Lula
✓ Verified by FrankQuick business loans with a simple online application.
About Lula
Lula offers short-to-medium term business loans with a streamlined digital application process. They connect to your bank account or accounting software to assess your business, which means less paperwork and faster decisions. Funding can land within 24 hours of approval.
Is Lula a fit?
Typically fits
Established small businesses that need quick access to working capital. Particularly good for businesses that use cloud accounting software like Xero or Sage, as this speeds up the assessment.
Probably not a fit if
Very new businesses under 6 months old. If you do not have a consistent transaction history in your bank account, approval is unlikely.
Products
Cash Flow Facility
Line of creditRevolving credit facility — draw funds as needed, repay, and draw again. Only pay for what you use. No early settlement penalties.
- Rate
- 2 – 6% pm
- Speed
- 24hrs
- Amount
- R10k – R5m
Best for: SMEs needing flexible working capital
FAQ
Is Lula a registered credit provider in South Africa?+
Lula operates in the South African SME lending market. For specific regulatory status (NCR registration, FSP licence), check their website or the regulator's public register.
How fast can Lula fund a business?+
Decision times depend on the specific product and your documentation. Frank shows typical speed per product — your specific application can go faster or slower based on the docs you have in hand.
What documents does Lula need?+
Standard SA lender paperwork: last 3-6 months of bank statements, CIPC company documents, director IDs, and — depending on size — latest financials or management accounts. Frank surfaces the exact requirements per product before you apply.
Why apply via Funded by Frank rather than directly?+
Same rates, same application, but Frank walks you through it and compares Lula to alternatives before you commit. If Lula isn't the right fit, Frank points you at the better option.
Does Funded by Frank charge me to apply?+
No. Frank is free for businesses. We earn a referral fee from Lula only if your application lands — that doesn't change the rate or terms you get from them.
Apply to Lula via Frank — no obligation, no fees.
Answer a few quick questions about your business and Frank will show the funding shapes that typically fit — with the lenders who offer them.
See your funding options