Prospa Group Limited (ASX:PGL)

Greg Moshal
Market Cap (AUD): 148.09M
Sector: Financials
Last Trade (AUD): 0.93 +0.02 (+1.64%)
Tab Bar

1. About

Prospa (ASX:PGL) is Australia’s #1 online lender to small businesses. Unlike traditional lenders, Prospa understands small business owners need faster finance solutions – so they can make decisions quickly and seize opportunities with total confidence.

Prospa offers business loans of between $5,000 and $300,000 with no security required to access up to $100,000. Application takes just 10 minutes, you can get same day approval, and funding is possible in 24 hours. Using a smart proprietary technology platform, Prospa focuses on the health of a business to determine creditworthiness.

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk