Prospa New Zealand Reviews 1,184

TrustScore 4.5 out of 5

4.6

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Review summary

Created with AI, based on recent reviews

Evaluating 63 reviews, reviewers overwhelmingly had a great experience with this company. Many customers consistently praise the staff for their helpfulness, friendly demeanor, and professional approach, making interactions pleasant and productive. The service provided is frequently highlighted as exceptional, with many people appreciating the efficiency, speed, and ease of their overall experience. Reviewers are particularly impressed with the quick response times and the smooth user experience, often noting that the process was stress-free and straightforward. However, some people were dissatisfied with the service, mentioning poor communication and wasted time, with difficulties in getting clear information. A few other people also felt that the company's treatment was unsatisfactory when problems arose, describing it as a very disappointing experience.

What people talk about most

Staff

Customers had positive experiences with staff, consistently describing them as professional, friendly, and... See more

Service

Reviewers highlight positive aspects of service, often describing it as fast, friendly, and efficient.... See more

Customer service

Reviewers mention positive feedback about customer service, highlighting the helpfulness, efficiency, and... See more

User experience

Clients share positive opinions on user experience, with many describing the process as quick, easy, and... See more

Response time

Customers consistently note positive experiences with response times, praising the quick and efficient... See more

Reviews shaping this summary

Rated 5 out of 5 stars

The overall service was great, Saxon was amzing to deal with very straight up and straight forward. So easy to complete and got approved very fast and had money in my account faster than I ever though... See more

Rated 5 out of 5 stars

I found the team that I had dealing with to be extremely helpful and very friendly. They had a great attitude and seemed to be very up to date with what they could offer and or what information was ne... See more


Company details

  1. Non-Bank Financial Service
  2. Alternative Financial Service
  3. Financial Consultant

Written by the company

Being a small business owner can be tough, but accessing funds to help you reach your business goals doesn’t have to be. Prospa gets to know you and your business, so we can provide a personalised solution to match your business needs. Business funding is available from $2,000 to $500,000 with a smooth application, quick decision and funding possible in 24 hours. Join the thousands of small businesses who thrive with the support of Prospa.

Business loans made easy.

Written by the company


Contact info

4.6

Excellent

TrustScore 4.5 out of 5

1K reviews

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1-star

No history of asking for reviews

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Rated 5 out of 5 stars

Great Service

Speedy response, personalised service and easy to talk to

November 7, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Rhuel, thank you for this amazing feedback! We love delivering on our promises and are committed to providing a fast and transparent customer experience. Kind regards, team @ Prospa

Rated 1 out of 5 stars

I paid off my loan but they kept taking money

I organised for early repayment of my loan after refinancing with a bank. I paid the outstanding amount in full and provided remittance of that payment. I then asked for confirmation in writing that no further payments would be taken from my account, and was told that the direct debit would be cancelled. Despite this, funds continued to be deducted from my account. I contacted them and asked for the money to be returned, and even provided evidence via bank statement of the funds being removed from my account. However Prospa have said they cannot find the money and have not returned it.

November 3, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi John, thanks for the feedback.
Our Customer Support Team is empowered to work with our customers, to come to a solution together. I understand you are not happy with how your situation was handled. Our team has reached out regarding your issue. If there is anything else you require, please let us know.

Kind regards, the team at Prospa.

Rated 5 out of 5 stars

Staff were great communicators

Staff were great communicators.
The process wasn't convoluted.
Professionalism was on point

October 28, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Samuel, thanks for your feedback.
We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.

Rated 1 out of 5 stars

Unhelpful

Unhelpful, Misleading advertising,, everything was in the too hard basket....

October 24, 2024
Unprompted review
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Reply from Prospa New Zealand

Hi Tim, we take these comments very seriously. If there's been a misunderstanding or an issue, please reach out to us directly. We're committed to addressing concerns promptly.

If there's anything specific that has led to this perception, please let us know by emailing us via help@prospa.com, so we can investigate. Thanks, team @ Prospa

Rated 5 out of 5 stars

great service

I had made contact with Holly Harrison from prospa she made the whole process easy and seamless to increase my business loan

September 17, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Joseph, we’re so happy we've been able to help you out! Thanks for your feedback.
We truly value our returning customers and we look forward to welcoming you back soon.

Rated 5 out of 5 stars

Henry was a real professional

Henry was a real professional. Easy to talk to, service orientated and I felt I had his full undivided attention. He's a real asset to the business.

September 19, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Dean, thank you so much for your wonderful feedback.
We really appreciate you taking the time out to share your experience with us—and we agree, Henry is truly a gem to have on our team!
We count ourselves lucky for customers like you. We look forward to working with you again in the future! Thanks, team @ Prospa.

