Non-bank SME lender
Lumi
Lumi is a non-bank lender offering term loans and lines of credit to Australian small and medium businesses. Check whether Lumi fits your client's scenario before you call.
Products
Term loan
Line of credit
Lender overview
Lumi business loans and lines of credit
About Lumi
Lumi is an Australian small business lender that has been lending since 2018. It offers business loans and a business line of credit, lends directly and through brokers, and also provides embedded finance inside platforms that businesses already use. Lumi is a member of FinTech Australia and the Australian Finance Industry Association (AFIA), and its lending runs on its own technology.
How Lumi lends
Lumi typically assesses a business through a bank account integration and an online application. For larger deals it may ask for financials and tax information, and larger amounts or higher credit risk may require property security. Lumi also offers repayment features such as Rate Ease, Payment Pause and Payment Holiday.
Lumi products
Small business loan: a customisable term loan repaid over a set term.
Business line of credit: an approved limit the business can draw on and repay as needed, paying only for what it uses. It can suit uneven cash flow, seasonal stock or short-term gaps.
Embedded finance: funding offered inside platforms that small businesses use.
Working with Lumi as a broker
Any finance or commercial broker in Australia with appropriate licensing and credentials can partner with Lumi, either directly or through an aggregator in Lumi's network. Brokers get accredited through Lumi's broker signup, then submit and track applications in the Lumi Partner Portal, which also has product brochures and market insights. Accredited brokers have a dedicated Lumi BDM for scenario assessments. Lumi says commission is paid weekly and that lines of credit earn lifelong trails.
What your client will usually need
Australian-registered business
Bank account integration and online application
Financials and tax information for larger deals
Property security for larger or higher-risk loans, where required
Is Lumi the right fit for your client?
Loan amounts, terms, minimum trading history and turnover change over time, and every lender sets its own policy on credit, industry and security. Enter your client's scenario in Visro to see whether Lumi fits today and how it compares with the rest of the panel. Lenders can't pay to rank, so results reflect policy alone.
Lumi FAQs
Is Lumi a bank?
No. Lumi is a non-bank small business lender.
Does Lumi work with brokers?
Yes. Licensed brokers can get accredited directly or through an aggregator and use the Lumi Partner Portal.
Does Lumi pay broker commission?
Lumi says commission is paid weekly, with lifelong trails on lines of credit. It doesn't publish rates.
Does Lumi offer a line of credit?
Yes, alongside its small business loans.
Does Lumi take security?
Lumi says larger amounts or higher credit risk may require property security.
Similar lenders on Visro
Sources
Information on this page is general, is based on Lumi's public materials and industry news, and was last reviewed in November 2026. It may change. Always confirm current products and terms with Lumi.
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Lender names, logos and trade marks belong to their respective owners and are used only to identify the lender. Inclusion on Visro does not mean a lender endorses Visro or has a commercial relationship with us. Product information is general, may change, and is not an offer or recommendation of credit. Always confirm details with the lender. Visro does not provide credit assistance or financial advice.