A family-owned SME in Penang needed extra working capital to secure inventory and manage seasonal cash flow, but traditional loan applications meant long waits and opaque approval criteria. By moving onto Lumina Fintech’s AI loan platform, the business was able to compare multiple offers side by side and secure RM800k in financing in just 7 days—with monthly instalments aligned to its cash cycle.
time from complete submission on Lumina to RM800k approval from matched lenders
The SME had grown steadily but was constrained by cash tied up in inventory and receivables. Its existing overdraft was expensive and banks requested repeated documentation for every increase in limit. Owners felt they were “guessing” which lenders to approach and what they could realistically qualify for. They needed a way to understand their borrowing capacity and quickly identify lenders comfortable with their sector and cash flow profile—without pausing day-to-day operations.
Lumina Fintech digitised the SME’s financial story, running its statements and bank data through AI credit assessment models to estimate safe borrowing levels. Our AI loan matching engine then searched across participating banks and alternative lenders, focusing on working capital products suitable for SMEs in Penang. The platform presented short-listed offers in a simple dashboard, including projected instalments and effective interest rates.
RM800k working capital approved across a main facility and a small top-up line, sized to the SME’s realistic repayment capacity.
Time to approval reduced from an expected 4–6 weeks to around 7 days after complete submission on the Lumina platform.
Monthly instalments structured to match seasonal cash flow, easing working capital pressure during slower periods.
Owners gained clearer visibility over future borrowing capacity through ongoing AI credit assessments on the Lumina dashboard.
A weekly, executive-level decision mechanism to guide the process and solve problems as they arise.
"I hired Lumina Fintech for a small project & was very happy. He not only answered all my questions, but he didn't treat me like a 'small project'. I was very satisfied & would recommend."
