Is Lulalend's primary goal really to assist SME's?

Be very careful in accepting any offers from Lulalend. As much as they brag about the importance of assisting SME's, their re-payment terms are set out to close your doors if you do not act accordingly. We took out a loan in order to increase our fleet of trucks, so yes, they do help to expand the business however based off the re-payment terms which is almost impossible to achieve, we are now in the position where we would have to sell these assets to pay them back. So how has this benefited our small business? It has not, in turn they still get their initial investment back as well as the premium charged on the load, all in under 12 months. Lulalend is there to make money (as any business) and their primary goal seems not to be focused towards assist SME's in any way as they may act like it is. Before accepting the loan, we expressed or concern on meeting the repayment terms for R2m in 12 month and the advisor said that this can always be restructured as we went along and based off performance. It has come to the point where we have asked for a reasonable restructure and in which they were not able to assist. This is just some food for thought on how they treat their clients so please do not for one moment think that they are there to assist in the growth of your business. In conclusion the best outcome is to come to an agreement on how both parties can work together in assisting that repayments and alll obligations are met (win-win). This would ensure a smooth relationship between parties and avoid a lot of unnecessary costs. They would get all their investment back (even if it took 12 months longer) but this option is of no interest to them as they would rather shut your doors as you cannot pay other debit orders or other suppliers and therefore the business cannot continue and both parties have the potential losing a lot.