Lulalend is a business loan provider. They pride themselves on empowering small businesses, making a…
Lulalend is a business loan provider. They pride themselves on empowering small businesses, making a difference and building solutions. They work hard to empower businesses across South Africa with the funds they need to grow. Lulalend believes that small business are the key to local economic success.
With Lulalend you can apply online within minutes. You just have to let them know the funding you are looking for and enter some personal and business information. LulaLend scoring technology evaluates the real-time performance of your business so that you get the best possible funding. You will be provided with a decision in minutes – absolutely no obligation. Choose to access your credit now or later. If you get approved Lulalend aim to have the funds in your bank account within 2 business days. You can choose to repay in standard instalments over 6 months or choose to pay early and save. Their costs are transparent and easy to understand so that you know exactly how much needs to be repaid.
Lulalend’s minimum qualifications are less intensive than those of banks.
What will you pay?
They have simplified the lending process with their 6-month plans. Every month, for six months, you pay back one-sixth of the total advance amount plus the monthly cost. Costs are 5% – 12% of your selected amount for the first two months and 1% for each of the remaining four months. You can pay early and save.