Loan

Lula Business Funding (formerly Lulalend)

Lulalend (Commercial Bank)

Lula Business Funding (formerly Lulalend) is a loan from Lulalend offering between R 10 000 and R 5 000 000 for startup, growth, established businesses across South Africa. Applications are accepted on a rolling basis.

Overview

Lula (formerly Lulalend) offers unsecured online business funding from R10,000 up to R5 million, paid out in as little as 24 hours, either as a revolving cash-flow facility or fixed-term funding repaid over 3 to 12 months. Your business needs to be a registered South African business trading for at least 1 year, with annual turnover of R500,000 or more (about R40,000+ per month). No collateral or paperwork required, and no early-repayment penalties.

Funding AmountR 10 000 - R 5 000 000
CoverageNational
Business StageStartup, Growth, Established

Programme details last verified on 12 June 2026.

Full Description

Fast, flexible business loans with a 5-minute online application. Funding within 24 hours for approved applications.

Eligibility Criteria

Min. Annual TurnoverR 500 000
Min. Years Trading1 years

Frequently Asked Questions

How much funding does Lula Business Funding (formerly Lulalend) offer?

Lula Business Funding (formerly Lulalend) offers between R 10 000 and R 5 000 000 per applicant.

Who qualifies for Lula Business Funding (formerly Lulalend)?

Lula Business Funding (formerly Lulalend) targets startup, growth, established businesses across South Africa. Applicants need a minimum annual turnover of R 500 000, at least 1 year of trading history.

When is the deadline for Lula Business Funding (formerly Lulalend)?

Applications are accepted on a rolling basis.

How do I apply for Lula Business Funding (formerly Lulalend)?

Check your eligibility with the free readiness check on Okhantu, prepare the required documents, then apply on the provider's website.

Prepare Your Application

Increase your chances of success with these preparation resources.

Pro tip:Run the Readiness Checker before applying. It identifies gaps in your documentation and helps you prepare a stronger application.