Discover a wealth of insightful materials meticulously crafted to provide you with a comprehensive understanding of the latest trends.
Never have we heard a business owner complain of too much revenue. And of course, too much revenue isn’t a phrase here at Prospa. There’s no limit to how much you can achieve in revenue whether as a small or medium sized business. The main goal is to make money and we’re here to make […]
Don’t open a business bank account with just any bank! Selecting a business bank account to open and use for the day to day running of your business and transactions is an important decision. As an entrepreneur there are several factors you should take into consideration when thinking about establishing a relationship with any […]
We’ve intensified our mission to empower entrepreneurs in building financial prosperity and last year we spent a considerable amount of time talking to our members about what they need to grow. One topic that is always discussed and highlighted as important is access to capital, whether that be equity or debt, entrepreneurs are always […]
Don’t be afraid of debt. Many entrepreneurs and businesses are utilizing debt to their advantage. Understanding debt and how you can use “good debt” to scale your business is what this article is about. When used wisely good debt can be a powerful strategy that contributes to business growth and long term business success. What […]
At Prospa, we’re dedicated to providing entrepreneurs with a seamless financial management experience, consolidating all their operations within a single, user-friendly app. With Prospa, managing multiple business accounts is a breeze – you can effortlessly own and operate two or more accounts without the hassle of constant logging in and out. Make Your Business Account […]
A few days back we sent you an email about the Prospa Powerbase program. A new initiative designed to supercharge start ups and medium sized businesses that have raised under ₦1BN in funding with the tools and network they need to succeed. We have received many questions since and are shedding more light on the […]
Every business needs money to survive. So many things hang on the availability of capital and without it, it is almost impossible to make progress. For many that can not access this capital from either personal purse or their business account, business loans will forever be a lifesaver. How exactly can a business loan […]
As 2023 gradually closes, it is time to prepare for a prosperous 2024. As the preferred SME financial partner, we are committed to helping businesses prepare for financial opportunities that await them in the upcoming year. This is why we are introducing the ‘Get Set 24’ initiative. As we gear up for 2024, one crucial […]
If you’ve been considering taking a loan, we are here to support you. Our goal is to make credit accessible and tailored to your needs. However, the loan amount you can qualify for is closely tied to your credit history and financial capacity. Here’s how you can increase your chances of securing the loan amount […]
Credit limits have been increased. Eligible businesses can now apply for up to ₦10,000,000. One of the elements that significantly increases your eligibility is a good Prospa Credit score. A good credit score reflects your financial responsibility and demonstrates your ability to manage debt effectively. As part of our commitment to responsible lending, we prioritize […]
