If you’re venturing into business but lack the necessary funds, traditional banks might pose challenges with their lengthy approval processes.
Select the best benefit for your loan:
As featured on LoanZoom.co.za
Lulalend, a Fintech firm in South Africa, offers a solution by providing small business loans, aiming to enhance business lending and offer growth capital to SMEs.
Lulalend Business Funding Highlights
- Loan Range: R20,000 to R500,000
- Transparent Terms: Clear loan terms and fees
- Usage Flexibility: No restrictions on fund usage
- Application Process: Online form or phone application for quick decisions
- Approval Time: Minutes, not weeks
- Funding Delivery: Within 24 hours of approval
Interest and Fees
- Monthly costs: 2% to 6% for the first 2–4 months (plan dependent)
- Subsequent months: Fixed 2% monthly
- Loan Calculator: Available on the website for cost estimation
- Repayment Schedule: Flexible terms ranging from 1 to 12 months
- Early Repayments: Allowed with no additional fees
Business Loan Calculator
Lulalend Loan Eligibility Requirements
- Business incorporation in South Africa
- Operating for more than a year
- Annual revenue exceeding R500,000
Contacting Lulalend
For inquiries or assistance, reach out to Lulalend via:
- Phone: 087 943 2381 or 021 201 1550
- Email: [email protected]
- Office Address: 1st floor 81 Church Street, Cape Town, WC 8000
Founded in 2014 by Trevor Gosling and Neil Welman, Lulalend prioritizes customer satisfaction, providing dedicated representatives to address your questions.
Whether through the online contact form, phone, email, or an office visit, Lulalend aims to make business funding accessible and efficient for South African entrepreneurs.