Prospa New Zealand Reviews 

1,195
TrustScore 4.5 out of 5

4.5

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Review summary

Created with AI, based on recent reviews

Evaluating 70 reviews, reviewers overwhelmingly had a great experience with this company. Customers consistently praise the excellent service and efficient processes, finding their interactions smooth and easy. People frequently highlight the helpful, friendly, and professional staff, appreciating their clear communication and positive attitude. The quick response times and user-friendly experience are often commended, with customer service frequently described as exceptional. However, some customers noted issues with communication and service quality.

What people talk about most

Service

Clients share positive opinions on service, consistently describing it as efficient, quick, and easy to... See more

Staff

Consumers find staff to be positive, with many reviewers describing the team as professional, friendly, and... See more

Customer service

Customers had positive experiences with customer service, often highlighting the helpfulness and efficiency... See more

User experience

Users describe positive interactions with the user experience, often highlighting the ease and speed of... See more

Response time

Reviewers mention positive feedback about response times, with many customers experiencing quick and... 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 was really impressed with how easy it was to apply for funding. The online application was easy to follow and complete. the guy who called me was very friendly and was great to deal with. Once t... See more

Rated 5 out of 5 stars

It was very fast and went smoothly and well, didn’t really expect to it have a good progress with no stress or long waiting and I’m very proud for signing up for this.

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 Services
  3. Financial advisor

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

4.5

Excellent

TrustScore 4.5 out of 5

1k reviews

5-star
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1-star

No recent history of asking for reviews

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4.5

All reviews

(1,195)

69 reviews in the last 12 months

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Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Was offered a low interest rate

Was offered a low interest rate, but after the loan was agreed found that the interest rate is for the full loan across the term, and not the reducing balance.

So the actual rate paid works out much higher than 12.99% we were lead to believe.

Misleading and I think we're now worse off than if we had stayed away.

Their response below to my review makes no sense in relation to what I said - I don't need a deferred payment I need you to learn how to be transparent and upfront.

29 June 2023
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Our Customer Solutions Team is empowered to work with our customers, to come to a solution together. We offer things like "one off payment deferrals" and reduced payments in certain circumstances. I understand you are not happy with how your situation was handled. We will be looking into this to see if there is anything else that could have been done, and will reach out to you.

Kind regards, the team at Prospa.

Rated 5 out of 5 stars

James was incredibly friendly and professional

James was incredibly friendly and professional at the same time. He engaged with me to make me feel relaxed and assured. He explained the process very clearly and also offered options for me to consider.
My needs were were more than adequately met and indeed the experience was far above what I had expected. Overall a fantastic customer experience for me.

26 June 2023
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, 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 5 out of 5 stars

Absolutely fantastic service from Yagiz…

Absolutely fantastic service from Yagiz he made everything so simple, for this reason Prospa will always be my go finance company and the interest rates are comparable to the bank.

21 June 2023
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Customer service is our main priority!

Rated 5 out of 5 stars

Excellent service

As always Henry was great to deal with, the loan application was processed instantly and Henry phoned as soon as the application had been accepted.

7 June 2023
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, 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!

Rated 5 out of 5 stars

Great communication

Great communication , Gave me the Info I wanted in concise terms which allowed me to make an informed decision with all the facts and allowing for criteria that
have knowledge of made the process much easier for all and still meet our needs.

30 May 2023
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

the level of communication and being…

the level of communication and being professional at what they do leaves Prospa and its staff at the very peak of the finance mountain.
Thankyou, Jeff and Derek we love your work.
We really appreciate the work you put in with your clients.
All the best and regards
Brendon & Promjongkol

19 May 2023
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

Easy access

Easy access, no hassle, Quick response from friendly team at Prospa

4 May 2023
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

Jane was great Super bubbly

Jane was great Super bubbly, efficient and answered all our questions

14 April 2023
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Our main focus is always a great customer experience.

Rated 4 out of 5 stars

I valued being able to work with the…

I valued being able to work with the same person to liase about my situation, Jane was very helpful in answering my questions

13 April 2023
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

Mohamed was very clear and provided all…

Mohamed was very clear and provided all the information I needed t o make an informed decision. Feedback and timeframe was amazing.

5 February 2023
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

A Very Professional Experiience…

The time in which the loan was requested, to the time it was approved. Also the dialogue, both by telephone and emails, between my Account Manager and myself was very professional, concise, and directly to the point, and he responded very quickly to my questions.

30 January 2023
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

Insfrafracture

Insfrafracture drainage level 4

29 January 2023
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Thank you for the 5 star rating.

Rated 5 out of 5 stars

Mohamed was fantastic and got my loan…

Mohamed was fantastic and got my loan sorted in the blink of an eye...

5 January 2023
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

We love delivering on our promises and are committed to providing a fast and transparent customer experience. Thank you for your feedback!

Rated 5 out of 5 stars

Quick/Prompt/Clear Comms

Quick, prompt clear communication.
Good follow up and also at a very busy time xmas/new year period.
Thanks to Justin and the team.

29 December 2022
Unprompted review
Prospa New Zealand logo

Reply from Prospa New Zealand

Our main focus is always a great customer experience.

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