Lumi Lends Up to $1M Across Business Loans and Lines of Credit – No GSA, No Line Fees, Full Flexibility for SMEs.
Sydney, NSW – 3 November 2025 – Leading fintech SME lender Lumi has increased its funding limit to $1 million across both the Lumi Business Loan and Lumi Business Line of Credit, giving brokers the ability to back their clients’ boldest growth plans.
“We’ve raised our funding limit to $1M to give our partners and clients the flexibility to back their biggest growth moves,” said Anna Hawter, Deputy CEO of Lumi.
“This is a natural evolution following our limit increase to $750K last year and reflects our ongoing commitment to make finance more accessible for Australian SMEs. Importantly, we do not require a GSA for any funding we provide, and our Line of Credit comes with no ongoing fees, making it easier than ever for SMEs to manage cash flow and invest in growth. Whether it’s a major expansion, a capital-intensive project, or managing end-of-year obligations, our fast, flexible funding now scales with our clients’ ambitions.”
For brokers, the $1M limit opens up a new tier of opportunity. More than two-thirds of Australian SMEs now rely on a broker to access working capital, and nearly half have less than 30 days of cash on hand1. Lumi’s expanded capacity allows brokers to confidently support larger, more established SMEs – including acquisitions, inventory builds, and capital expenditure – without slowing down approvals or settlements.
“This isn’t just about higher limits – it’s about unlocking opportunity for brokers and their clients,” said Ben Lamb, Chief Commercial Officer. “Over the past year, we’ve seen strong demand from sectors like Construction, Automotive, Manufacturing, Wholesale, Retail and Professional Services for our $750K loans and lines of credit. They told us they needed even greater headroom to seize growth opportunities – and we’ve listened. Our new $1M limit applies across both our Business Loan and Business Line of Credit, giving SMEs the flexibility to choose the product structure that best fits their cash flow, while accessing the same fast, fair funding Lumi is known for. For growing businesses, that extra capacity can mean the difference between maintaining momentum and missing out on expansion.”
John Clifford, Head of Broker, added:
“For seven years, we’ve partnered with brokers nationwide to support the growth ambitions of Australian SMEs. Lumi’s expanded funding limit now empowers brokers to compete – and win – in the larger, more complex deal space. It’s particularly valuable for commercial asset brokers working with growth-stage businesses in sectors like Construction, Wholesale, Professional Services, and Manufacturing, where project timelines and cash flow gaps can make or break a deal.
By combining fast approvals with flexible repayment options, we’re giving brokers a dependable path to settle high-value transactions with confidence and speed. Whether it’s funding an acquisition, purchasing fleet vehicles, or financing a large inventory order, brokers can now deliver outcomes that would traditionally sit outside the scope of non-bank lending – all while keeping clients loyal and growing under their care.”
For brokers, the benefits are tangible. Lumi’s funding process is designed for speed and ease, with same-day approvals increasingly happening in minutes. Its SME-first features, like Rate Ease™, Payment Pause, and Payment Holiday, give brokers the confidence to offer flexible repayment options aligned to their clients’ cash flow cycles. Access to higher limits also unlocks greater pipeline value, empowering brokers to fund more ambitious growth initiatives as SMEs prepare for 2026.
Since 2018, Lumi has delivered more than $1.5 billion in funding to over 15,000 SMEs and partnered with 6,000+ brokers nationwide. The new $1M funding limit marks the next step in Lumi’s vision to make finance accessible, fast, and flexible – helping brokers and Australian businesses seize every opportunity for growth.
Learn more: lumi.com.au
