Lulalend – loan application
Contact
Company
Lulalend (Pty) Ltd
Address
4th Floor, 1 Bridgeway Road, Century City, Cape Town, 7441
Website
https://www.lulalend.co.za/
Lulalend – repayment table
Estimated monthly repayments at 2.00% monthly interest. Actual terms confirmed upon approval.
| Amount \ Term | 6 months | 12 months |
|---|---|---|
| R500,000 | R93,333 | R51,667 |
| R1,000,000 | R186,667 | R103,333 |
| R1,500,000 | R280,000 | R155,000 |
| R2,000,000 | R373,333 | R206,667 |
| R2,500,000 | R466,667 | R258,333 |
| R3,000,000 | R560,000 | R310,000 |
Representative example
Loan amount
R260,000
Repayment term
12 months
Monthly interest
2.00%
Monthly repayment
R26,867
Total interest costs
R62,400
Total amount payable
R322,400
* Example is for illustration only. Actual terms are confirmed upon loan approval.
Quick overview
Loan amount
R20K – R5.0M
Term
6 – 12 months
Interest from
2.00%
Approval
24 hours
Age
Registered SA businesses
Online application
Yes
Requirements
- ✓ SA-registered business
- ✓ Trading for at least 12 months
- ✓ Minimum monthly turnover R40,000
- ✓ Business bank account
- ✓ Director ID and proof of address
Loan features
- Business loans R20,000 to R5,000,000
- Term 6 or 12 months
- No collateral on amounts under R500,000
- Fast online application
Ready to apply?
Go to official Lulalend website ad