How Small Business
Term Loans Work
– It’s Really Simple:
We’ll approve you for the maximum loan for which your business qualifies. Take as much of that as you can actively use now – and know that the additional funding is there if and when you need it1.
You also have the ability to pay in excess funds to reduce your balance, or request an additional draw if you need the extra funding – as you need2. Once again, you will only pay fees on the money you have actually accessed.
This allows you the freedom to manage your funding as you wish – and this flexibility means that you can react to changes in your business circumstances as they occur. You’ll have the comfort of knowing that Mulligan is always available to provide you with access to what you need, when you need it.
When to Consider Business Term Loans Through Mulligan
Are you looking for $50,000 to $350,000 with terms ranging from 12 to 36 months and no prepayment penalty? Business Term Loans are particularly well-suited for business owners looking to:
- Purchase equipment
- Buy out a partner
- Remodel or make major leasehold improvements
- Open a new location
- Expand into a new territory
- Launch a significant marketing campaign
- Hire several new employees
- Launch a new product or service
Requirements for a small business term loan through Mulligan Funding
Do You Qualify?
You can be located in any of the 50 states and D.C. You just need to:
- Have revenues in the past 12 months of at least $350,000
- Be in business for at least 2 years
- Be profitable
Take a look
The Ease and Simplicity
of Our Process
Approval as Soon as
a Few Hours*
Funding as Soon as the
Business Day After Approval*
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For more information, contact one of our friendly and knowledgeable financing experts today. Give us a call today at:855-326-3564