Mulligan Funding Alternatives: Compare Top Business Lenders
Jordan Rath is the official publishing pseudonym for the eBoost Partners financial desk. This unified editorial name represents a collective of verified industry experts, including former commercial underwriters and financial analysts. With over 35 years of combined experience in finance and 15 years dedicated specifically to business funding, our team ensures every article is fact-checked, accurate, and built on insider knowledge. We publish collectively to protect the privacy of our experts under active NDAs.
Two Direct Lenders Built for Speed – But Built Very Differently
If you are weighing eBoost Partners vs Mulligan Funding, you are comparing two direct lenders that both prioritize fast approvals and flexible underwriting. Neither company is a bank, and neither forces you through weeks of paperwork. But that is roughly where the overlap ends.
Mulligan Funding has been in the alternative lending space since approximately 2008, carving out a deep reputation as a working capital and merchant cash advance specialist. The company works with businesses that other lenders decline – including borrowers with credit scores in the low 500s. eBoost Partners, founded in 2023, takes a wider approach, offering six distinct financing products with a funding ceiling that extends to $10 million.
This article compares the two side by side – funding amounts, products, speed, requirements, and the types of businesses each lender serves best. Whether you need a fast working capital advance or a multi-product lending relationship, one of these lenders is a better match.
Side-by-Side Comparison: eBoost Partners vs Mulligan Funding
| Feature | eBoost Partners | Mulligan Funding |
|---|---|---|
| Funding Range | $2,000 – $10,000,000 | $5,000 – $300,000 (up to $500K per some sources) |
| Products Offered | 6 (Revenue-Based Financing, Line of Credit, SBA Loans, Equipment Financing, Purchase Order Financing, Invoice Factoring) | 2–3 (Working Capital Loans, Merchant Cash Advances, Short-Term Business Loans) |
| Funding Speed | Same-day decisions | Typically 24–48 hours |
| Minimum Credit Score | Not disclosed (no hard credit pull) | ~500–550 |
| Minimum Revenue | $5,000/month | ~$10,000–$15,000/month |
| Minimum Time in Business | 1 year | 6 months |
| Hard Credit Pull | No | Not publicly disclosed |
| Founded | 2023 | ~2008 |
| BBB Rating | A+ | Accredited |
| Trustpilot Rating | 4.0 out of 5 | Not publicly disclosed |
Who Is Mulligan Funding?
Mulligan Funding is a San Diego-based direct lender that has been providing working capital to small businesses since approximately 2008. The company has built its reputation around a narrow but well-executed niche: fast, accessible merchant cash advances and short-term working capital loans for businesses that may not qualify with more selective lenders.
Mulligan is BBB accredited and is known for working with borrowers who have credit scores as low as 500 to 550. The company requires only about six months of operating history, which makes it one of the more accessible options for newer businesses. Funding amounts typically range from $5,000 to $300,000, with some sources indicating a ceiling as high as $500,000.
The lender’s application process is straightforward, and funding is generally delivered within 24 to 48 hours. Mulligan has positioned itself as a go-to lender for business owners who need capital quickly and who may have been turned down by banks or online lenders with stricter credit requirements.
Who Is eBoost Partners?
eBoost Partners is a direct funding partner headquartered in Miami Beach, Florida. Founded in 2023, the company has quickly scaled to serve over 500 businesses with more than $100 million in deployed capital. eBoost takes a broader approach than most alternative lenders, offering six distinct financing products: revenue-based financing, business lines of credit, SBA loans, equipment financing, purchase order financing, and invoice factoring.
Funding ranges from $2,000 to $10 million, which positions eBoost as both a micro-loan provider and a growth-stage capital source. The company provides same-day funding decisions and does not perform a hard credit pull during the application process, which means applying does not impact your credit score.
eBoost requires a minimum of $5,000 in monthly revenue and at least one year in business. The company holds a BBB A+ rating and a 4.0 out of 5 Trustpilot score. For business owners who want a single lending relationship that can grow with their needs – from a small working capital line today to an SBA loan or equipment purchase tomorrow – eBoost is designed to fill that role. If you are ready to scale with a reliable partner, you can apply for same-day business funding directly.
Where eBoost Partners Wins
Funding Ceiling
This is the most dramatic difference between the two lenders. eBoost Partners offers funding up to $10 million, compared to Mulligan Funding’s ceiling of $300,000 to $500,000. For businesses with larger capital needs – expansion projects, major equipment purchases, inventory buildouts, or commercial real estate through SBA programs – eBoost is the only option of the two that can accommodate those amounts.
Product Variety
Mulligan Funding focuses on two to three products: working capital loans, merchant cash advances, and short-term business loans. eBoost Partners offers six products, including several that Mulligan does not provide at all. Specifically, eBoost offers:
- SBA Loans – government-backed financing with favorable terms.
