The Economic Impact of Prospa Lending to Small Business
RFi Group and the Centre for International Economics (CIE) were engaged by Prospa to investigate the economic impact of Prospa’s lending to small businesses in Australia.
Focused exclusively on financial services, RFi Group specialise in evidence-based insight generation and business decision support for the world’s leading financial service providers. CIE is an economic consultancy that provides independent quantitative economic analysis for government, private and international clients.
Prospa is a financial technology company. Founded in 2012, Prospa has lent almost $920 million to more than 18,000 Australian small businesses. Prospa’s loans are between $5,000 and $250,000 and are used to help small businesses manage their cash flow and fund growth initiatives.