Prospa now has a NZ$45 fund to lend to New Zealand small business
ASX-listed small business lender Prospa is expanding in New Zealand, setting up its first local lending facility, worth NZ$45 million. Loans into NZ until now have been funded from Australia. The company says the standalone facility means around NZ$6 million of equity capital can now be redeployed in the Australian market. The lender’s 3-year… Read more »