Lender panel
Lumi through Lyft Money
Lumi is an Australian fintech lender providing unsecured business loans and lines of credit to small and medium enterprises, with an emphasis on a simple online process and clear terms. It is known among brokers for flexible features such as repayment pauses on some products, and for assessing applications from business bank data rather than full financial statements.
Lyft Money is an independent broker. Lumi is one of 18+ lenders on our panel; we are not Lumi and do not speak for them. Product details change — your broker confirms current terms before anything is submitted.
| Typical amounts | $5,000 – $500,000 |
|---|---|
| Typical speed | Often same or next business day |
| Products we place | Unsecured business loan, Business line of credit, Low-doc business loan |
| Website | www.lumi.com.au |
Where Lumi is strong
- Simple online application with fast turnaround
- Flexible product features including repayment pause options on some facilities
- No property security required for standard facilities
Things to weigh up
- Unsecured pricing sits above bank and asset-backed alternatives
- Minimum trading history applies, so very new ABNs are usually outside policy
- Director guarantees are standard
Lumi competes on the experience as much as the money: a short application, quick decisions, and product features designed for businesses with uneven months. The repayment flexibility on some facilities is genuinely useful for seasonal operators, provided the conditions attached are understood before signing.
As with any unsecured facility, the question we ask first is whether the purpose justifies unsecured pricing. Where equipment is being purchased, asset finance is usually cheaper. Where the need is a genuine short-term working capital gap, Lumi is a reasonable option to compare against the rest of the panel.
Key terms
Lumi business loan through a broker
An unsecured term loan for an Australian SME arranged by an accredited broker, assessed largely from business bank statements rather than full financials.