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Propell Logo
Line of Credit For Small Business2022-04-28T09:25:26+10:00

Line of Credit

Line of Credit For Small Business

  • Borrow up to $250,000

  • Use funds again & again

  • Apply in minutes

Get On Top Of Your Cash Flow

Keep your business moving with a Propell line of credit. It is completely free to apply online and only takes a few minutes. Propel’s line of credit is completely unsecured, meaning you do not have to put up any assets as security or collateral.

With your line of credit, you will be able to ensure you are able to:

Pay Wages – Buy Stock – Cover For Late Payments – Pay Supplier Invoices

Bank Loan

Average Business Loan

  • Full amount is interest bearing

  • Once only use. Need to reapply for future loans.

  • Small business struggle to get approved, especially by banks.

Line of Credit

Propell Line of Credit

  • Interest only added once balance is drawn.

  • Re-pay loan and the balance is available again.

  • Line of credit designed with small business in mind.

What do you need a Line of Credit for?

"I’d been having trouble getting a loan as I had some issues in my banking, like days in negative. I submitted my Financial statements to Propell and they were able to see clearly that I am running a solid business and were able to give me the funds I needed."

"I’d been having trouble getting a loan as I had some issues in my banking, like days in negative. I submitted my Financial statements to Propell and they were able to see clearly that I am running a solid business and were able to give me the funds I needed."

Propell customer

Ready to take your business forward?

Our team are here to support you – every step of the way.

How much can I get access to?2025-06-26T17:19:23+10:00

We offer business loans from $20,000 up to $250,000.

How long do I have to repay?2025-06-26T16:27:32+10:00

Any amount that you draw down from your available balance is repaid over a 12 or 24 month period.

What is an “unsecured” Business Loan?2025-02-17T17:09:23+10:00

An unsecured business business loans or credit is funding that doesn’t require you to put up any of your valuable assets as security or collateral.

How do I know if I am eligible?2025-02-17T17:12:01+10:00

Our basic criteria are as follows:

  • Business has been operating for 12 months or more
  • The business is profitable
  • The current level of debt in the business is within affordable limits

If you are not sure, we recommend to complete our application form anyway and find out if you are conditionally approved. Finding out if you have a conditional approval will not impact your credit file at all. You’ll be prompted before you take any action that would impact your credit file.

Can I pay my loan out early?2025-02-17T17:16:54+10:00

Yes. We have no early repayment fees so you can pay the loan out when suits you.

How can we help?