Articles tagged with 'Prospa'
21 June 2025 - Small businesses struggling to access capital as bank lending slows.
7 December 2024 - As New Zealanders prepare for a quintessential Kiwi summer, SMEs will be gearing up for what they hope will be a busy holiday period.
30 October 2024 - Small business lender Prospa has expanded its offering in New Zealand.
17 August 2024 - New Zealand SMEs are adapting their financial strategies to stay afloat amidst mounting economic pressures.
14 June 2024 - Another player enters the non-bank SME lending space.
27 February 2024 - A consortium led by the Salter Brothers Tech Fund has launched a takeover scheme for small business lender Prospa Group backed by the latter's board that values Prospa at A$74 million.
9 November 2023 - The amount of loans mortgage advisers are bringing to Bank of New Zealand continues to rise sharply, although they contributed slightly less to new lending...
4 November 2023 - Small business lender Prospa launches a mobile app for its customers, providing local business owners with a simple way to manage their cash flow.
21 September 2023 - The majority of SMEs know they’ll need more funding in the next 12 months and, despite a spike in short-term business confidence, the current macro-economic environment is causing business owners to remain cautious and seek professional advice first.
12 September 2023 - New small business lending platform launches in New Zealand.
19 August 2023 - More SMEs are looking for funding and seeking financial advice than they were six months ago, but they still have difficulty accessing funding.
14 June 2023 - Timing is everything in business, and seasoned brokers will have a nose for when exciting opportunities are about to arise.
18 May 2023 - The exit of two Australian non-bank lenders to business from the New Zealand market isn't representative of the state of the market, according to Prospa NZ managing director Adrienne Begbie.
11 April 2023 - Not so long ago, small business owners with no property had little or no access to business funding, making it almost impossible for them to invest in the resources they needed to grow and succeed – to make business happen.
25 October 2022 - Small business lender Prospa has unveiled a new scheme to help small and medium sized companies (SMEs) in the lead-up to Christmas.
15 September 2022 - Advisers should be looking to alternative business lenders as banks turn deals away.
25 August 2022 - How many of your clients are self-employed? Whether you know the exact figure or not, you could be pleasantly surprised at the breadth of opportunities offered by your own client base.
5 July 2022 - A new Line of Credit service is being offered by the small business specialist Prospa.
28 April 2022 - Business lender Prospa has recorded a highly profitable three months and is gearing up for one of its biggest months.
15 March 2022 - The non-bank lender Prospa says 44% of small businesses require funds now to achieve their business priorities for the next financial year.
28 October 2021 - With a new player coming into the small business lending market, established player, Prospa, offers a new product.
16 September 2021 - Non-bank lender Prospa has raised $200 million for SME lending on both sides of the Tasman as it capitalises on major banks retrenching from the market.
3 September 2021 - Small-business lender Prospa has seen its lending flourish after drying up at the end of last year due to the Covid-19 pandemic.
26 July 2021 - SME lending specialist Prospa has recorded a surge in loan originations as more small businesses look to alternative lending channels.
23 July 2021 - Australian-owned small to medium business lenders Prospa have seen 72% growth in its New Zealand market after releasing its ASX fourth-quarter financial results.
1 June 2021 - Nearly one in three small business owners are on the lookout for a trusted adviser, according to a new survey from SME lender Prospa.
18 May 2021 - Small business lending specialist Prospa continues to experience strong growth in lending with originations of A$19.9 million (NZ$21.6 million) for the quarter ended 31 March, up 10.6% on the prior quarter (2Q21: A$18.0 million) and up 21.3% on pcp (3Q20: A$16.4 million).
1 April 2021 - Non-bank lender Prospa has been added as an approved lender to the Government's Business Finance Guarantee scheme, as ministers open up the initiative to alternative lenders for the first time.
26 February 2021 - Online SME lender Prospa has surpassed $100 million in New Zealand loans, hitting its highest monthly levels since inception amid the NZ economic recovery.
9 February 2021 - A new survey reports small and medium sized businesses are finding it increasingly difficult to get financing from traditional lending sources.
