Hamilton Locke Advises Prospa on its Strategic Acquisition of a Business Loan Portfolio from Zip

Hamilton Locke is delighted to have advised Prospa Group Limited (ASX: PGL) (Prospa), Australia’s leading online lender to small businesses, on its successful acquisition of the Zip Business loan portfolio from Zip Business Pty Ltd (Zip) for approximately A$15.6 million. This strategic transaction, funded through Prospa’s existing warehouse funding arrangements, was settled last week. The […]