Frequent Questions
It’s your job to know your business, it’s okay if you have questions about ours!
About Propell
Propell is an Australian based fintech, helping SME’s to access they funds they need to keep moving forward.
Lending
We offer business loans from $20,000 up to $250,000.
Any amount that you draw down from your available balance is repaid over a 12 or 24 month period.
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.
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.
Yes. We have no early repayment fees so you can pay the loan out when suits you.
Application process
Yes we do check your credit file but this only happens at the very final stage in the assessment process, once all other criteria are met, and we have your approval to do so.
By providing your online login details, Propell can assess your bank transactions in real-time to determine a line of credit that is affordable for your business.
This information is provided to us in a read-only format, so your information remains protected.
We don’t see your user name or password.
We see your banking transactions in a read-only format. We can’t access or transact from your business bank account.
For more information please call or email us, if you have any questions.
Other questions
Please email us on support@propell.au or call us on 1300 804 091, and we can assist.
If you know you can’t make a scheduled direct debit payment, please contact us via phone on 1300 804 091 or email at support@propell.au.
We will work with you to determine the best possible solution to get you up-to-date.
