Mulligan Funding is a private, family-owned lender that provides working capital loans and term loans to small and medium-sized businesses across the United States. Founded in 2008 by entrepreneurs who have started and grown multiple businesses, the firm was created to fill the gap left when large traditional banks pulled back from small business lending. It has provided over $3 billion in working capital and served more than 15,000 businesses, and is BBB Accredited.
Technology teams at Mulligan Funding work in an environment where underwriting is deliberately human-led. Lending decisions are made by human underwriters who consider the full story behind each business rather than relying on software or AI. The firm's stated technical domain is fintech with non-AI underwriting: the emphasis is on judgement-based decisioning and flexibility to do things the right way for customers, rather than automated credit models.
Products include working capital loans and small business term loans. Alongside these, the company describes its approach to service as the Mulligan Experience, in which each customer has a personal account representative and can escalate concerns up to the CEO. The stated aim is a level of high-touch service that large traditional banks may not be able to provide.
