Quick business loans with a simple online application.
Lula offers short- to medium-term business loans with a streamlined digital application process. They connect to your bank account or accounting software to assess your business, which means less paperwork and faster decisions. Funding can land within 24 hours of approval.
Established small businesses that need quick access to working capital. Particularly good for businesses that use cloud accounting software like Xero or Sage, as this speeds up the assessment.
Businesses trading for less than 12 months. If you do not have a consistent transaction history in your bank account, approval is unlikely.
Revolving credit facility — draw funds as needed, repay, and draw again. Only pay for what you use. No early settlement penalties.
Fits: SMEs needing flexible working capital
Lula operates in the South African SME lending market. For specific regulatory status (NCR registration, FSP licence), check their website or the regulator’s public register.
It depends on the product and on your documents. Each product above shows its typical speed; your own application can move faster or slower depending on what you have ready.
Standard SA lender paperwork: recent business bank statements, CIPC company documents and director IDs. Larger amounts usually also need management accounts or financial statements. The exact list depends on the product and the amount.
The rate and terms are Lula’s own either way. Applying through Frank means your business is first checked against the whole panel, so you can see whether Lula is the best fit before you commit, and a consultant takes the application forward with you.
No. You are never charged for using Frank. If you are funded, Lula pays Frank a referral fee. The fee is the same whichever lender you choose, so it never changes the rate or terms you are offered.
Check your business
It takes about a minute and there is no credit check. Frank checks your answers against every lender’s rules and shows you what fits and what does not. When you choose a lender, Frank sends them your application on the answers you have already given.
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