David Brennan founded Kikka Capital in 2015 in Perth, WA. Brennan had long felt that there was an opportunity for small businesses that was not being fulfilled because of a lack of financial backing from traditional banking institutions.

But in October 2020, Kikka has officially rebranded to Propell Cash Flow Hero. Itis now proudly a part of the Propell Holdings Limited, a digital finance platform aimed at helping small and medium businesses, and is continuing Kikka’s founder’s dreams.

This review of Propell Cash Flow Hero financing (former Kikka Capital) will help you better understand your business financing options to handle cash flow. When your business needs cash flow and quick, Propell can get you approved in less than 10 minutes for up to $100,000.

🌐 Website:	https://cashflowhero.com
®️ Logo:
📝 ABN:	83 625 869 847
📝 Credit License:	625 869 847
💰 Loan Amount	$2,000 – $100,000
⏲️ Loan Term	1 to 6 months
💸 Unsecured Loans?	Yes, they offer one product – an unsecured line of credit
⌚ Lender Requirements	ABN or ACN Has been active for at least 12 months
📃 Required:	Driver’s license Bank details
⏱️ Response Time:	Quick response time and money sent to your bank account in 2 business days
🌝 Easy to Apply:	Yes

The Nitty-gritty

💌 Online Reviews:	4.6 / 5 – Based on 33 reviews on Trustpilot
🏆 Awards and Recognition:	Propell is listed on the Australian Securities Exchange (ASX) with the ticker PHL.
💳 Minimal Interest Rates:	Fees are between 2% and 9.75% of your business loan amount for the first 2 months and 1% on the remainder of the loan for each of the remaining 4 months (for a 6-months loan). So something in the proximity of 12-28% APR
⚖️ Advantages	You can make early repayments without penalty fees The entire application process is easy and online
⚖️ Disadvantage’s	Higher than average entry levels Limited to very short term loans, as opposed to competitors like Prospa who offer loans up to 3 years Less known and recognizable than competitors in this space Minimum APR of 12%
Compare Propell	Compare Propell with 30+ Australian Lenders on Lend.com
Review Table of Contents	Short Summary Company Story Client Reviews Loan Compatibility

Discover Propell Competitors

Short Summary:

Propell Cash Flow Hero finance options require the business to be an Australian business with at least 12 months of active history, with a minimum turnover of $100,000+ over the last 12 months. Clients may borrow as little as $2,000 up to $100,000 in a matter of 10 minutes. These unsecured loans require a valid driver’s license of the applicant to verify identity and are not guaranteed approval loans. Propell loans are strictly short term with a minimum of 1 month up to 6 months for repayment. Propell gains insight into their potential client’s financial stories through reviewing their bank statements online. Propell Reviews through TrustPilot are overall satisfactory.

Company Story

Kikka Capital started back in 2015 and was soon financially backed by US company Kabbage to help support SME growth in Australia. But in October of 2020, the company rebranded as Propel Cash Flow Hero and became part of Propell Holdings Ltd. As an alternative lender, Propell does not require stacks of tax paperwork or financial documents for past years to qualify for future endeavours or present cash flow needs. Instead, Propell reviews cash flow for the business through online bank statements. Within minutes Propell can assess whether a business should be extended a loan term and at what rate they will be charged.

Since the loans through Propell operate as a credit line, clients only pay fees on the amount that is actually borrowed. This allows businesses to cut costs when they are unsure of exact costs needed to cover cash flow, i.e. when a repair of equipment needs to be done, but it could cost between $25,000 and $50,000 – the company can request up to $50,000 and borrow less if they do not need it. This could save the borrowing company over $2,000 in total fees and provide the peace of mind that if the bill comes back at $50,000 they are covered.

Propell Reviews by Clients

Propell client’s success stories shared on their webpage demonstrate that SMEs need extra cash flow to help fund their growth and vision and Propell has been able to help them achieve their growth goals. They have helped clients meeting their goal of weekly payroll for their employees, expanding inventory, buying necessary equipment, and funding new projects. Propell has provided peace of mind for its clients to be able to focus on their businesses.

The only negative review found on Trustpilot was from a person that claimed it didn’t get a reply from the company after putting in the application. For this review, the Head of Customer Experience at Propell has responded on the Trustpilot forum to the complaint and explained that they did reply but unfortunately the client wasn’t approved for an account with the company. It seemed to be very thorough in their response and still professional.

Propell Cash Flow Hero Client Reviews – Data:

TrustPilot Australia: 33 reviews, 32 Positive, 1 Negative – Average Score 4.6 / 5

Analysis of Client Reviews:

Reviews on Trustpilot shows that customers are satisfied with Propell Cash Flow Hero and they can focus on running their businesses instead of spending time trying to work with banking institutions that may not share their vision for their businesses.

Propell Loan Compatibility

Startup: No, Propell requires borrowers to be in business for a minimum of 12 months

Bad credit: Yes, Propell does not factor in your personal credit score

Sole trader: Yes, Propell will work with Sole traders, partnerships, SMEs, Pty Ltd Companies, and Trusts

Minimum Monthly Turnover:  Propell requires a minimum revenue of $100,000+ over the last 12 months

Business Purchase: Not Listed

Established business: Yes, Propell will accept any established business.

Maximum Loan Amount: $100,000