LUMI PAYMENT HOLIDAY

Get funds now. Pay back later.

Up to $1M in 24h.
Zero payments for 6 weeks.
Conditions apply.

Apply Now

Same-day funding up to

$1,000,000

Unsecured options

Limits apply

Flexible terms up to

5 years

Defer payments at loan start for

Up to 6 weeks

Funding in 24 hours
Up to $1M
Zero payments for 6 weeks
Business funding on your terms

Fast funding,

flexible repayments,

zero stress

Get funded in 24h. Start repayments only 6 weeks later. Seize opportunities with confidence from day one.

The result? Get the business funds you need without the added pressure of loan repayments. Interest continues to accrue during the payment holiday.

Why Lumi Business Loan with Payment Holiday

Flexible funding on your terms

6-week Payment Holiday at the start of your loan

Flexible funding on your terms

6-week Payment Holiday at the start of your loan

Focus on growth, not payments

Get ahead before repayments begin

Boost cash flow

Reinvest money while taking pressure off ongoing costs

Get started in 3 steps

1. Check your eligibility

See if you qualify for a Lumi Business Loan with Payment Holiday in under 2 minutes.

2. Apply & get funded

Complete application in minutes. Get funded in 24 hours.

3. Pause repayments at loan start

Defer repayments for up to 6 weeks to boost cash flow.

Frequently Asked Questions

What is Lumi Payment Holiday?

A 6-week deferral of loan payments available at the start of your loan. Interest continues to accrue during this period.

What is Lumi Payment Holiday?

A 6-week deferral of loan payments available at the start of your loan. Interest continues to accrue during this period.

Who qualifies for Lumi Payment Holiday?

Any Australian-registered business that also qualifies for a new Lumi Business Loan

Has operated for at least 6 months
With an annual gross turnover of $50,000+
Must request Payment Holiday at loan origination
Not available for Lumi Business Line Of Credit customers

Who qualifies for Lumi Payment Holiday?

Any Australian-registered business that also qualifies for a new Lumi Business Loan

Has operated for at least 6 months
With an annual gross turnover of $50,000+
Must request Payment Holiday at loan origination
Not available for Lumi Business Line Of Credit customers

What you need to apply for a Lumi Business Loan

ABN or ACN

Driver's license
Business bank account details
Ready to apply? Click here to start your online application.
Need help with your application? Call 1300 005 864 or email sales@lumi.com.au.

What you need to apply for a Lumi Business Loan

ABN or ACN

Driver's license
Business bank account details
Ready to apply? Click here to start your online application.
Need help with your application? Call 1300 005 864 or email sales@lumi.com.au.

How does Lumi Payment Holiday work?

Duration: Up to 6 weeks from loan start

When: Must be requested at loan origination
Frequency: Only once per loan
Effect: Interest continues to accrue and is added to your loan balance

How does Lumi Payment Holiday work?

Duration: Up to 6 weeks from loan start

When: Must be requested at loan origination
Frequency: Only once per loan
Effect: Interest continues to accrue and is added to your loan balance

What other important information is there to know?

Payment Holiday must be requested when you apply for your loan

Interest accrues during the Payment Holiday period and therefore increases your total loan amount
Your regular payment amount is calculated after the holiday period ends
Payments begin weekly after the holiday period concludes
Eligibility for Payment Holiday remains subject to our general terms and credit criteria

What other important information is there to know?

Payment Holiday must be requested when you apply for your loan

Interest accrues during the Payment Holiday period and therefore increases your total loan amount
Your regular payment amount is calculated after the holiday period ends
Payments begin weekly after the holiday period concludes
Eligibility for Payment Holiday remains subject to our general terms and credit criteria

Example

If you take a 6-week Lumi Payment Holiday

Week 1-6: No payments (interest accrues and is added to loan balance)
Week 7 onwards: Regular weekly payments begin with updated payment amount
Your total loan amount includes the accrued interest from the Payment Holiday period

Example

If you take a 6-week Lumi Payment Holiday

Week 1-6: No payments (interest accrues and is added to loan balance)
Week 7 onwards: Regular weekly payments begin with updated payment amount
Your total loan amount includes the accrued interest from the Payment Holiday period

Terms & Conditions

Lumi Payment Holiday applies to new term loans only (not lines of credit). Approval of a Payment Holiday is at Lumi's discretion and requires meeting all contractual obligations.

All loan products are subject to eligibility and approval.

Ready to get started?

For Businesses

Get the capital you need today.

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For Brokers

Partner with us for fast business funding solutions.

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For Platforms

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