Flexible Business Loan

Flexible and fast access to business funds

Borrow between $5,000 – $250,000
Up to 24 months to repay
No asset security required
Designed for small business

What is a Propell Flexible Business Loan?

Access up to $250K

You’ll be approved for a total limit up to $250K.

No asset security

There’s no asset security required. You don’t need to put your personal assets on the line.

Repay early and save

No penalty to repay early and save. Don’t get locked into a loan that you only need for a few months.

Re-draw facility

Once you repay the loan, the process to access the funds again is much simpler second time around, as an existing customer.

We look deeper to back good businesses.

What information do we need?

We assess on financial information which allows us to look deeper to better understand the businesses financial capacity.

Financial Statements
We review financial statements so we can overlook the other potential issues. We can turn around a fast review if you connect your clients Accounting package HERE.
- BALANCE SHEET – Current FY YTD and last full FY
- PROFIT & LOSS – Current FY YTD and last full FY
Debt Details
- ATO and Superannuation amounts owing
- All loans, including amount, interest rate and remaining term
Business Information
- ABN
- Business background

Why do we need that?

This deeper understanding means that we may be able to overlook some aspects, typically looked poorly upon by most lenders.

Poor credit

We assess based on financial performance so we may be able to overlook poor credit.
Refinance higher risk lenders

We are happy to refinance. We assess your clients capacity for repayments, regardless of their high risk lending history.
Dishonours, or even Defaults

Can the Dishonours or Default be reasonably explained? With enough evidence we can overlook them, but it may affect pricing.
Loan stacking

We can lend funds along side other loans, as long as the total repayments are deemed affordable.

Get a business loan for

Staff overheads

New equipment

Cover for when customers pay late

Outlay for materials prior to jobs

Frequent Questions

Haven’t used a line of credit before? No sweat. We’ll help get you up to speed.

How much can I get access to?Sarah Leaman2025-06-26T17:19:23+10:00

How much can I get access to?

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

How long do I have to repay?Sarah Leaman2025-06-26T16:27:32+10:00

How long do I have to repay?

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?Sarah Leaman2025-02-17T17:09:23+10:00

What is an “unsecured” Business Loan?

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?Sarah Leaman2025-02-17T17:12:01+10:00

How do I know if I am eligible?

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?Sarah Leaman2025-02-17T17:16:54+10:00

Can I pay my loan out early?

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

View all FAQ’s

What do you need a business loan for?

Grow your business

A line of credit can be a really flexible option when it comes to wanting to grow your business, especially if you want to approach growth in stages, and build slowly. You will be approved for a full limit, but only draw on what you need, when you need it.

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Grab opportunities

You never know when the next opportunity is going to come along, but a business loan means you don’t need to miss out on them when they do. Perhaps it’s a bond on your new dream premises that’s just become available, or perhaps a big contract you need to outlay for materials in order to accept it.

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Fill cashflow gaps

Every business has its ups and downs when it comes to cash flow. Cash flow gaps don’t usually mean its not a great business, it simply means there is a time difference between when money comes in and when it goes out. Get smarter about how you manage your cash flow and fill those cash flow gaps when they arise with a business loan.

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