Based upon the staggering amount of women owned businesses increasing over the last several years, we know the entrepreneurial spirit that made this country great is alive and well. However, the competition in business today has never been more stiff, so female entrepreneurs have to stay on top of their game in order to achieve lasting success.
A crucial component to succeeding in any business is to have enough working capital to pay bills, meet payroll, take advantage of business opportunities and expand as much as you desire. Obtaining small business loans for women can be extremely challenging through banks, but it’s not when you work with an alternative business funding company like Mulligan Funding.
Types of Loans Available
Mulligan Funding understands that every business has unique challenges, and thus, unique types of funding are needed. We work with you to help you obtain the amount of funding you need to grow your business. Most traditional business loans for women, require you to assign collateral against the loan amount borrowed. Mulligan Funding does not require any collateral to be assigned, so you’re free to use the loan proceeds any way that you see fit, and to liquidate or sell other business assets as needed to run your business profitably. One of the best ways to take pressure off of yourself as a woman business owner is by knowing what lending options are available. Some of the alternative funding options available today for women looking for small business loans include:
- Business Line of Credit
- Merchant Cash Advances
- Working Capital Loans
- SBA Loans
Grants are “free money” but are usually very limited in their amount and availability. And they normally have an extensive criteria to qualify for the money. SBA loans for women are a great source if you can qualify for them (which most business owners do not). If you do manage to qualify for a business loan through one of their programs, they usually take a long time to get to the funding stage. Most business owners can’t afford to wait months for a business loan.
When it comes to business loans for women, we offer options that can be tailored to fit your individual needs. Not only is your short-term success vital, but your long-term success also needs to be taken into consideration when obtaining small business loans for women. Having access to as much capital as you need at any given time is critical for your success!
Flexibility is Essential
When you work with a non-traditional lender, like Mulligan Funding, you will receive a more personalized experience to obtain business loans for women. We treat every client as an individual and will tailor the loan terms to your specific needs. We understand you need flexibility with your lending solutions, which is what we strive to provide to all of our clients.
Mulligan Funding has provided thousands of small business loans for women to help them achieve their business goals. We do our best to act more as a partner than a lender, since working together creates a stronger business relationship. Every business will go through some high points and low points, but we want you to know Mulligan Funding is here every step of the way.
We enjoy and appreciate the opportunity to work with female entrepreneurs from all different backgrounds and business models. We’ve been in business since 2008 and have provided small business loans for women more often now than ever before. Of the 50,000+ business owners we’ve provided working capital to, many of them were women. Contact us at any time to learn about our small business loans for women and how we can work with you to help you achieve your business goals.
Call Mulligan Funding at 855-326-3564 to discuss your financing options today!