Your Finance GuideAustralian finance education
Specialist

Lumi Finance

Digital SME lender with same-day decisioning on unsecured term and line of credit products. Fintech-style underwriting using bank-feed analytics.

SydneyFounded 2018ACL/Banking Licence 521074

Strengths

  • Same-day decisions
  • Bank-feed-based underwriting
  • Strong app experience

Watch out for

  • Pricing reflects unsecured risk premium
  • Smaller maximum loan size

Lumi products

Editorial reference covering the product range Lumi offers and the structural strengths and trade-offs we observe in the market. For the current headline rate and comparison rate, click through to Lumi\'s own rate card; the live number sits with them.

Business loans

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WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are based on a secured loan of $30,000 over 5 years for vehicle finance and $50,000 over 5 years for equipment finance, as required under the National Credit Code.

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The Lumi Finance rates above are publisher reference. The right product for your situation depends on income, deposit, credit profile, security and serviceability, and that comparison is what a broker does.

★★★★★4.9 across 320+ reviewsAustralian Credit Licence 505575Independent. Education first.