What is a
Working Capital Loan?
Working capital is required by every business to pay its various operating expenses. Such business expenses would include but not be limited to taxes, payroll, workman’s comp, vendors and other overhead for its day-to-day operations.
Even an otherwise strong business can be short on working capital due to their customers’ slow invoice payments. For those business owners, working capital loans can be a life-saver.
In other cases, businesses may have the opportunity to grow, perhaps by upgrading facilities, expanding employee training, repairing or replacing under-performing equipment, etc. Those situations require cash that may not be sitting in your bank account. A working capital loan lets you achieve those improvements and cover the cost over time.
Working capital financing options through Mulligan Funding are fast and simple. You can get an approval within hours and receive funds within days*. We provide access to a variety of lending programs to meet your business needs. Small business working capital loans can be the perfect solution!
And now, with our NEW online loan checkout, when you apply for a working capital loan through Mulligan Funding, you can access, review, and finalize your loan information in one place online.
$5,000 to $2 million
3 to 24 months
As soon as a few hours*
As soon as the business day after approval*
Qualifications For a Working Capital Loan Through Mulligan Funding
- Minimum $120k revenue over past 12 months
- Imperfect or damaged credit? Give us a try
- Seamless, online application
- No collateral required
- Fast approval process (as soon as a few hours)*
- Small manageable daily or weekly payments
- Loan proceeds used for any business purpose1
Requirements of Large, Traditional Banks May Include:
- Minimum of 2 years in business
- Good business and personal credit
- Loan application can sometimes be cumbersome
- Collateral is oftentimes a requirement
- Approval process can take weeks or months
- Large lump sum monthly payments
- Loan proceed use can be restricted
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