iscover 
The feature enables eligible businesses to earn up to 500,000 Qantas Points per loan when taking out a Prospa Small Business Loan or Business Loan Plus.
The lender also indicated that further functionality is expected to be introduced, including the ability for businesses to pay bills through its payments platform.
The move comes as demand for SME finance continues to grow, with Prospa research showing that 34 per cent of small businesses expect to access external funding over the next 12 months.
At the same time, non-price factors appear to be playing a larger role in lender selection. According to the research, 36 per cent of SMEs said the ability to earn Qantas Points would make them more likely to choose a finance provider.
Loyalty programs are already widely used among small businesses, with 61 per cent collecting rewards points and 43 per cent redeeming them in the past year.
For brokers, Prospa said that the addition of rewards-linked lending may provide another lever when working with clients, particularly as expectations extend beyond speed and pricing alone.
Prospa co-founder and chief revenue officer Beau Bertoli said the partnership reflects a broader shift in how SMEs assess value when choosing financial products.
“Small business owners work incredibly hard, they’re often the first to open, the last to leave. This partnership recognises that effort in a way that genuinely matters,” he said.
“By pairing funding with Qantas Points, we’re adding tangible benefits to everyday business progress.
"At Prospa, we’re committed to going beyond traditional lending by creating real value for Australian small businesses. Our new partnership with Qantas lets eligible business loan customers earn Qantas Points - a first-of-its-kind offering that sets us apart in a competitive market.”
“This is a big deal. We know small business owners care about reward points, and our new partnership provides meaningful travel benefits. For finance brokers, it’s a powerful differentiator that sets their recommendations apart. Brokers can now present clients with an exclusive advantage no other lender offers, helping them close more deals faster and build stronger, longer-term relationships."
Qantas Points earned through the program can be redeemed for travel, accommodation, and other business-related expenses.
The Qantas Points feature integrates into Prospa’s existing application flow and complements a suite of tools designed to give businesses greater control, including Tap to Pay, Bill Pay, Xero integration, and the Prospa App. The offer is now available to eligible customers.
[Related: ‘Critical window’ emerges for brokers as Payday Super changes loom]