What are my Business Funding Options with Lulalend?
Depending on your business needs, and eligibility, we offer multiple options for you to access working capital quickly and easily.
We offer fixed term loans of up to R1,5 million that can be repaid over 6 or 12 months through our flexible repayment options. An added benefit is no early repayment fees.
For eligible customers we also offer a Credit Facility that gives you the opportunity to withdraw funds, up to your agreed credit limit, as and when needed without having to re-apply. This highly convenient option provides you piece of mind, knowing you have immediate access to funding whenever you need it.
To apply for funding your business needs to have been operating for at least 1 year and be making an annual turnover of R500 000.
If your business has been operating for 1 year with an annual turnover of 500 000.00 and you require funding please feel free to apply.
Fast and easy Small Business funding
What will I pay?
We’ve simplified the lending process with our 6 Month Plans. Every month, for six months, you pay back 1/6th of the total advanced amount plus the monthly cost. Costs are 5% – 12% of your selected amount for the first 2 months and 1% for each of the remaining 4 months. You can pay early and save.
N.B: We will require a copy of your company’s last 3 month’s bank statements & a colour copy of your national ID
To your success,
Mark John Waite
Mobile & WhatsApp: +27 81 271 4228