What is Lulapay?
Open a Lulapay account of up to R5 million to settle your software usage and licensing costs with Cloud on Demand. You get the first 30 days cost-free, giving you time to bill and collect from your customers before settling.
Apply now-
Apply in minutes.
Sign up online - it’s quick, easy and there’s zero commitment.
-
Get your qualified amount.
We will inform you of the account limit for your company.
-
Stack up your invoices.
Lulapay will settle your statement with Cloud on Demand and offer you 30 days cost-free terms.
-
Settle any time.
Choose to settle in a month or spread your repayments over multiple months 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 nowFAQs
Lulapay helps you settle invoices 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.Â
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:
- Companies trading for less than 1 year
- Turnover is less than R40,000 per month
- Non-South African companies
- NPOs / PBOs
- Government entities
For a full list of prohibited industries, please see our terms and conditions.
Each drawdown to settle an invoice or statement will provide you with a 6 month repayment schedule that you agree to.
You choose if you would like to have the monthly debit orders run each month or settle early at any time within the 6 months.
The first month is cost-free while each subsequent month is has a fixed 2% cost applied – only pay for what you use.
Lulapay Facilities range from R10,000 to R5,000,000.
Trusted by business owners like you.
Keep in touch 🙌
Sign up for tips, insights & inspiring stories to help grow your business.
By signing up, you consent to the processing of your personal information for the purpose of direct marketing by means of electronic communications.
