Online Business Lending: Be VERY Careful About This Particular Risk…

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As you probably know, there are many different firms that provide online business lending products, services and solutions. And while Mulligan Funding is one of the oldest and most experienced, we certainly know that we aren’t the only game in town.

In fact, thanks to the Internet, the size of the “town” is no longer measured in miles – it’s measured in time zones! Indeed, it’s possible for you to be in New York and connect with a firm in Chicago, Denver or of course, beautiful San Diego which is where our head office is located.

And while this convenience is a wonderful thing, there’s one particular risk that, unfortunately, is causing a great deal of stress and anxiety – not to mention added costs – for borrowers across the country: that the online business lending company they’re dealing with is NOT a real company. At least not the way they think it is.

You see, many firms who provide online business lending solutions don’t have an in-house staff of trained experts. In fact, they’re little more than “virtual storefronts” that route inquiries to a call center that is staffed by people who, frankly, don’t know the first thing about business loans. All they know is what is provided to them in their scripts – and of course, they know how to aggressively try and sign-up as many loans as possible. In fact, many of the people who work in these call centers are on a quota system and unless they dole out a certain dollar amount of loans in a week, month or quarter, they’ll be looking for a new job.

As you can imagine – and as many small and mid-sized business owners across the country have, are, and will experience – these types of online business lending firms offer NO support if you have questions about your loan, or want to make changes. You’re basically on your own.

However, at Mulligan Funding, one of our core values is PERSONAL ATTENTION. We don’t use call centers and never have. When you contact us, you’ll be ushered directly to your dedicated funding expert. That way, whenever you reach out to us with a question, concern or idea, you can count on connecting with someone who already knows your situation, and is deeply familiar with your business.

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.