Backing your retail business
If you don't have the luxury of 30-day payment terms, you're going to be looking for a way to bridge the gaps in your cash flow. Banks and other traditional lenders require extensive credit and financial documentation, and their approval process is time consuming and lengthy. Even if you are approved, it can take days to get access to the working capital you need. By then your business opportunity might be gone.
From maximising inventory to driving customer traffic, we want to help you reach your potential. As a retailer, your working capital can fluctuate based on seasonal demand or variations in inventory. You want to be able to turn around a big order or take advantage of bulk pricing – but this requires immediate cash on hand.
Maximising the value of financing for retailers
This is where Lulalend comes in. Our application process is fully automated and online, so we can provide retail financing of up to R1,000,000 in 24 hours. We use simple, meaningful revenue data to help determine your real business health – this doesn't require extensive documentation that takes you time to gather.
When you need retail financing to cover day-to-day expenses like investing in new technology, new marketing opportunities, hiring new staff or purchasing additional inventory we have you covered.
Our application takes 8-minutes and requires none of the intensive paperwork that the banks usually require. We can also have a decision for you within hours, and money in your account in 24 hours or less.
Accessing small business financing shouldn't be complicated or time consuming, so we've developed a way to get you financed for up to R1,000,000 in minutes.
Up to R1,000,000 line of credit | Choose a 6 or 12-month term | Qualify in 8-minutes