Don’t be afraid of debt. Many entrepreneurs and businesses are utilizing debt to their advantage. Understanding debt and how you can use “good debt” to scale your business is what this article is about. When used wisely good debt can be a powerful strategy that contributes to business growth and long term business success. What […]
Is now the right time to expand your business?
The key to a successful business is figuring out how to grow it from day one. When you take the bold step to start your business, you figure out how to get your first buyer. When you get that first buyer, you figure out how to get the next one, then the next five, the […]
Looking Back at August, Moving Forward Into September
August was a month of progress, learning, and growth – for entrepreneurs and for us at Prospa. Each week brought fresh insights designed to help business owners take control, simplify operations, and prepare for bigger opportunities. We began the month with a focus on export-readiness. Expanding into regional and international markets is one of the […]
Simplifying Everyday Business Payments: Why BillPay Matters
In a typical week, most businesses juggle multiple “small” payments – electricity, internet, airtime and data for the team, software subscriptions, and other essentials. None of these are strategic on their own, but together they can consume time, create avoidable risk, and distract you from work that actually moves the business forward. The hidden cost […]
What We’ve Learned from Online Entrepreneurs: Building Businesses That Click
At Prospa, we’re constantly learning from the experiences of our team members who work directly with business owners every day. Recently, our Client Support, Cosmas Odinaka, shared his perspective on speaking with founders who run online businesses – retailers, service providers, creators, and niche marketplaces. Their industries differ, but their goals rhyme: build trust, ship […]
Scaling Your Online Business: Practical Lessons for Sustainable Growth
Growing an online business is not about doing everything at once. It’s about getting the right few things consistently right – trust, conversion, cashflow, and retention. When these fundamentals work together, growth compounds. 1) Make trust visible Trust is the first conversion. Be explicit about delivery timelines, return and refund policies, total costs (including shipping […]
Terms & Conditions of the LinkedIn 50% Cashback Campaign.
1. Eligibility Offer valid only for new Prospa Business Accounts who signed up during the campaign period through the influencer collaboration. To qualify, clients must send a confirmation email to rewards@prospacapital.com with Oluwatosin Adegoroye’s name in the subject line and include their Prospa account number in the body of the email. 2. Cashback Benefit Eligible […]
Powering Business Growth with Simplicity
Access to the right financial support can often be the difference between a business that survives and one that truly thrives. At Prospa, we know the challenges many business owners face when trying to secure funding – long waiting times, overwhelming paperwork, and processes that aren’t built with small businesses in mind. That’s why we’ve […]
The Invisible Work Behind Supporting High-Growth Businesses
At Prospa, we’re constantly learning from the experiences of our team members who work directly with business owners every day. Recently, our General Manager, Efosa Imade, shared his perspective on what it really takes to support high-growth businesses. His reflections shine a light on something many people overlook: the invisible work that keeps businesses moving […]
How to Get Your Business Export-Ready for Regional and International Markets
Regional and international trade is opening new doors for African businesses. Opportunities are growing, but so are the demands on how you manage your operations, especially your finances. For many business owners, the real challenge isn’t finding buyers. It’s ensuring that when the opportunity comes, your business is ready to deliver without financial or operational […]
August Roundup
Hope you were able to crush your August Goals and wishing you an even better september. Here’s a recap of some of the important campaigns and events from August and some to look forward to in September. Refer & Earn Season 3 Season 3 of the Prospa Referral Program will run from August […]
Discontinuation of Partner Bank Accounts
To provide a more seamless banking experience for your business, partner bank accounts are being discontinued. What does this mean? Kindly update your application to the latest version on Play Store or Apple Store, to view the changes to your account details. We understand you might have questions about this transition. Please don’t hesitate to […]