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Zip Business Capital Product Closure

As of 2 May 2023, Zip Business Capital has been closed and no new applications are being accepted.

If you are an existing Zip Business Capital Customer you can still sign in to manage your account.

Important Information

Please be aware that:

  • Zip is no longer accepting new applications for Zip Business Capital accounts.
  • To support existing Zip Business Capital customers who may require an ongoing solution to continue to support their business, Zip has entered into an agreement with Prospa Group Limited, who will acquire the Zip Business loan portfolio.
  • Zip and Prospa are currently working through a migration process and will continue to provide updates on the process over the coming weeks to ensure a smooth transition for customers.
  • For more information, please see the frequently asked questions below.
  • For those customers with a current Zip Business Capital Loan, you will continue to be debited in accordance with your current repayment schedule under the Contract.
  • If you want to pay back early, give us a call on 1800 10 70 10 or email business@zip.co and we will provide an early payout amount. This will include the principal outstanding and only the interest outstanding for your current payment period, and no early break fees.

Frequently Asked Questions

  • As communicated in May 2023, due to a range of factors, Zip made the decision to close Zip Business Capital.

    To support existing Zip Business Capital customers who may require an ongoing solution to continue to support their business, Zip has entered into an agreement with Prospa Group Limited, who will acquire the active Zip Business loan portfolio.

    Zip and Prospa are currently working through a migration process and will continue to provide updates on the process over the coming weeks to ensure a smooth transition for customers.

Get in touch with Zip Business

If you have a question

Our comprehensive FAQs page probably has the answer.

FAQs

If you prefer the phone

We're pleased to take your call on 1800 10 70 10.
You can contact us from Monday to Friday between 9:00am and 5:30pm.

Call us

Zip Business Australia Pty Ltd. Level 7, 180 George Street, Sydney, NSW, 2000