Prospa

Financial Operations and Advisory
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872 reviews
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Customer Reviews about

Prospa

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Central Coast Winery

5.00/5.00

"Very fast and efficient turnaround"

Very fast and efficient turnaround. Staff were very professional

18/10/2024

SANYA

5.00/5.00

"Highly recommended Luke "

Highly Recommend Luke from Prospa

18/10/2024

Dinuka Peiris

1.00/5.00

"Horrible Experience with Prospa"

Horrible Experience with Prospa – Unethical Practices and Predatory Interest

I would strongly advise anyone to stay far away from Prospa. I borrowed around $130,000 from them for my business and paid back $65,000 within the first year. Unfortunately, due to significant financial difficulties in the hospitality industry, I couldn’t keep up with the payments.

I reached out to Prospa, explaining my situation, and asked for help. They offered me four weeks of reduced payments, but even after that, I struggled to meet the payment schedule. Instead of working with me like they initially promised, they slapped on a staggering $45,000 in additional interest after just three months of missed payments!

Even worse, they placed a caveat on my property after assuring me that they wouldn’t if I made a lump sum payment of $2,000, which I had to gather by selling my wife’s jewelry and other personal belongings. Despite all of this, they ignored my pleas to reduce the unreasonable interest charges, even after I told them I would sell my house to repay the debt. When the house finally sold, they waited until the last minute to demand $150,000 from the settlement in their trust account.

Their practices are beyond unethical, and they’ve caused extreme stress and financial hardship for my family and me. Avoid this company at all costs – they are sharks who will do anything to bleed you dry, with no regard for your circumstances. They made promises they didn’t keep, and their predatory interest rates have left me in an even worse position than when I started.

Prospa is not a company you can trust if you find yourself facing financial difficulties. They are not here to help, only to take advantage of your situation.

15/10/2024

Nicole shine

5.00/5.00

"The guys made the application process…"

The guys made the application process so easy.

Very quick no stress and held our hand all the way.

15/10/2024

Karina Wright

5.00/5.00

"Stress-Free Support for Business Growth"

Prospa made the loan process so easy and really understood what my business needed, especially during the early days growing pains. Thanks to their support, I’ve been able to scale with less stress. Highly recommend if you want a finance team that keeps it simple and understands your goals!

11/10/2024

John Koenders

5.00/5.00

"Extremely helpful!"

Extremely helpful, friendly, understanding and communication was brilliant. Application was a breeze - very refreshing to have such great service. Highly recommend Prospa.

10/10/2024

Blaine Phillips

5.00/5.00

"Perfect Prospa"

Always a pleasure to deal with and fast response and fantastic customer service.

04/10/2024

John Tapfuma

5.00/5.00

"Prompt good service"

I want to say to Prospa team, thank you for being there for me at the time l needed help most. You prompt responds was excellent and you have saved my business.

04/10/2024

Mehran Homes

5.00/5.00

"great customers service and quick…"

great customers service and quick response

01/10/2024

Anthony Lee

5.00/5.00

"Excellent service from Jane"

Excellent service from Jane, friendly, courteous, knowledgable and prompt responses.

26/09/2024
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