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Line of Credit

Fundbox review.

Fundbox underwrites primarily on cash-flow signals from connected accounting/bank data. Approval is fast and friction-light.

Loan range
Up to $150K
Speed
Next business day
APR / Fee
Weekly fee 4.66% – 8.99% (effective APR varies)
HQ
San Francisco, CA · est. 2013
Best for

Newer businesses (6+ months) needing short bursts of working capital.

Watch out for

12 or 24-week repayment schedule pressures cash flow.

Pros
  • +Low minimum time in business
  • +Soft credit pull at application
  • +Easy to qualify
Cons
  • –Smaller line sizes
  • –Short repayment terms
  • –Personal guarantee
Alternatives to Fundbox
Bluevine
$6K – $250K
OnDeck
$5K – $250K
Kabbage (Amex Business Blueprint)
$2K – $250K
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