Reply from Mulligan FundingDec 22, 2017
Hi Rick,
Rate and terms vary depending on many of factors: Industry, seasonality, time in business, annual sales, current status of the business, amount requested, payment history on previous programs, etc. That's why it's crucial that every business owner reach out to us for a customized quote and not assume anything.
Of the hundreds of industries we fund, you happen to be in one of the high risk ones, which impacted the package we could offer you. There's no advantage to us if a client struggles to cover his/her loan, so we made the effort to put a longer term in place to assist your business.
Our clients have determined we're their best option for the combination of approval, amount, term, quick delivery of funds and personal, professional treatment. It's also why so many come back for additional funds when new opportunities arise.
Thank you for providing your feedback. We wish you the best as you use the funds to help your business grow.
The Mulligan Team