Mulligan Funding is a direct lender based in San Diego, CA. It was founded in 2008 and offers access to business loans in 50 states (and Washington, DC)..
Yes, Mulligan Funding charges a loan origination fee.
Some lenders only provide business loans for certain purposes. Mulligan Funding offers considers loan applications for the following reasons:
Not all business loans are made equal. The type of loan you choose will determine the range of rates and terms you receive. Mulligan Funding provides access to the following business loan types:
No, Mulligan Funding will not charge you a late fee. Yes, Mulligan Funding charges borrowers with a late payment fee.
No, Mulligan Funding does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the loan off early.
Loan amounts start at $5,000 and go up to $500,000.
Mulligan Funding offers business loans with terms ranging from 6 to 36 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.
Applicants with a credit score of at least 630 can apply for a loan via Mulligan Funding.
Mulligan Funding requires businesses to be in business for at least 9 months in business. Active duty servicemembers and their covered dependents are eligible to apply for a loan via Mulligan Funding. Its rates and terms fall within the limits of The Military Lending Act.
Only U.S. citizens and permanent residents can apply for a loan.
To qualify, applicants may need to provide the following documentation:
Mulligan Funding can approve (or deny) a loan application within 24 hours and fund business loans within 1 business day of approval.
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