At Lula, we’re helping South African SMEs grow. This June, new customers applying for business funding stand a chance to win a R20,000 cash boost, paid directly into their business account.

Key Dates

• Campaign period: 5 June 2026 – 30 June 2026
• Lucky draw (1 winner): 2 July 2026
• Prize payout: 3 July 2026

Who can enter?

• This promotion is only open to new customers who receive an official invitation email from Lula.
• If you did not receive this email, you will not be eligible for this specific promotion.

How to qualify

To enter the draw, you must:

• Apply using the unique link in your invitation email
• Be a new customer who has never received funding from Lula or our partners (including Vodalend, Yoco, Nightbridge, Peach Payments, Ozow, HelloPay, or Payfast)
• Get approved and accept your funding between 5 June and 30 June 2026
• Submit all required documents on time for assessment
• Download the Lula mobile app by 30 June 2026 (already downloaded apps still count)

Frequently asked questions:

What if I didn’t receive the email? Can I still enter?

No. Only customers who received the official invitation email and applied via the unique link are eligible.

Is approval guaranteed?

No. All applications go through standard credit and affordability checks. Approval and funding decisions are at Lula’s discretion.

What if my funding is delayed?

If you are approved and accept your agreement by 30 June, you will still qualify as long as funds are paid into your account before 2 July 2026.

How will the winner be paid?

The R20,000 prize will be paid into the verified business bank account used during the application process on 3 July 2026.

Lula reserves the right to change, extend, or end this promotion at any time.