They will walk away when you most need them...
I took out a revolving facility with them over a year ago, never missing a single payment.
My business is cyclical and as a result, having this facility available gave me peace of mind and the ability to manage the cycles.
Unfortunately, when it came to drawing on the available balance in the facility to pay upcoming creditors, they refused to pay out my available cash.
They cited a low bank balance as the reason. completely disregarding the cyclical nature of my business and completely ignoring a wealth of fixed contracts.
They even went so far as to say allowing me to access my available balance on the facility would be considered 'irresponsible lending' and they don't care about the context because they use 'real-world data'
Luckily I could take what they disregarded to a traditional bank and got offered a facility three times larger with half Lula's interest rate. This was within 2 days.
If you need a partner you can trust and that will guide you through the ups and downs of any business, Lula is not them.
Very, very disappointed.