I don't know if that's entirely true, but my research...

I don't know if that's entirely true, but my research from treasury website states non-bank lenders are still able to apply for the funding - via the same process bany lenders do. they do state however they are unlikely to give funds to non bank lenders that have <$50M assets, and limited SME lending experience. prospa exceed both these conditions, and are probably one of the most well positioned company's to flow credit into the market quickly given the makeup and customer base of SMEs, particularly ones who are impacted by recent events.

just search for corona virus SME guarantee scheme - supporting the flow of credit.


I have no idea on the %chances of them getting funding, but would guesstimate (based on nothing but gut feel) they'd be likely to be allocated some level of funding from the pool)