Skip to content
The Business Loan Store

Lumi Small Business Loan

Small business loan up to $1M, with weekly repayments, for funding cash flow, stock, equipment or growth.

From lender's website, 23 Sept 2026
Amount
Up to $1M
Term
Up to 5 yrs
Rate
From 15.5% APR
Security
Varies

Product details

As published by Lumi. Details not published by the lender are marked.

Loan amount
Up to $1M
Rate
From 15.5% APR
Rate type
Not published
Term
Up to 5 yrs
Security
Varies
Structure
Term loan
Fees
2.5% establishment fee, deducted at settlement ยท No early repayment fees
Repayment frequency
Weekly
Early repayment
No early repayment penalties
Time trading
6+ months trading
Turnover
$50K+ annual revenue
Documents
ABN or ACN, driver's licence and business bank account details (for online banking)
Guarantees
Personal guarantee required
Funding time
Same-day funding available; funds typically arrive 6 to 8 hours after approval, depending on bank
Restrictions
Valid ABN or ACN. Most amounts up to $300K are unsecured; larger amounts may need property backing
How to apply
Direct with the lender, or through us
Suitable purposes
Cash flowStockEquipmentGrowthSomething else

More from Lumi

Business Line of Credit

Business line of credit up to $1M, with weekly repayments, for businesses managing cash flow.

Amount
Up to $1M
Term
Up to 5 yrs
Security
Varies
Rate
From 15.5% APR
Repayments
Weekly
Trading
6+ months trading
From lender's website, 23 Sept 2026
Details for Lumi Business Line of Credit

Similar products from other lenders

Not sure where you fit? Let us find it.

Tell us about your business once. We will look at your whole situation and match you with lenders likely to approve and fund it.

Start typing to search finance types, lenders, products and guides.