Why is Lula contacting me?
We've stepped in to manage the capital allocations originally provided by SAFT during 2020. This means you'll deal with Lula from now on. Our main goal is to keep supporting South African small businesses by taking the hassle out of funding solutions and helping your business grow.
What does that mean for me?
Any remaining balance on your original SAFT loan is now payable to Lula. We're here to help you clear that balance smoothly and chat about any extra business capital you might need to keep moving forward.
What do I need to do?
Not a thing. If you're currently making payments via EFT, you can keep using the same account details you always have. If you pay via debit order, it'll keep running automatically, though your statement reference might look a little different. Haven't set up a payment plan yet? Don't worry, one of our dedicated team members will reach out shortly to help you sort it out.
What does Lula do?
We support businesses by providing business class funding solutions. We offer fast, flexible funding of up to R5 million within 24 hours. Our products make cash flow easy, and help businesses manage their business better, faster, and simpler.
What happens to my SAFT debit order?
It keeps running exactly as before. We'll handle the processing on our side going forward. Your deductions will stay the same, but you might notice a change in the bank statement reference.
I pay by EFT. Do I need to change your bank details?
Nope, you can keep paying into the exact same account for now. If anything changes down the line, we'll get in touch with you directly to let you know.