- Equipment Financing – purpose-built loans for purchasing or leasing machinery, vehicles, or technology.
- Purchase Order Financing – funding tied to confirmed customer orders.
- Invoice Factoring – converting unpaid invoices into immediate cash.
- Business Lines of Credit – revolving credit access for ongoing working capital needs; learn more in our line of credit guide.
- Revenue-Based Financing – repayment that flexes with your sales volume.
Speed
Both lenders are fast, but eBoost holds a slight edge. eBoost Partners provides same-day funding decisions, while Mulligan Funding typically takes 24 to 48 hours.
No Hard Credit Pull
eBoost Partners does not perform a hard credit inquiry during the application process. This is a meaningful advantage for business owners who are exploring multiple funding sources simultaneously.
Where Mulligan Funding Wins
Newer Businesses Welcome
Mulligan Funding requires approximately six months in business, compared to eBoost Partners’ one-year minimum. For businesses that are between six months and one year old, Mulligan is the clear choice between these two lenders.
Very Low Credit Scores Accepted
Mulligan Funding is known for working with borrowers who have credit scores as low as 500 to 550. While eBoost Partners does not publish a minimum credit score and does not perform a hard credit pull, Mulligan explicitly markets its willingness to fund lower-credit borrowers.
Established Track Record
Mulligan Funding has been operating since approximately 2008, giving it close to 18 years in the alternative lending industry. eBoost Partners was founded in 2023.
Deep MCA and Working Capital Expertise
Mulligan Funding has spent nearly two decades refining its approach to merchant cash advances and working capital loans. If your funding need is squarely in the working capital or MCA category, Mulligan’s focused expertise can translate to a smoother, more informed lending experience.
Who Should Choose eBoost Partners?
- Need more than $300,000 to $500,000 – eBoost funds up to $10 million, which is 20 to 30 times Mulligan’s ceiling.
- Want a specific product like SBA loans, equipment financing, invoice factoring, or purchase order financing.
- Value same-day decisions and want to avoid a hard credit pull while you compare options.
- Have at least one year in business and $5,000 or more in monthly revenue.
Who Should Choose Mulligan Funding?
- Have been in business for less than one year – Mulligan accepts businesses with as little as six months of operating history.
- Have a credit score in the low 500s and want a lender with a proven track record of funding borrowers in that range.
- Need a straightforward working capital advance or MCA without the complexity of choosing among multiple product types.
Disclaimer: eBoost Partners is the publisher of this comparison. We have made every effort to present accurate, balanced information about both lenders. Mulligan Funding data is sourced from publicly available materials as of March 2026. We encourage readers to verify current terms directly with each lender before applying. Nothing in this article constitutes a loan offer or approval.
FAQ
Can I apply to both eBoost Partners and Mulligan Funding at the same time?
Yes, and it is a smart way to compare your options. Since eBoost Partners does not perform a hard credit pull, applying there will not affect your credit score. Requesting offers from both lenders lets you compare actual terms – including rates, fees, and repayment structures – rather than relying solely on published qualification criteria. For business owners evaluating multiple online lenders, exploring top OnDeck alternatives can also provide valuable market perspective.
Does Mulligan Funding offer SBA loans or equipment financing?
No. As of 2026, Mulligan Funding specializes in working capital loans, merchant cash advances, and short-term business loans. If you need SBA-backed financing, equipment-specific funding, purchase order financing, or invoice factoring, you would need to work with a lender like eBoost Partners. To better navigate these distinct paths, review our complete business financing guide.
Is Mulligan Funding a good choice for businesses with bad credit?
Mulligan Funding has built its reputation around working with borrowers who have lower credit scores, reportedly accepting scores as low as 500 to 550. The lender focuses on business revenue and cash flow rather than relying solely on personal credit, which makes it one of the more accessible options in the alternative lending space for credit-challenged borrowers.
How does eBoost Partners fund up to $10 million without a hard credit pull?
eBoost Partners uses a revenue-based and business-performance-based underwriting approach for its initial evaluation, which does not require a hard credit inquiry. For larger funding amounts – particularly SBA loans and major equipment financing deals – additional documentation and underwriting steps may apply.
Which lender is cheaper?
There is no universal answer. Merchant cash advances and short-term working capital loans – Mulligan’s core products – typically carry higher factor rates than longer-term products like SBA loans or equipment financing, which eBoost offers. The most reliable way to compare is to request offers from both lenders and evaluate the total cost of capital for your specific funding need.
Ready to Compare Your Options?
If your business is at least a year old and you want to explore funding options beyond $500,000 or access specialized products without a hard pull on your personal credit, eBoost Partners is the more flexible choice.