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Ready to grow retail business?
As a retail business owner, you're aiming to provide superior products and customer service to your clients.You need to maximise your inventory in order to drive customer traffic through your doors or e-commerce site.
The need for retail capital fluctuates based on seasonality or other business changes. It can be difficult to manage an influx of sales without investing in the quality of your inventory, location and marketing efforts. You want to be able to turn around a big order or take advantage of bulk pricing – but this requires immediate cash on hand.
The answer lies with alternative lending
Banks and other traditional lenders require extensive credit and financial documentation, and their approval process takes time. Even if you are approved, it can take days to get access to the retail finance you need.
By then the opportunity to save on bulk orders or secure an agreement that helps you reduce your margins may be gone. You need a retail finance partner that understands the retail business.
Retail finance tailored to your needs
Lulalend is unlike any small business lender you know. Our application process is fully automated and takes place online. We can provide you with retail finance of up to R5 million in 24 hours. By using state-of-the-art machine learning, we can determine the health of your business quickly – it's fast, easy and paperless.
When you need retail finance to cover day-to-day expenses like investing in new technology, marketing, hiring new staff or purchasing additional inventory – we have you covered.