COMPARISON
Lendway vs Mulligan Funding
An honest comparison to help you choose the right business funding partner for your needs.
✓ Unbiased Analysis✓ Real User Feedback✓ Updated December 2025
OVERVIEW
At a glance
L
Lendway
RECOMMENDEDA modern business funding marketplace that connects you with 75+ lenders for the best rates and terms. Transparent pricing, fast approvals, and dedicated support.
Highlights
- No hard credit pull to check rates
- Access to 75+ lenders in one application
- Same-day funding available
- Transparent fee structure
- US-based support team
M
Mulligan Funding
Est. 2008Mulligan Funding provides working capital loans to small businesses with fast approval and transparent terms.
Pros
- Transparent terms
- Fast funding
- Early payoff discount
- Good service
Cons
- Higher rates
- Revenue requirements
- May need collateral for larger amounts
FEATURES
Feature comparison
| Feature | Lendway | Mulligan Funding |
|---|---|---|
Soft Credit Pull to Check Rates See rates without impacting your credit score | ||
Same-Day Funding Get funds deposited the same day you apply | ||
Multiple Lender Options Compare offers from multiple lenders | ||
Bad Credit Accepted Options for credit scores below 600 | ||
No Collateral Required Unsecured funding options available | ||
Transparent Pricing Clear fee structure with no hidden costs | ||
Dedicated Advisor Personal support throughout the process | ||
Maximum Loan Amount Highest available funding | $5,000,000 | $500,000 |
Minimum Credit Score Credit requirements | All credit types | 575+ |
Time in Business Required Minimum operating history | 3 months | 6 months |
APR Range Interest rate range | 7.5% - 45% | 15% - 45% |
Funding Speed How quickly you can get funded | Same day - 7 days | 24-72 hours |
Rate Competitiveness How competitive are the offered rates | 4.5 | 4.0 |
Application Experience Ease and speed of the application process | 4.5 | 4.0 |
Customer Support Quality Responsiveness and helpfulness of support | 5.0 | 4.0 |
RATINGS
How they compare
Interest Rates
Lendway
4.5
Mulligan Funding
4.0
Funding Speed
Lendway
4.5
Mulligan Funding
4.0
Customer Service
Lendway
5.0
Mulligan Funding
4.0
Flexibility
Lendway
5.0
Mulligan Funding
4.0
Overall Experience
Lendway
4.5
Mulligan Funding
4.0
OUR VERDICT
Both are excellent choices
Mulligan Funding is a strong competitor with transparent terms. However, Lendway's unique marketplace approach means you can potentially access Mulligan Funding AND 74 other lenders through one application, ensuring you find the absolute best deal for your business.
FAQs
Common questions
Is Lendway better than Mulligan Funding?+
Both options have their strengths. Lendway is a lending marketplace that connects you with 75+ lenders, giving you more options to compare. Mulligan Funding is a direct lender with transparent terms. The best choice depends on your specific needs, credit profile, and funding timeline.
What are the main differences between Lendway and Mulligan Funding?+
The key difference is that Lendway provides access to 75+ lenders through one application, while Mulligan Funding offers funding directly. Lendway offers loan amounts up to $5M with funding as fast as 4 hours, while Mulligan Funding offers up to $500,000 with funding in 24-72 hours.
Which has better rates: Lendway or Mulligan Funding?+
Rates vary based on your business profile, credit score, and loan type. Lendway's marketplace model often helps businesses find more competitive rates by comparing multiple lenders. Mulligan Funding's rates range from 15% to 45%. We recommend checking both to see which offers better terms for your situation.
What credit score do I need for Mulligan Funding?+
Mulligan Funding typically requires a minimum credit score of 575+. Lendway works with all credit types and can connect you with lenders even if you have bad credit, giving you more options to explore.
How fast can I get funded with Mulligan Funding vs Lendway?+
Mulligan Funding typically funds in 24-72 hours. With Lendway, depending on the lender match, you can receive funding as fast as 4 hours for certain products, though most loans fund within 1-7 days.
Does Mulligan Funding do a hard credit pull?+
Mulligan Funding may perform a hard credit pull as part of the application process. Lendway never performs a hard credit pull when checking your rates—only when you choose to proceed with a specific lender.