Get real time visibility into all of your spend. Lola.com lets you give everyone a corporate card, without losing control.
"Before Lola, I wasted entire days sorting thru expense reports and dealing with reimbursements. Now I don't. My life is better now."
- Future you
Assign everyone an employee card, give every team a purchasing card, create a virtual card for every vendor, or do all three.
Every card has a budget and a policy. You can prevent over budget and out of policy spend, before it even happens.
We review every expense, flag suspicious transactions, and notify your team. We've got your back.
Probably! The Lola corporate card is not a credit card. Our card connects directly to your bank account. We then transfer the balance of your spend on a monthly basis. This is known as a "bank sweep." Depending on your money in the bank, and anticipated spend, we can (quickly) determine if Lola.com is a good fit for you.
Because Lola.com is not a credit card, we can work with you to set appropriate spending limits. The main factors are your anticipated monthly spend, and how much money you have in the bank.
There are no fees. Like all corporate cards, we collect a small transaction fee from the merchant, but absolutely nothing from you.
We add up your expenses on a monthly basis and transfer the total from your bank account.
A virtual card contains the exact same information as a physical card, except it can only be used for digital purchases. This includes online payment portals, and even thru a digital wallet (i.e. Apple "Tap to Pay").