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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 interest-free on all your ElectroMechanica 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 ElectroMechanica 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.

  • Settle any time.

    Spread your order over 6 monthly installments or choose when to settle in line with your cash flow needs.

Have any questions?

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

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

Apply now

FAQs

Lulapay helps you get access to your stock upfront without touching your bank account.

Boost your cash flow by spreading your costs over multiple months.

Settle inline with your cash flow so you repay once you get paid.

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.

Trusted by business owners like you.



Theresa Ward and Edwina Butterworth
What we liked about Lula is that the process for application was extremely easy. Within a couple of hours, we were approved.
Theresa Ward and Edwina Butterworth
Manyene Holdings
Allistair Bunding
The great thing is that the whole transaction was done in 5 minutes. Lula understands my business.
Allistair Bunding
Sports & Corporate
Ghia Nadel
Lula has enabled me to expand my product offering, buy equipment and, as a result, create jobs in my community.
Ghia Nadel
Tra.Dish.Nal
Phaedon Gourtsoyannis
Having easy access to cash is probably one of the most important things, that’s where Lula comes in.
Phaedon Gourtsoyannis
Cape Coffee Beans
Willem Haarhof
The biggest challenge we face is access to cash. What Lula has enabled me to do is take that worry about cash flow away.
Willem Haarhof
DoughGetters Accountingâ„¢

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