a revolving limit, which suits a gap that can be sized and repaid. Where the need genuinely recurs, which is the whole subject of this site, a facility that stays available is the better shape, and a bank overdraft or a non-bank revolving line commonly prices better for a business that qualifies.
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 offering a genuine revolving facility would improve the fit for the recurring needs this site is about 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 revolving credit is also provided by the major banks, by non-bank lenders writing business overdraft alternatives, and by receivables funders whose limits move with a ledger. 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.