PropelPay FAQs
FAQs
What is PropelPay?
PropelPay is a B2B finance solution designed to make purchasing business equipment easier. Providing flexible terms and fast decisions, PropelPay allows businesses to spread the cost of equipment purchases over 1-4 years. PropelPay is integrated directly at point of sale, on webshop checkout, in store and contact centres.
How does PropelPay Work?
PropelPay is integrated into the checkout process. If an eligible product has been picked, simply select PropelPay as your payment option, complete a quick application and receive a fast decision. Once approved, you can spread payments on equipment up to £50k over 1 to 4 years making it easier to budget for essential purchases.
Who is eligible for PropelPay?
PropelPay is available to UK registered companies only. Approval is subject to status, terms and conditions apply.
What can I finance with PropelPay?
You may be able to finance a wide range of equipment from Mobiles and Tablets to Laptops and Audio Visual Equipment. The terms of eligibility depend on the type of asset being financed.
How quickly will I know if my business has been approved?
In most cases, you will receive a decision within minutes of completing the application. In some instances, there may be a short delay and we will update you on the progress of the application.
What happens after I’m approved?
Once your application is approved, you’ll be directed to the financial agreement for your review and signature. Once signed, you’ll be directed back to the merchant website to provide the delivery address and complete the purchase.
Are there any fees or hidden charges?
No – the total cost of borrowing and break down is included within the summary
Can I settle my financing early?
Yes, contact our Support Team on 0161 8412 300 or email [email protected].
How do I manage my PropelPay agreement?
For any queries about your agreement, please contact our Support team on 0161 8412 300 or email [email protected].
What happens if I miss a payment?
If you are unable to make a payment, please contact us on 0161 8412 300 to discuss your options. As per our terms of business, you may be charged fees for any payments missed.
Is PropelPay secure?
PropelPay uses industry-standard security measures to protect your data and ensure a safe, seamless experience.
Who do I contact if I have more questions about PropelPay?
For more information or assistance with PropelPay, please visit our website : www.propelpay.co.uk . If you have a sales enquiry, you can contact us on 0203 9090 222 or [email protected]. If you are a PropelPay customer, please contact our support team on 0161 8412 300 or [email protected]. If you are an existing partner, please speak with your usual PropelPay contact