Business Funding

As a business owner, you live by the clock. An essential piece of equipment fails. A dream supplier offers you a 48-hour-only deal on a container of stock. You land a huge new project, but you need to pay for materials today. In these moments, “we’ll get back to you in 2-4 weeks” from a […]

Imagine this: You’re running your business, checking your sales on Yoco, or preparing invoices in Xero. You see a cash flow gap looming. The old way: Stop everything. Go to your bank’s website, find the “business loans” page, fill out a 20-page application, upload 6 months of bank statements, and wait… and wait… and wait.

Securing funding for your business in South Africa can be a complex process. Many entrepreneurs and business owners make common mistakes that can hinder their chances of securing the necessary capital. By understanding these pitfalls and taking proactive steps to avoid them, you can significantly improve your chances of securing the funding you need to

For decades, South African small business owners have faced the same frustrating barrier: the traditional credit check. A single dip in your personal credit, a lack of long trading history, or not having a house to put up as collateral, and the bank’s answer is a firm “no.” But what if lenders could see your

Securing business funding can be a game-changer for any growing South African SME. Whether you’re looking to invest in new technology, expand your team, or simply manage day-to-day cash flow, a business loan can provide the capital you need to thrive. However, the application process can be intimidating, and many business owners are unsure what

South Africa’s economic landscape is dynamic, vibrant, and increasingly shaped by the entrepreneurial spirit of its women. Women-owned businesses are not just contributing to the GDP; they are driving innovation, creating jobs, and fostering sustainable community development. Yet, despite their undeniable potential and proven resilience, access to adequate funding remains one of the most significant

While traditional bank loans have long been the go-to option, many Small and Medium-sized Enterprises (SMEs) find themselves excluded due to rigid requirements, extensive paperwork, and lengthy approval processes. Fortunately, a new generation of alternative funding platforms is stepping in to fill this gap, offering flexible, fast, and accessible solutions tailored to the needs of

When it comes to business growth, most South African SMEs face the same challenge: securing enough funding to seize opportunities, cover costs, or invest in essential resources. While there are many funding options available, two of the most common choices are Asset Finance and Working Capital Loans. Understanding the differences between these two financing solutions

For many South African Small to Medium Enterprises (SMEs), traditional secured loans from banks can feel like navigating a maze blindfolded. The demands for collateral – be it property, vehicles, or other tangible assets – often present an insurmountable barrier, especially for newer or rapidly growing businesses that haven’t yet accumulated significant assets. This is

When a financial institution, like our platform at Lulalend, assesses a funding application, we’re essentially evaluating risk. We want to ensure that the businesses we support have the capacity to manage and repay the loan responsibly. A minimum monthly revenue of R50,000, consistently over the past six months, offers several vital assurances: Demonstrated Sales and