Credit limits have been increased. Eligible businesses can now apply for up to ₦10,000,000.

One of the elements that significantly increases your eligibility is a good Prospa Credit score.

A good credit score reflects your financial responsibility and demonstrates your ability to manage debt effectively. As part of our commitment to responsible lending, we prioritize members who use Prospa as their primary business account and  have a proven capacity to take a loan and repay it in a timely manner.

To enhance your chances of securing a loan with us, we recommend taking the following steps to maintain a healthy credit profile:

Use Your Prospa  Account Regularly:

Regular activity in your bank account demonstrates financial stability. Ensure that you use your account for transactions and maintain a consistent pattern of financial activity.

Clear Existing Debts:

Paying off existing debts is crucial for improving your credit score. Take proactive steps to clear any outstanding balances and stay on top of your financial obligations.

Remember, your credit score is a reflection of your financial health, and a positive credit history greatly contributes to your eligibility for loans with favorable terms.

Our priority is to support members who demonstrate responsible financial behavior. By maintaining a good credit score, you not only increase your chances of loan approval but also open doors to better interest rates and more flexible repayment options.

If you have any questions or concerns about your credit score or loan eligibility, our dedicated member support team is here to assist you. Feel free to reach out to us at help@getprospa.com for personalized guidance.

Thank you for choosing Prospa for your financial needs. We look forward to helping you achieve your financial goals.

#TogetherWeProspa💜