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Business Lines of Credit
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Last Updated: 04/18/2025

Mulligan Funding Business Lines of Credit

in Business Lines of Credit from Mulligan Funding

Last Updated: 04/18/2025

Mulligan Funding Business Lines of Credit logo
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APR (Fixed APR)

0% - 99%(Verified 06/21/2024)
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Credit Score Range

630 - 850

Amount Range

Up to $1,000,000

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Mulligan Funding Business Lines of Credit Review

Mulligan Funding Business Lines of Credit is offered by Mulligan Funding, a direct lender founded in 2008 and based in San Diego, CA. Mulligan Funding Business Lines of Credit are available in states.

Mulligan Funding Business Lines of Credit FAQ

What APRs does Mulligan Funding Business Lines of Credit offer?

Mulligan Funding Business Lines of Credit offers an APR that ranges from 0% APR up to 99% APR.

Does Mulligan Funding Business Lines of Credit charge an origination fee?

Yes, Mulligan Funding Business Lines of Credit charges an origination fee.

Does Mulligan Funding Business Lines of Credit charge prepayment fees?

No, Mulligan Funding Business Lines of Credit does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the line of credit balance off early.

What is the maximum term you can get with Mulligan Funding Business Lines of Credit?

Mulligan Funding Business Lines of Credit offers business lines of credit with terms ranging from 6 to 36 months. Having the option of longer terms allows borrowers to take on larger line of credit amounts while keeping monthly payments more affordable. However, the longer the term of the amounts you borrow, the more interest you will pay.

What do you need to qualify for Mulligan Funding Business Lines of Credit?

Applicants with a credit score of at least 630 and up to 850 may be eligible for Mulligan Funding Business Lines of Credit. The minimum age to be eligible is 18 or the state minimum, whichever is higher.
Mulligan Funding Business Lines of Credit does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Mulligan Funding Business Lines of Credit.
To qualify, applicants may need to provide the following documentation:
  • Proof of income
  • Bank account information
  • Business formation documents
  • Proof of insurance
  • Proof of identity

What is the estimated funding time for the Mulligan Funding Business Lines of Credit?

Mulligan Funding Business Lines of Credit can fund business lines of credit within 2 business days of approval.

What are the business financing requirements for Mulligan Funding Business Lines of Credit?

To apply for Mulligan Funding Business Lines of Credit, the applicant needs to provide the following documentation:
  • Business license
  • Business bank account

Does Mulligan Funding Business Lines of Credit report your account activity to credit bureaus?

Yes, Mulligan Funding Business Lines of Credit reports to the following credit bureaus:
  • Equifax
  • Experian
  • TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.

Does Mulligan Funding perform a hard credit pull?

Yes, Mulligan Funding Business Lines of Credit performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.

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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

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Message from Mulligan Funding Business Lines of Credit

Choosing a business line of credit (LOC), also known as a revolving line of credit, lets you draw from an approved amount of funds whenever you need it. One of the biggest benefits of a LOC is that you only incur a fee on the funds you use, not the total amount that you’re approved for. For example, if you’re approved for a $100,000 line of credit, you can draw $20,000 to increase inventory this month. Then, draw $10,000 for equipment upgrades next month. You’re not limited in how you access or use the proceeds from this funding option. Another benefit of a business LOC is that your limit is replenished after repayment of the funds you used. A LOC is an exceptional option for a business owner looking for a flexible funding option for anything that comes up. When it comes to top business funding options, a business line of credit gives you the freedom to manage funding as needed. A LOC also provides a layer of security to help you react to business circumstances as they arise. Finding the best financing option for a business can be the difference between success and failure. At Mulligan Funding we believe that a lending partner should provide fast and friendly service as well as support from a dedicated team of advisors every step of the way through the funding process.

Contact

Headquarters

4619 Viewridge Ave
Suite C
San Diego, CA 92123
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