Your selected small business
Prospa uses risk-based pricing to determine your interest rate. They look at factors including your industry, years in business, cash flow, creditworthiness and the overall financial health of your business.
Your selected small business
You can apply online in about 10 minutes. You'll need:
To qualify, you must:
For Business Loan Plus applications, pre-approval decisions can be made within 6 hours. Once approved and documents are signed, funds can be received within one business day, Prospa says. Some loans have been approved within 24 hours, though 2-3 days is more typical for final approval.
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While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.