How is Propell different to a bank?2020-04-21T12:17:50+10:00

We do not require you to:

– have been in business for 3 years

– provide us with the last two years of audited financials

– provide us with the two most recent tax returns

– provide us with pages and pages and pages of paper bank statements

– provide your home (or any other collateral) as a guarantee

We don’t take weeks to make a decision.

How do I know if I am eligible for CashFlowHero?2020-04-21T12:21:39+10:00

Any Australian business with an ABN or ACN which has been active for at least 12 months is eligible to apply. Propell provides payment tools and lines of credit to small businesses including Pty Ltd companies, sole traders, partnerships and trusts.

When I login with my online banking details, what does Propell see?2020-04-21T12:25:02+10:00

We don’t see your login details. 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 1300 804 091 or email

Who is Propell?2020-04-06T12:56:51+10:00

Propell is an Australian based fintech, helping SME’s to run and grow their business with payments, lending and cash flow products. You can find out more about our company at

What is a Line of Credit and how is it different to a loan?2020-04-06T12:57:16+10:00

The key difference between a small business line of credit and a small business loan is that, as you repay the line of credit, the funds you’ve repaid are available to redraw again up to the credit limit. Additionally, you only pay interest on the funds you draw down on the line of credit, rather than paying interest on the full amount at time of approval.

Why do I need to provide my online bank account login details?2020-04-06T12:57:32+10:00

By providing your online login details, Propell can assess your bank transactions in real time to assess your application and 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.

What is the duration of the business loan?2020-04-21T12:26:08+10:00

The loan term is 6 months.

How much can I borrow?2020-04-21T12:26:35+10:00

Propell analyses the health of your business to offer a business line of credit line that is affordable and appropriate for your business. We offer a line of credit between $2,000 and $100,000.

Once I finalise my small business loan, can I redraw?2020-04-21T12:27:30+10:00

Yes, you can. As you repay the loan, the funds become available to redraw, just like an overdraft facility.

Can I pay my loan out early?2020-04-21T12:28:13+10:00

You can pay out your loan early, and there are no early payment fees.

What is an “unsecured” line of credit?2020-04-21T12:36:41+10:00

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

How long will it take for payments that I accept to be settled to my bank account?2020-04-21T12:29:12+10:00

Settlement of payments into your nominated account takes around 2 business days.

Is there an establishment, monthly account or annual fee for CashFlow Hero?2020-04-21T12:30:08+10:00

No, Propell CashFlowHero is completely free to sign up for. There are no establishment, monthly account, or early repayment fees. 

How does Propell charge for the business line of credit?2020-04-21T12:30:59+10:00

The cost structure of our lending is straightforward. We don’t charge any interest. Instead, loan fees are assessed based on the information you provide and data sources you connect.

Fees are 2% – 9.75% of your selected small business loan amount the first 2 months and 1% for each of the remaining 4 months. Every month, for six months, you pay back 1/6th of the total amount plus the monthly fee. There are no early payment fees. In fact, early repayment will shorten the length of your small business loan and save you on future monthly fees.

How does Propell charge for Payments?2020-04-21T12:31:53+10:00

There is no charge to send a payment request. When the customer pays either via Phone Payments or via the payment link, there will be a charge of 1.6% + 30c (excl GST) per transaction (Visa and Mastercard transactions). You can chose to accept this charge yourself or pass this onto the customer.