Lulalend – Loan details
SME business loans from R20,000 to R5 million in 24 hours
Loan amount
R20K – R5.0M
Interest from
2.00%
Term
6 – 12 months
Approval
24 hours
Pros
- ✓ Approval and payout within 24 hours
- ✓ 8-minute online application
- ✓ No personal guarantee on smaller amounts
- ✓ Flexible repayment frequency
Cons
- ✗ Business must trade 12+ months
- ✗ Higher cost than bank business loans
- ✗ Minimum monthly turnover required
Requirements
- SA-registered business
- Trading for at least 12 months
- Minimum monthly turnover R40,000
- Business bank account
- Director ID and proof of address
Company information
Lulalend (Pty) Ltd
4th Floor, 1 Bridgeway Road, Century City, Cape Town, 7441
https://www.lulalend.co.za/
This document is for informational purposes only. Always verify current terms and conditions directly with the lender before signing any agreement. CoolFinance.co.za is an independent comparison portal operated by double technology s.r.o., Czech Republic.