Download the Propell App on the Apple Store
Download the Propell App on Google Play
Log In

Download mobile app

Download the Propell App on the Apple Store
Download the Propell App on Google Play
Log In
Propell Logo
Propell Logo
Get started
Business Loan2022-06-28T11:39:35+10:00

Business Loan

Simple and fast business loan for small business

  • Borrow up to $250,000

  • Repay over 12 months

  • No asset security required

What is a Propell Business Loan?

A simple finance solution for your business

Many other providers require you to jump through so many hoops with having to provide so much paperwork to access business finance.
We take a different approach.

Line of Credit

Propell Business Loan
requirements

  • 100% online application

  • No paperwork

Bank Loan

Usual business finance
requirements

  • Tax Returns

  • Financial Statements

  • Printed bank statements

  • Business Plan

  • Business certificates

Get Started

What do you need a Business Loan for?

How does Propell work?

Apply in 7 minutes, get approved in 24 hours. There’s no paper work required as we look at your real time business data to perform the assessment.

We’ll show you that real time data that we collect so that you can understand your business better and get a financial health check.

You’ll have access to all products that can help your business, including a Line of Credit, Customer Card and Zip payments and more coming soon. It’s a more holistic approach to managing cash flow.

  • Propell Brandmark - Coral

    "Great, easy to use service. It seriously could not have been easier to apply. Will be using this service again and again."

    "Great, easy to use service. It seriously could not have been easier to apply. Will be using this service again and again."

    Mario – AC Markets

It’s easy to get started

  • Propell Application - Apply in less than 10 minutes

    1.Apply in less than 10 minutes. No paperwork.

  • Propell Application - Get feedback on your business health

    2. Get feedback on the health of your business.

  • Propell Application - Access our products

    3. Get access to the products that suit your business cash flow.

  • Propell Application - Apply in less than 10 minutes

    1.Apply in less than 10 minutes. No paperwork.

  • Propell Application - Get feedback on your business health

    2. Get feedback on the health of your business.

  • Propell Application - Access our products

    3. Get access to the products that suit your business cash flow.

Get Started

Get a business loan for

Staff overheads
Buy new equipment
Repairs and maintenance
Open a new premises

Frequent Questions

Haven’t had a business loan before? No sweat. We’ll help get you up to speed.

How much cash can I access from a business loan?2022-05-19T08:52:26+10:00

Propell analyses the health of your business to offer a business loan amount that is affordable and appropriate for your business. We offer business loans between $4,000 and $250,000.

What is an “unsecured” business loan?2022-05-19T08:47:11+10:00

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

How does Propell charge for a business loan?2022-05-19T08:55:27+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 from less than 1%  per month of your selected small business loan amount for the 12 months. Every month, you pay back 1/12th of the total amount plus the monthly fee. There is an early repayment fee, so if you’re likely to repay early, it might be best to look at our Propell Line of Credit.

View all FAQ’s
Get Started

Have questions?

1300 804 091
Request a Callback

Move forward today

Get started