Partner with us2025-02-07T16:02:17+10:00

A guide for partners and brokers

Working with us

  • Up to $250K for your clients

  • Up to 24 month loan terms available

  • Generous commission structure

  • Unsecured

Quick Quote

Submit some basic deal information and we’ll give you an INSTANT indication of approval.

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Why we’re different

Line of Credit

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 Financial Year
    • PROFIT & LOSS – Current FY YTD and last full Financial Year
  • Debt Details

    • ATO and Superannuation amounts owing
    • All loans, including amount, interest rate and remaining term
  • Business Information

    • ABN
    • Business background
Line of Credit

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.

What are our minimum requirements?

SME Business Loan

Line of Credit

Flexible business loans up to $250K

  • No early repayment fee

  • Flexible term up to 24 months

  • Unsecured

  • Access up to $250K

  • Risk based pricing between – average 2.3%

  • Conditional approval before any Credit Checks done.

  • Account stays open so easy to re-apply for new funds.

  • Funding possible within 24 hours

  • Monthly repayments

Generous commissions for partners

The process

1 – Submit a scenario

Please send us any scenarios which meet our minimum requirement criteria.

Submit scenarios using our Quick Quote tool.

2 – We’ll provide a preliminary approval

We will review and provide a high level view of the likelihood of this application being approved, along with the potential amount and rate.

3 – Client submits an application

If the customer wishes to proceed, they can do so via our portal using your unique link to ensure the application is tracked back to you.

4 – Client is approved for an available balance

If the client is approved, they will have access to an available balance, which they have 3 months to draw upon. Your commission is paid the same day the client is funded their loan. 

Partner Expressions of Interest

FAQ’s

Here are some answers to our most common questions from brokers and partners.

When will the commission be paid?2024-10-16T13:28:13+10:00

Commissions are paid when the loan is funded to the client.

How does the Propell repayment schedule work?2023-03-13T10:49:48+10:00

Here is an example of a Propell repayment schedule

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Will the application impact my clients credit file?2023-03-13T10:52:00+10:00

There are several stages to the assessment

  • The preliminary approval when you provide us with the initial scenario to vett, will have no impact the clients credit file.
  • Once presented with a conditional approval within our online application form, there will still be no impact to the clients credit file.
  • Only if the client ticks our T&C’s to agree to proceed with the application, they will be advised that we are requesting access to their credit file.
Are there any ongoing fees for my client?2023-03-10T15:38:32+10:00

Customers are only charged the interest on their loan once drawn down. There are no fees associated with maintaining an available balance.

How does my client submit an application?2023-03-13T10:52:14+10:00

Once we have offered you a preliminary indication of approval, you can go ahead and request your client to submit an application.

This is done online (using your brokerage unique application link). The client is required to complete just 4 short pages including:

01 – Setting up their secure login

02 – Adding their ABN and business details

03 – Confirming their director ID

04 – Connecting their bank account details so we can undertake a full assessment in real time

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How does my client access their funds?2023-03-13T10:39:40+10:00

To access the funds, the client simply log’s into their Propell account and submits a request to draw down funds as follows:

01 – Go to Get Funds section of dashboard and enter the desired amount

02 – Select the timeframe preferred for the repayment of funds, and if they wish to consolidate with any other external or internal loans

03 – View the repayment schedule and confirm the request.

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How do my clients make repayments?2023-03-13T10:47:53+10:00

Repayments are made monthly and paid via automatic direct debit from the clients nominated bank account.

Repayments are due exactly one month from the signing of the contract, and every month there after. (e.g. contract signed on 14th April, first repayment would be due 14th May)

Additional repayments can also be made via the dashboard.

Platform Partners