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Lulalend is now Lula. We have a new name, a new look, but we're still your friends in funding 😃.

Stock now, pay later.

Get 30 days of free terms on all your Buildmate purchases.

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What is Lulapay?

Lulapay is a payment solution that allows you to open an account of up to R5 million. Use your account to pay Buildmate upfront and access your stock immediately. Pay for the stock over monthly installments. You choose when to settle in line with your cash flow needs.

Apply now

  • Apply in minutes.

    Sign up online - it’s quick, easy and there’s zero commitment.

  • Wallet with bank cards inside.

    Get your qualified amount.

    We will inform you of the account limit for your company.

  • Icon with graph and smiley face.

    Stock up.

    Access stock immediately and repay monthly. Lulapay will settle your supplier on your behalf.

  • Settle any time.

    No early settlement fees. You choose when to settle in line with your cash flow needs.

Got questions?

The Lulapay Support team can answer any questions you may have.

Get in touch with our friendly experts at lulapay@lula.co.za

Apply now

Hear from companies
like yours...

Manyene Holdings

“What I liked about Lula was that the process for application was extremely easy, and within a couple of hours, we were approved, which was impressive to me.”

– Theresa Ward, Owner.

FAQs

BNPL stands for Buy Now, Pay Later. Lulapay settles invoices upfront with suppliers while offering flexible repayment terms to buyers. 

This allows buyers to receive their product/service without having to settle their invoice upfront.

Everything, from completion of the Lulapay application to disbursement, can take place within 24 hours. However, we may require additional information and this may affect the timeline to assess an application. 

Luckily the application process is once-off. Once the application and drawdown are approved, payment is done the same day.

There are certain entities that cannot access a Lulapay Facility:

  1. Companies trading for less than 1 year
  2. Turnover is less than R40,000 per month
  3. Non-South African companies
  4. NPOs / PBOs
  5. Government entities

For a full list of prohibited industries, please see our terms and conditions.

Lulapay Facilities range from R10,000 to R5,000,000.

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