Rated 5 out of 5 stars

Always helpful and Meg made the process…

Always helpful and Meg made the process seamless

September 21, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Thank you so much for your kind words, Brian.
We really appreciate you taking the time out to share your experience with us—and we agree, Meg is truly a gem to have on our team!
We count ourselves lucky for customers like you. We look forward to working with you again in the future! Team @ Prospa

Rated 5 out of 5 stars

Excellent

Excellent! Got loan for business marketing. Fast approval. Very good. Thanks!

September 19, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Vince, we love delivering on our promises and are committed to providing a fast and transparent customer experience. Thank you for this wonderful feedback. Team @ Prospa

Rated 5 out of 5 stars

The team at prospa were awesome to deal…

The team at prospa were awesome to deal with fast and friendly service with expert advice for what is best for new business customers. By far the best finance place that I have ever dealt with.

September 12, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Thanks for the awesome review!
We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.

Rated 5 out of 5 stars

Well done Grace and team

Well done Grace and team. Best service and good people relation and high proffessional quality.

September 11, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Thank you so much for your kind words.
We really appreciate you taking the time out to share your experience with us—and we agree, Grace is truly a gem to have on our team!
We count ourselves lucky for customers like you. We look forward to working with you again in the future!

Rated 5 out of 5 stars

Prospa were incredibly diligent in…

Prospa were incredibly diligent in their dealings with me and always maintained a professional attitude which was a refreshing change. They were able to communicate to the highest standard and were also to provide multiple options to accommodate my needs. Cant thank them enough

September 9, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Thanks for the awesome review!
We work hard to meet expectations like yours, and we’re happy to hear we hit the mark for you.

Rated 5 out of 5 stars

When you understands business needs the quick and fast financial support from you is very much appreciated to continue doing business.. the cash flow injected is important

Since the moment I have in touch via social media I have been contacted and started liaising Lou Mose and he help the process very professionally and make it very smoothly and very fast. I have got the impression that the application was going to take ages to provide all the requeriments that any other financial institution requires and I was not expecting at all how fast the money was seating on my account without the hassle ... I can not be more thankful

August 26, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Jose, thank you for your great feedback! We love delivering on our promises and are committed to providing a fast and transparent customer experience.

Rated 5 out of 5 stars

Financial Support

Requesting Financial Support was a big help in these challenging times.

August 28, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Stephen, we don't just listen, we hear what's important. Thank you for choosing Prospa!

Rated 5 out of 5 stars

James was awesome

James was awesome - listened to our situation and offered ways to help.

August 27, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Thank you so much for your feedback, Tracy.
We really appreciate you taking the time out to share your experience with us—and we agree, James is truly a gem to have on our team!
We count ourselves lucky for customers like you. We look forward to working with you again in the future!

Rated 1 out of 5 stars

Ripped off

I borrowed $75k on a 2 year loan from these guys and ended paying back over a $120k (60%) I’m going to make inquiries into this excessive amount in interest and fees

I did not miss one payment over two years and paid it back at over $1200 per week

THIS IS EXCESSIVE BY PROSPA

August 26, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Daniel, we understand your concerns about interest rates. Here at Prospa, we’re committed to providing transparent and tailored solutions to your business needs. Please contact us at 0800 005 797 or email 'help@prospa.com' - our support specialists are available if you’d like to discuss your situation in detail.

Thanks, the Team @ Prospa

Rated 5 out of 5 stars

My experience with Prospa

My experience with Prospa, the staff was friendly and very helpful for my business loan, no hassle filling out paperwork, great communication,

August 12, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Kayla,
We love delivering on our promises and are committed to providing a fast and transparent customer experience.
Thank you for your feedback!
Kind regards, Team @ Prospa

Rated 1 out of 5 stars

Second review on here after weeks of…

Second review on here after weeks of prospa not getting to the bottom of THEIR system error , or lack of staff training who knows , i never missed a payment (have bank to back me up) was reversing on prospas end and sitting who knows where, but magically a 8k lump sum from prospa got put in the account , got told an investagation was happening , yet they still charged me dishonour fees , when it was their system error , thousands to , am seeking legal advice and sort your workers out or your computers or something, no ones being held accountable but quick to blame me and charge me more even with bank back up , and 1 lady from prospa finally admitting it was on their end , but still have to pay the dishonour fees ??

July 15, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi William, we regret to hear you had a poor experience, our Customer Solutions team is empowered to work with our customers, to come to a solution together.
We will be looking into this to see if there is anything else we can do, can you please email 'assistance@prospa.com' and we will reach out to you.

Kind regards, the team at Prospa.

Rated 2 out of 5 stars

Extremely high interest rates, not recommended.

I've given the company 2 stars as the communication from the loan officer was very good. However the rates they offer are out of this world. I was offered a business loan of $35k at 39% interest, I couldn't believe my eyes. Had I known that they are this much profit driven, I would never had applied in the first place. Waste of time.

June 10, 2024
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Hi Shamrose,
We believe in transparency and being open and real with our customers. We understand your concern about high interest rates and would like to acknowledge that rates are influenced by various factors such as economic conditions, market risks and regulatory environments. Should you ever reconsider, our team is always here to assist.

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