Full-Time
Credit Analyst I
Confirmed live in the last 24 hours
Mulligan Funding
51-200 employees
Provides working capital loans to businesses
Compensation Overview
$60k - $75kAnnually
Entry
San Diego, CA, USA
Hybrid position requiring in-office presence.
- At least one year of hands-on experience in underwriting or credit analysis; preferably 2-3 years within the industry.
- A Bachelor's degree, preferably in business, finance, accounting, economics, or a related discipline.
- A robust understanding of GAAP accounting principles, showcasing the ability to dissect financial statements and business bank statements.
- Knowledge of the U.S. small business lending landscape, coupled with insights into various industry risk segments.
- Well-developed organizational, communication, and time-management skills.
- Proficiency in Microsoft Office products, G-Suite, and the ability to swiftly adapt to new programs and CRM systems.
- Strong critical thinking, mathematical, and analytical skills.
- The ability to make informed and complex decisions under pressure within a fast-paced environment.
- Perform cursory analysis of financial documents to evaluate the creditworthiness of commercial loan applicants.
- Learn to assess the financial health of businesses by analyzing key financial metrics, such as liquidity, profitability, and leverage.
- Analyze personal and business credit reports to identify credit risks associated with commercial loan applicants.
- Prepare a brief statement based on established criteria and policies summarizing underwriting recommendations for commercial loan decisions.
- Collaborate with colleagues to communicate underwriting decisions to loan applicants and address inquiries or provide information.
- Assess the impact of the guarantor on the company’s ability to service debt.
- Performs other duties as assigned.
Mulligan Funding provides working capital loans specifically designed for small and medium-sized businesses in the United States. Their loans help business owners manage cash flow, expand operations, or address unexpected expenses. The loan process is straightforward, allowing for quick approvals and flexible repayment options, which sets them apart from traditional banks that often have lengthy procedures. Mulligan Funding assesses the creditworthiness of applicants using both technology and human expertise, enabling them to offer competitive rates tailored to the unique needs of each business. The company's goal is to foster long-term relationships with clients, supporting their growth and success in various industries.
Company Stage
Series A
Total Funding
$15M
Headquarters
San Diego, California
Founded
2008
Simplify's Take
What believers are saying
- Partnerships with companies like Nuula and Avetta expand Mulligan Funding's market presence and service capabilities, potentially leading to increased business opportunities.
- Being recognized as a top workplace can attract high-quality talent, fostering a positive and productive work environment.
- Involvement in community initiatives, such as hosting blood drives, enhances the company's public image and employee morale.
What critics are saying
- The competitive landscape of small business lending is crowded, requiring Mulligan Funding to continuously innovate to maintain its market position.
- Dependence on partnerships for service expansion could pose risks if these partnerships dissolve or underperform.
What makes Mulligan Funding unique
- Mulligan Funding specializes in providing substantial term loans up to $2 million, a significant offering compared to many competitors in the small business lending space.
- Their strategic partnerships with fintech companies like Nuula and supply chain risk management firms like Avetta enhance their service offerings and market reach.
- Recognition as one of the Best Places to Work SoCal 2022 highlights a strong company culture, which can be a competitive advantage in attracting top talent.
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