Lumi

Lumi: agile funding for Australian small businesses

Lumi is an Australian lender specialising in small and medium-sized businesses. Its proposition focuses on business loans and lines of credit up to $1 million, with same-day approval and disbursement. The company presents itself as "Small Business Lender of the Year" at the WEMONEY 2025 awards and claims to have funded more than $1.5 billion to over 15,000 businesses since 2018.

Funding products

Lumi's catalogue includes two main products:

• Business line of credit: flexible access to funds as needed, with same-day approval for up to $1 million, unsecured options (subject to limits) and no ongoing or early repayment fees.
• Business loan: customisable funding with the option to pause repayments interest-free, same-day disbursement for up to $1 million, unsecured options (subject to limits) and flexible terms up to 5 years.

Embedded finance and technology

Lumi offers embedded finance solutions through API integrations that allow platforms to incorporate funding into their own environments. The company uses an AI-powered risk engine to make near-instant credit decisions and transparent pricing. Its proprietary technology evolves with every data point to deliver precise decisions.

Partner collaboration model

The company works with intermediary partners and platforms. For brokers, it offers funding for their clients with real-time credit decisions backed by its AI risk infrastructure, plus dedicated support from business development and relationship management teams. For platforms, it enables embedding funding without taking on risk, opening new revenue streams and fostering customer loyalty. Lumi claims to have more than 7,000 broker partners.

Track record and awards

Since 2018, Lumi has funded more than $1.5 billion to over 15,000 businesses across all major industries. The company is a member of AFIA (Australian Finance Industry Association) and has more than 7 years of experience in SME lending. Among the awards it displays are the WEMONEY 2025 awards in several categories (best for flexibility – line of credit, best for line of credit, best for value – business loans and Small Business Lender of the Year), as well as distinctions from AFR BOSS 2024, Affies 2023, Finnies 2023 and Deloitte Technology Fast 50 (2022 and 2021).

Customer and broker experiences

The site features testimonials from small businesses and broker partners. Customers highlight the speed of approval (a line of credit approved in less than 24 hours after submitting bank statements), the clarity of communication and the ability to adapt facilities to ease cash flow pressures. Brokers emphasise the speed of response, the quality of service and the support of business development teams, with examples of approvals in 38 minutes. Lumi reports a Net Promoter Score of 65.