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Lumi Small Business Loan

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

Business LoansCashflow LoansWorking Capital Finance
Source dated 23 Sept 2026
Amount
Up to $1M
Term
Up to 5 yrs
Rate
From 15.5% APR
Security
Varies
Enquire about this product

Product details

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

Loan amount
Up to $1M
Rate
From 15.5% APR
Term
Up to 5 yrs
Security
Varies
Structure
Term loan
Fees
2.5% establishment fee, deducted at settlement · 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
Not published by Lumi
rate type
Suitable purposes
Cash flowStockEquipmentGrowthSomething else

About Small Business Loan

Lumi publishes these details for Small Business Loan: structure term loan; loan amount up to $1M; term up to 5 yrs; security varies; time trading 6+ months trading; turnover $50K+ annual revenue. Not published by Lumi for this product: maximum LVR. Ask the lender or a finance specialist to confirm these before you apply.

How it differs from other Lumi products

  • Business Line of Credit: Structure is term loan here and line of credit for Business Line of Credit; Lumi publishes documentation (aBN or ACN, driver's licence and business bank account details (for online banking)) for this product but not for Business Line of Credit; funding time is same-day funding available; funds typically arrive 6 to 8 hours after approval, depending on bank here and approval and funding on the same business day; funds typically available the day approved for Business Line of Credit; Lumi publishes guarantees (personal guarantee required) for this product but not for Business Line of Credit.

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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
Rates and other criteria
Rate
From 15.5% APR
Repayments
Weekly
Trading
6+ months trading
Source dated 23 Sept 2026
Details for Lumi Business Line of Credit

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