LUMI PAYMENT HOLIDAY
LUMI PAYMENT HOLIDAY
Get funds now. Pay back later.
Get funds now. Pay back later.
Up to $1M in 24h.
Zero payments for 6 weeks.
Conditions apply.
Up to $1M in 24h.
Zero payments for 6 weeks.
Conditions apply.
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
Focus on growth, not payments
Get ahead before repayments begin
Boost cash flow
Reinvest money while taking pressure off ongoing costs
Boost cash flow
Reinvest money while taking pressure off ongoing costs
Get started in 3 steps
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.
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.
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.
3. Pause repayments at loan start
Defer repayments for up to 6 weeks to boost cash flow.
Frequently Asked Questions
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
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.
For Businesses
Get the capital you need today.
For Businesses
Get the capital you need today.
For Brokers
Partner with us for fast business funding solutions.
For Brokers
Partner with us for fast business funding solutions.
For Brokers
Partner with us for fast business funding solutions.
For Platforms
Seamlessly embed Lumi Business Loan into your platform.
For Platforms
Seamlessly embed Lumi Business Loan into your platform.
For Platforms
Seamlessly embed Lumi Business Loan into your platform.