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Fundbox Review 2019
Score 4.8Loan Period
12/24 weeksLoan Range
Up to $100,000Pros
- Quick, flexible funding
- Fast approval
- Transparent pricing
Cons
- No personal loans
- One funding product
- Must have accounting software or business checking account
Bottom Line
Fundbox provides revolving lines of credit to small businesses that need quick funds with flexible terms.
Check if you Qualify for a Fundbox loan
See if I qualify
Who are Fundbox?
Fundbox has been in business since 2013 and has helped over 100,000 small businesses grow. The company provides small-to-medium businesses with easy access to a flexible, revolving line of credit.
What We Like Best
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Trusted by over 100,000 US businesses
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No paperwork to get started
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Simple repayment plans
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Quick approvals with credit decisions in 3 minutes and funding as soon as the next business day*
What services does Fundbox offer?
Type of Loan - Line of credit
Repayment Terms - 12/24 week
What do you need to apply?
- Business checking account with at least 3 months of transactions or supported accounting software with at least 2 months of activity. When you apply to Fundbox, you’ll need to connect your bank account or accounting software to Fundbox. You will receive a credit decision based on the overall health of your business originated from multiple data sources.
- At least $50,000 in annual revenue (ideally but can still apply if less)
- Based in the 50 US States or selected US territories
- Minimum credit score of 500
How does the application process work?
You can apply for Fundbox online by filling in a simple application form. You’ll also need to connect your financial data for a business health assessment. The entire process can take as little as a few minutes.
Is Fundbox trustworthy?
Fundbox provides a strong layer of data and privacy protection, ensuring that your personal information is protected throughout the process. The company has a 4.8/5 customer rating on Trustpilot and is BBB accredited.
Customer Support
Fundbox has a comprehensive Help Center but if you don't find your answer there, you can contact them via email, phone or online form. When we emailed them, we received a response within a few hours and found their representative to be very helpful and accommodating.
Bottom Line
Fundbox is a good option for those business owners who need quick cash while they’re waiting for customer invoice payments, and also for businesses that are looking for a flexible funding solution.
Please note that all information provided in this review is accurate at the time of publication and is subject to change. The information contained in this review is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The reviewer accepts no responsibility for any consequences whatsoever arising from the use of such information.
*Based on the median decision time for Fundbox customers.
