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What Financial Solutions Are Available to Solve the Student Debt Crisis?

Posted by Mulligan Funding Blog Team on February 8, 2018

 

Every year, federal student loans help millions of American students obtain a college education. Student loans are an investment meant to have high returns, but a $1.3 trillion student debt burden suggests that the return isn’t as high as hoped.

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How Small Businesses Can Join the Cryptocurrency Craze

Posted by Mulligan Funding Blog Team on February 6, 2018

 

There’s no question that 2017 was the year of cryptocurrencies, and the trend is only expected to grow more over the course of 2018. These digital “tokens” are revolutionizing the way consumers pay for products and services, and small businesses in all industries are looking to get on board. Here’s everything you need to know about crypto as a small business owner, and what you can do to get started:

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Interview with Ellen Dean from DeanSafe

Posted by Mulligan Funding Blog Team on January 31, 2018

 

Ellen Dean’s story is one that will resonate with many small business owners. She and her husband John are the cofounders of DeanSafe, now the number one seller of safes in the state of California. However, Ellen didn’t start out at the head of a successful business. She and John had to grow it from nothing but an idea, with the help of a few good decisions and financial advisers who believed in their vision.

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How to Choose Between the Different Types of Small Business Loans

Posted by Mulligan Funding Blog Team on January 25, 2018

 

To increase your chances of success in obtaining a small business loan, preparation is key.   Having your documentation and research prepared BEFORE you need a loan is ideal. That way, when you’re in need of a loan, you’ll have everything in place to guarantee a successful outcome.

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Dealing with the Most Common "Growing Pains" of Family Owned Businesses

Posted by Mulligan Funding Blog Team on January 18, 2018

 

If you own a family business, you may not know how common it is to drop the ball when it comes to growth. Unfortunately, more than 66 percent of all family businesses shut their doors after just one generation, after failing to prioritize growth over “getting by.”

So how do you beat the odds? It’s not enough to maintain the status quo. Here are some of the most common “growing pains” for family-owned businesses, and strategies to increase your chances of long-term success for you and your family:

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How to Ensure Taking a Business Loan Will Help Your Business

Posted by Rick Nischalke on January 17, 2018

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Let’s face it. Everyone wants to grow their business but no one wants to take on debt.  

Most business owners look at obtaining a small business loan as a necessary evil. They do it because it’s necessary, but no one likes to incur a debt if they don’t have to. 

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Topics: small business loan

Planning on Outsourcing your Website Development?

Posted by Mulligan Funding Blog Team on January 17, 2018

 

Developing a website from scratch isn’t easy.  The extensive knowledge needed to take your website from zero to 100 isn’t part of the average business owner’s skill set, so it’s usually best to work with an agency or a contractor who’s experienced in that field.

Here are some helpful tips to outsource your website development project:

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Topics: WordPress for business

7 Key Considerations When Searching for Business Loan Lenders

Posted by Mulligan Funding Blog Team on January 11, 2018

 

If you’re thinking about taking out a small business loan to fund your current endeavors, the next step is to find a business loan lender that you want to work with. With so many lenders on the market, it’s would be overwhelming to look at every single factor and consider every single lender. The solution is: don’t.

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Topics: business loan lenders

Long-Term vs. Short-Term Business Financing: Which is Right for Your Business?

Posted by Mulligan Funding Blog Team on January 10, 2018

 

Looking for financing for your business’ next growth opportunity, as a cash bridge, or for your new location’s lease? Whatever the reason, you’re probably faced with financing options from multiple directions, and wondering how to choose the right one for your business. One of the biggest questions that business owners have about financing is whether long-term or short-term financing is a better option for their business. Each type of financing has its own place, but in a nutshell, here are the differences between the two financing types:

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Get Fast Business Funding for Your Auto Shop Improvements with Mulligan Funding

Posted by Mulligan Funding Blog Team on January 9, 2018

 

Auto shops are a competitive business, and to stay ahead of the competition you need to be on top of your shop. That means ongoing improvements, where you take the time to do market research, see where the competitors are succeeding, and then outdo them. Your specific improvements depend on your shop’s current status and the market around you, but you can never go wrong by offering new services, upgrading the shop equipment, and hiring skilled techs. All of those improvements require capital, but it’s easy to find space in your budget with the help of fast business funding through Mulligan Funding.

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