2 February 2021 - Online SME lender Prospa has recorded a 200% surge in originations in the December quarter, driven by adviser business.
29 December 2020 - If 2020 has made one thing clear, it is that New Zealand’s economy depends on small business.
5 October 2020 - Non-bank SME lender Prospa is offering small businesses some breathing space as they recover from the Covid-19 lockdown.
17 September 2020 - Prospa Group has appointed Ross Aucutt as its new Chief Financial Officer.
26 June 2020 - Now New Zealand is at Alert Level One it's a good time for mortgage advisers to think about diversifying their businesses.
15 April 2020 - Prospa wants non-bank lenders to be included in the government's SME loan guarantee scheme.
28 February 2020 - Last month saw the highest January home lending volumes since records began, according to the latest RBNZ data: [READ ON]
SME non-bank lender Prospa plans...
27 February 2020 - SME non-bank lender Prospa plans to bring in a "senior funder" to grow its New Zealand loan book, after recording a 37% increase in loan originations in the six months to December.
13 February 2020 - Beau Bertoli, joint CEO of non-bank business lender Prospa, sat down with TMM Online to discuss SME business opportunities for advisers, and lessons from...
13 February 2020 - Beau Bertoli, joint CEO of non-bank business lender Prospa, sat down with TMM Online to discuss SME business opportunities for advisers, and lessons from the firm's first year in New Zealand.
11 February 2020 - Non-bank business lender Prospa has launched a new deal for SMEs, calling on advisers to support small business clients at the end of the tax year: [READ...
11 February 2020 - Non-bank business lender Prospa has launched a new deal for SMEs, calling on advisers to support small business clients at the end of the tax year.
29 January 2020 - Five things to explore when looking to grow your client portfolio in 2020.
8 January 2020 - Prospa New Zealand general manager Adrienne Church outlines some of the opportunities for mortgage advisers in 2020.
3 December 2019 - ANZ's 18 month fixed rate special falls to 3.39% this morning, a fall of 60 basis points. The bank's 2 year rate jumps up to 3.55%, however. Take...
3 December 2019 - Non-bank lender Prospa has launched an offer to help mortgage advisers with cash flow issues through the quiet January period.
20 November 2019 - Australia-based non-bank SME lender Prospa has hired a new BDM for the New Zealand market.
29 October 2019 - Seasonal cash flow worries for SMEs – what advisers need to know.
29 August 2019 - Prospa has today announced product enhancements and new partner tools to support the New Zealand adviser community and their small business customers.
8 August 2019 - Australian non-bank SME lender Prospa, led in New Zealand by Adrienne Church, has raised a $45 million lending facility for New Zealand loans.
6 August 2019 - New Zealand is home to more than 500,000 small businesses, which make up 97% of all enterprises and contribute an estimated 28% of GDP. Advisers are an important part of this community - either running ventures themselves or serving the finance needs of small business clients to keep them moving and growing.
17 June 2019 - Small business lender Prospa, run in New Zealand by former Resimac general manager Adrienne Church, has hired two new BDMs.
13 June 2019 - No rate changes from the big banks today, but plenty of news from the non-banks. Resimac has made some big cuts to its home loan rates. Check out the details...
12 June 2019 - SME lender Prospa, led in New Zealand by former Resimac general manager Adrienne Church, has completed a stock market listing in Australia, raising more than $100 million.
21 May 2019 - Resimac sales managers joins new ship [READ ON]
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21 May 2019 - Small business lending specialist Prospa, has appointed two business development managers, including Resimac's former sales manager, to support its growing New Zealand operation.
1 April 2019 - When catering business Baker & Son found it difficult to access funds from traditional lenders, Prospa was there to help. Find out how this family-run business used a Prospa loan to expand and upgrade their kitchen, and deliver more sweet treats to customers around Auckland.
25 March 2019 - Former Resimac New Zealand general manager Adrienne Church says she is excited to be bringing a small business loan offering to mortgage advisers in New Zealand.
12 March 2019 - Former Resimac general manager Adrienne Church is set to head up a new Australian lending business in New Zealand.
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