Our Business Term Loans offer a different range of funding and longer terms than our Working Capital Loans. They come with higher approval standards, though they remain more attainable than traditional bank financing for small businesses.
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 it.
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 need. 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 what you need, when you need it.
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:
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