Big Deal

Big deal

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The funding opportunity

A unique hybrid corner store-café-restaurant-local watering hole, popular among residents of a quiet, secluded inner-city Sydney suburb, sought to invest in and expand its operations.

Capital investment in a new location for expansion purposes, including funds to cover the costs of a cosmetic refurbishment.

The café owner presented their business plan to an established Sydney-based asset finance specialist, who identified an ambitious growth strategy that aligned perfectly with a working capital solution. To move forward, the broker connected with Prospa to gain support on the deal. A Prospa lending specialist and business development manager collaborated with the broker to secure a quote using Prospa IQ. This allowed the broker to establish clear expectations with the client up front, without impacting the client’s credit score. This is a prime example of how Prospa combines cutting-edge technology, personalised expertise and a results-focused team to act as a seamless extension of the broker’s business and deliver significant value to the client through both automated solutions and hands-on support.

The application summary

Once the best approach was agreed upon, our lending specialists team quickly gathered the client information required for a full assessment, managed compliance and worked closely with the credit team to ensure a smooth approval process. This streamlined collaboration helped keep things on track and efficient for the client.

Identified available net revenue and serviceability Checked if up to date with ATO tax obligations Found an existing facility with an asset finance lender Accounted for average business premises rent and personal mortgage with a major bank

Prospa is Australia’s number one small business online lending specialist providing market-leading capital products and solutions to help Aussie small businesses grow and prosper. Established in 2012, Prospa ensures applications are simple and funds can be accessed within 24 hours. Its cash flow products and services allow small businesses to grow and take advantage of opportunities to run their businesses, or help them pay for goods and services.

Find out more

Client

Unique hybrid corner store-café-restaurant-local watering hole

LOCATION

Sydney suburb

goal

Expansion to new location, including a cosmetic refurbishment

LENDER

Prospa

TERM

24 months

LOAN SIZE

$150,000

The facts

“We treat brokers as an extension of our team, empowering them to utilise market-leading technology to build confidence, reliability and trust in our partnership. This collaboration leads to fast, value-driven results for their customers”

How the Prospa lending specialists team and an asset finance broker collaborated to unlock the growth potential of a small Sydney hospitality business with a tailored cash flow funding solution

Use of funds

Published 05 May 2025

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Advertising

Authors

E-newsletter

Australian Broker Talk

Events

White papers

Webinar

Australian Broker Talk

Resources

Sector Focus

Power Panel

Independent Feature

Executive Team Profile

Exclusive Leader Profile

Business Update

Business Focus

Big Deal

Premium Content

Technology

Reverse Mortgages

Investment Loans

Specialist Lending

SME

Commercial

Specialty

Best In Mortgage

News

RSS

Sitemap

About us

Conditions of Use

Terms & conditions

People

Firms

Advertising

Authors

E-newsletter

Australian Broker Talk

Events

White papers

Webinar

Australian Broker Talk

Resources

Sector Focus

Power Panel

Independent Feature

Executive Team Profile

Exclusive Leader Profile

Business Update

Business Focus

Big Deal

Premium Content

Technology

Reverse Mortgages

Investment Loans

Specialist Lending

SME

Commercial

Specialty

Best In Mortgage

News

RSS

Sitemap

About us

Conditions of Use

Terms & conditions

People

Firms

PAUL EVANS, PROSPA

The assessment summary

A Prospa Business Loan for big plans was used:

The funding solution

Secured a lump sum of $150,000 for immediate use in expansion and refurbishment efforts, enabling rapid execution of the investment plan Loan secured on business performance, with no need for additional asset security – simplifying the approval process Anticipates an early return on investment, but a 24-month repayment period provides a built-in buffer for flexibility and financial stability Repayments fixed on a weekly basis, designed to align with the existing cash flow of the business. Has the ability to make unlimited extra repayments to save on interest as the investment begins to generate returns

This case highlights the power of collaboration between brokers and Prospa’s team of lending specialists who can utilise technology and their expertise to create tailored solutions that support business growth. With the power of tech-driven tools like Prospa IQ, along with expert human insight, brokers are empowered to deliver smart, flexible funding solutions – faster and more precisely tailored to each client’s unique needs. For brokers, it’s a reminder of how a seamless partnership with Prospa can not only unlock opportunities for clients but also enhance the overall experience, paving the way for potential referral business or additional funding requirements from the same client down the line.

The takeaway

PAUL EVANS, PROSPA

“With the power of tools like Prospa IQ, along with expert human insight, brokers are empowered to deliver smart, flexible funding solutions – faster and more precisely tailored to each client’s unique needs”