{
  "vertical": "business-lending",
  "insurer": {
    "slug": "prospa",
    "name": "Prospa",
    "brand_family": "Prospa"
  },
  "product": {
    "slug": "small-business-loan",
    "name": "Small Business Loan",
    "status": "active",
    "positioning_summary": "Prospa's flagship unsecured business loan for NZ SMEs: $5K-$150K with same-day decision possible, $150K-$500K available with optional caveat/mortgage security. Weekly repayments, no published APR (per-quote pricing)."
  },
  "wording": {
    "version": "html-capture-2026-05-17",
    "ingested_at": "2026-05-17T22:25:25.83558+00:00",
    "pdf_hash": "639784da0c2b8f4466134b2bce18bf674cf23b0d43d8b283dec3f49f77b88884",
    "source_url": "https://www.prospa.co.nz/small-business-loan",
    "page_count": null
  },
  "confidence_tier": "inferred",
  "facts": {
    "fees": {
      "early_payoff": "1.5% of remaining principal plus any outstanding fees",
      "registration_fee_over_150k": "May apply if Prospa registers a caveat or mortgage over real property"
    },
    "extras": {
      "unlimited_extra_repayments": true
    },
    "eligibility": {
      "min_monthly_revenue_nzd": 6000
    },
    "max_loan_nzd": 500000,
    "min_loan_nzd": 5000,
    "security_type": "mixed",
    "repayment_freq": "weekly",
    "max_term_months": null,
    "min_term_months": null,
    "rate_disclosure": {
      "kind": "per_quote",
      "text": "Prospa prices the loan upfront based on the application. No published annual percentage rate. Borrower sees total amount payable + weekly repayment figure before accepting.",
      "source_url": "https://www.prospa.co.nz/small-business-loan"
    },
    "min_trading_months": null,
    "max_loan_unsecured_nzd": 150000,
    "min_monthly_revenue_nzd": 6000,
    "funding_speed_advertised": "Same-day decision; funding possible in hours for $5K-$150K (1-hour decision with bank verification). 2-3 days for $150K-$500K."
  },
  "endpoints": {
    "summary": "/api/business-lending/product/prospa/small-business-loan/summary.md",
    "wording": "/api/business-lending/product/prospa/small-business-loan/wording.md",
    "history": "/api/business-lending/product/prospa/small-business-loan/history.json"
  },
  "canonical_url": "https://insurenz.co.nz/api/business-lending/product/prospa/small-business-loan/facts.json",
  "generated_at": "2026-05-18T08:38:03.923Z",
  "license": "CC BY 4.0 — attribute https://insurenz.co.nz"
}