Once I finalise my small business loan can I redraw? April 20, 2020 02:38 Yes, you can. As you repay the loan, the funds become available to redraw, just like an overdraft facility. Related articles How does Propell charge for business lines of credit? How long will it take for my funds to settle into my account? How long does it take to access funds? Is there a time limit to use my business line of credit? Can I use my current business bank account to settle my funds? Comments 0 comments Please sign in to leave a comment.