How Working Capital Loans for Women Help Shatter the Glass Ceiling

Working Capital Loans - 2 Min Read

According to research by the Pew Research Center, the aptly-named “glass ceiling” that prevents competent, hard working and deserving women from fulfilling their career potential is still in place – despite the surprising fact that 79 percent of men who were surveyed believe that women make excellent business leaders.

Unconscious Bias or Blatant Hypocrisy? 

Researchers use the term “unconscious bias” to label this disconnect between what the vast majority of men (nearly 8 in 10) say is fair, and what is actually happening on the corporate landscape – which is that women are often systematically prevented from elevating to executive and leadership positions.

As a society, we need women to start and grow businesses, to hire staff, to purchase equipment, and generate economic activity. While we do believe that the US is the best country in the world, part of our greatness is in acknowledging where we fall short. And when it comes to empowering women in the business world, as a nation we definitely “aren’t number one”.

However, we can get there sooner than later – and one of the ways we at Mulligan Funding want to be part of the solution is by approving an ever-increasing number of working capital loans for women.

About Our Working Capital Loans for Women

Unlike conventional bank loans that many women cannot get because they don’t have an established credit history, or because they don’t have enough collateral to secure the loan, our working capital loans for women are available to applicants who:

  • Only have a few months of credit history
  • May have damaged or bad credit – including a past bankruptcy
  • Want to work with a company that has a history of supporting women entrepreneurs

Furthermore, our working capital loans for women do not require collateral, and can be pre-paid ahead of time (if desired) with no penalty.

The Bottom Line

Whether it’s called unconscious bias or blatant hypocrisy, we’re sorry to say that the glass ceiling – while somewhat thinner than it was decades ago – is still firmly in place.

However, our working capital loans for women can help chip away at it, because the best way to shatter the glass ceiling once and for all is to encourage and empower more women to start and lead businesses. When this happens, we won’t need to point out that we offer working capital loans for women. We can just say that we offer “working capital loans”.

Learn More

Call Mulligan Funding at 855-326-3564 to discuss your financing options today!

The information shared is intended to be used for informational purposes only and you should independently research and verify.

Note: Prior to January 23, 2020, Mulligan Funding operated solely as a direct lender, originating all of its own loans and Merchant Cash Advance contracts. From that date onwards, the majority of funding offered by Mulligan Funding will be by Loans originated by FinWise Bank, a Utah-chartered Bank, pursuant to a Loan Program conducted jointly by Mulligan Funding and FinWise Bank.