The calculator hands off to Prospa.
One relationship, disclosed on every page. This page sets out who Prospa is, how the handoff works, and the part most referral pages leave out, which is where Prospa fits a farming business and where something else fits considerably better.
About Prospa
A cash-flow lender, not a rural lender.
Prospa lends against the trading position of a business rather than against land, stock or plant. Applications are online, decisions are commonly faster than a bank process, and amounts under $150,000 typically do not require upfront property security, though a director’s personal guarantee is the usual arrangement.
That has a large consequence on a site whose entire subject is lending secured on rural assets, and it is worth stating at the top rather than in the small print. Farm term debt is secured on land, livestock finance on stock and machinery finance on plant, and all three price well below unsecured lending as a result. Prospa is not competing with any of them, and on this site the honest description of the relationship is that it covers a narrow edge rather than the main need.
Where that edge exists is a small, urgent, non-seasonal need on a farming business with off-farm income or a contracting arm, or a business that would rather not add to a rural facility for something modest. Where it does not is anything secured on land, stock or plant, and anything sized to a season, which is the great majority of what a farm actually borrows for.
Lender type
Unsecured cash-flow lender
Facility size
$5k to $500k
Security
No upfront property security on most amounts
Fit on a farm
Narrow
The referral flow
Three steps, and nothing travels with the reader.
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01
The calculator produces a figure
Amount, term and an indicative rate give the weekly and monthly cost. The calculation happens in the browser and the output is indicative rather than a quote.
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02
The handoff fires
The card swaps to a brief loading state and the browser then moves to Prospa’s tagged application URL. No calculator inputs are passed, because none are collected.
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03
Prospa assesses and decides
Prospa asks its own questions, runs its own credit assessment, and provides a firm quote with funding where the business is eligible. The decision is entirely Prospa’s.
Commercial disclosure
A referral commission is paid by Prospa.
Farmfinance.org.nz is paid a commission by Prospa when a referred application converts to a funded facility. The commission comes from Prospa rather than from the borrower, and it does not change the rate, fees or terms Prospa offers. We do not claim Prospa is the cheapest or best lender for every applicant, and for a farming business borrowing against rural security it generally is not. Alternatives exist at the banks’ agribusiness divisions, at rural lending specialists, and through stock and station firms. Nothing on this page is personalised financial advice.
FAQ
The Prospa relationship, questions answered
Who is Prospa?
Prospa is a business finance provider operating in the New Zealand market, focused on fast online applications and unsecured small-business lending. Its range covers a smaller unsecured business loan, a larger facility where security may be required, and a revolving line of credit. It is a direct lender rather than a broker, so an application is assessed and decided by Prospa itself.
How does the referral from this site to Prospa work?
The calculator’s "See if you qualify" button replaces the calculator card with a brief loading state and then redirects the browser to Prospa’s tagged application URL. No calculator inputs travel with the redirect and no personal information is collected on this site, so the application begins fresh on Prospa’s own domain under its privacy policy.
Is Prospa the right lender for a farm?
Rarely, and the honest answer on this site is narrower than on any of its siblings. Prospa is an unsecured cash-flow lender that does not lend against land or livestock, which is what most rural finance is secured on. Where it fits is a small, urgent, non-seasonal need on a farm business with off-farm income or a contracting arm. The main funding a farm needs comes from rural lenders, banks and stock firms, and this page says so plainly.
Why is there only one partner?
Because one disclosed relationship is easier for a reader to reason about than several undisclosed ones. Every page on this site names the relationship rather than burying it, and no lender can buy a mention in the guides. A second partner that actually lends against rural security would improve the fit considerably and is a commercial question rather than an editorial one.
What information does Prospa ask for?
A Prospa application typically asks for the business owner’s identification, an active NZBN and recent business bank statements. Larger amounts commonly attract additional requests such as financial statements. Prospa runs its own credit assessment on the business and on any director providing a personal guarantee, and the requirements are set by Prospa rather than by this site.
Does this site earn money when a reader applies through Prospa?
Yes. A referral commission is paid by Prospa when a referred application converts to a funded facility. The commission comes from Prospa rather than from the borrower, and it does not change the rate, fees or terms Prospa offers. Disclosing it is part of the fair-dealing posture this site operates under, which is why it appears on every page rather than only here.
Is there any obligation after clicking through?
None. The handoff opens Prospa’s application and it can be abandoned at any point. Submitting an application is not an offer of credit either. An offer exists only after Prospa’s credit assessment, and it is then accepted or declined by the borrower.
What happens if Prospa declines an application?
A decline from one lender is not a decline from the market. New Zealand rural lending comes from the major banks’ agribusiness divisions, from rural lending specialists, from stock and station firms extending seasonal credit, and from vendor and co-operative arrangements. Different lenders underwrite differently, and a proposition that does not fit one commonly fits another.
Can Prospa be approached directly instead?
Yes. Prospa is a direct lender and an application can begin on its own site without passing through this one. The handoff here carries a partner referral tag used by Prospa for tracking, and it does not change the offer Prospa makes or the assessment it runs.