Remember how we promised flexible, fair and honest lending solutions?
We pride ourselves on being completely transparent with our loans. So, why not crunch the numbers and see for yourself using our handy loan repayment calculator?
Oh, and did we mention there won’t be any hidden fees or extra costs? Go on, try it for yourself.
Your Monthly Payment
- the amount you would like to borrow. We offer business loans from $5K to $500K to meet your unique funding needs.
Interest rate - there are no surprises with Lumi. That’s why we offer fixed interest rate business finance quoted in APR (annual percentage rate). Like the banks, we quote interest rates in APR (not simple interest rate). Knowing the APR gives you a more accurate comparison of business lending options, especially for any business loans with terms greater than 12 months. Don’t be fooled by a simple interest rate quote.
- you choose the length of the business loan in months, ranging from 3 months to 36 months, to help you manage your repayments and cash flow. We give you the flexibility to pay off a loan early without any additional fees or charges.
After filling in the details, press Calculate to find out the Total Interest and Total Repayment.
You’re only a few online steps away from submitting your business finance application with Lumi.
Tick the boxes to check if you’re ready to apply.
Receive a lending decision within just 2 hours