Prospa joins PLAN Australia panel

Prospa joins PLAN Australia panel

PLAN Australia has welcomed SME lender Prospa to its panel, enabling PLAN members to offer their clients Prospa’s small-business loans and lines of credit.

Under the new partnership, brokers aggregating under PLAN Australia will be able to offer their clients Prospa’s product suite, which includes business loans ranging from $5,000 to $300,000 and a revolving line of credit up to $100,000.

Speaking of the new agreement, Anja Pannek, CEO of PLAN Australia, said: “With an increasing number of small-business owners seeking the expertise of brokers to provide funding solutions, it’s important that we maintain a diversified lender panel to continue to meet their needs.

“I’m delighted to announce PLAN Australia’s partnership with Prospa, which will enable our members to offer a wider range of products and services suited to their small-business clients.”

As well as joining the aggregator’s lender panel, Prospa said it will also support PLAN Australia brokers with marketing and education resources for small-business lending, available through its Partner Portal.

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Source: Prospa joins PLAN Australia panel – The Adviser