Strike Loan

Financial support when you need it most.

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SUPPORTING UNION MEMBERS

A Strike Loan is designed to provide financial stability during a labour dispute.

A labor strike can create financial uncertainty. The Strike Loan from Luminus Financial is designed to provide you with stability and peace of mind during this time, ensuring you can cover your expenses and focus on what matters. We're here to offer the support you need, right when you need it most.

Support designed for you

We created this loan with the specific needs of union members in mind.

Fast approvals

With simple approval requirements, you can access funds quickly and reduce financial stress.

Flexible repayment

To ease the burden, payments are delayed until 45 days after disbursement.

No hidden fees

You have the freedom to pay off your loan at any time without incurring early repayment penalties.

Strike loan features

Straightforward loans

Union employees can be quickly approved for up to $5,025.

Simple approval requirements

Fast approval is guaranteed if you have:

A minimum credit score of 650.
At least six months of employment.
A recent paystub.

Competitive fixed rates

Enjoy the predictability of a fixed interest rate of 8.99% for the entire two-year repayment term. Your payment amount will not increase.

All-inclusive payments

Your fixed monthly payment conveniently includes your $25 Luminus Membership Share and optional life insurance coverage.

Considerate repayment timelines

Your initial payment is not due until 45 days after the loan is disbursed. Should a strike extend beyond 45 days, further extensions may be considered.

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Don't let financial constraints hold you back

Stay financially stable during a strike with a Luminus Financial Strike Loan. Apply today and take the first step toward financial peace of mind.

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Frequently asked questions

A Strike Loan is a product specifically designed to provide financial stability for full-time and part-time unionized employees during a strike. It helps cover essential expenses when your income is temporarily disrupted.

The loan is available to unionized employees in industries like education, healthcare, transportation, or manufacturing. Applicants must have a credit score of 650 or higher and have been employed for at least six months.

No payments are required during the strike. Your first payment is due 45 days after the loan funds are disbursed.

Interest is calculated on the outstanding principal balance at a fixed annual rate of 8.99%.

Yes. The loan can be paid off at any time without any further interest or early repayment penalties.

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Strike Loan

Financial support when you need it most.

SUPPORTING UNION MEMBERS