NightsBridge has worked together with Lula to create a unique offer of a finance 'bridge' for our clients. This business funding comes in the form of a cash advance from Lula with offers being made based on the property's NightsBridge Pay transaction data.
NightsBridge properties have used bridging finance in the following ways:
- For refurbishments (upgrades to property)
- To upgrade their rooms (new linen, TV or technology...etc)
- To manage loadshedding (generator, UPS...etc)
- To cover delayed payment on corporate or Government bookings
Please note: Bridging Finance from Lula is only available to South African properties who are NightsBridge Pay users and have a NightsBridge Pay transaction history.
Not using NightsBridge Pay? If you're interested in signing up, please complete this contact form and one of our helpful sales consultants will be in touch.
How to request funding from Lula
Just follow the steps detailed below. Everything is done from right inside your NightsBridge.
Step 1. Preparation
Read this tutorial to ensure you are ready to begin the process.
Step 2. Access the Lula application in NightsBridge.
Read this tutorial on how to find and open the Lula application in NightsBridge.
Step 3. Send your booking data to Lula to request an offer of funding.
Read this tutorial on how to send a request for funding to Lula.
Step 4. Review your funding offer.
Read this tutorial on what to do after Lula respond with an offer of funding.
Step 5. Confirm the funding and track your repayments.
Read this tutorial on what to do after accepting funding from Lula.