Propell release 101 Guide for SME Finance as guiding light for Aussie businesses-owners

Australian fintech, Propel has launched a unfastened one zero one Guide to SME Finance off the returned of a regarding perception that 60 percentage of Australia small-commercial enterprise proprietors aren’t privy to the overall scope of alternatives which are to be had to them.

Crowdfunding, Invoice Financing, Business grants, Revenue Financing, Lines of Credit and Small Business Loans are only some of the subjects included withinside the downloadable guide, written with the aid of using Financial professional Estelle Fletcher.

Propell CEO Michael Davidson says the fintech enterprise has regrettably had a the front row seat in staring at the hit that Australian SMEs have taken because of the pandemic.

“It’s no mystery that Australian small organizations are suffering. SMEs are our customers and our partners, and we’ve visible first-hand simply how difficult matters have become.”

“As monetary creditors we’ve a obligation to step up here. Small commercial enterprise is suffering, its a completely unhappy situation for Aussie commercial enterprise – one which we would love to peer change.”

“We’ve spent the final yr speakme to Australian SMEs approximately locating answers to regularly very complex conditions and as a monetary offerings provider, we will’t usually assist them. But we will assist to train them primarily based totally at the information gaps we recognise exist.”

“It’s important that SME’s recognise what levers they could pull outdoor of conventional finance,” he stated.

Estelle Fletcher, the writer of one zero one Guide to SME Finance, says that during her 10 years of revel in as a Financial Planner, she has by no means visible a greater risky time for small-commercial enterprise and is so satisfied to be imparting her information to Aussie organizations for unfastened.

“The genuinely great factor approximately what Propell is making an attempt to do with the one zero one Guide to SME Finance is that it’s basically a unfastened session with an enterprise professional, its unfastened professional information,” stated Fletcher.

“If there are any commercial enterprise-proprietors suffering proper now, down load this book, study it, I can assure there are alternatives to be had to you which you may not have regarded approximately.”