Positive Fundbox reviews said the company had a helpful
customer service team.
The biggest drawback of Fundbox is its relatively low $100,000 loan limit.
The repayment terms on Fundbox's loans vary from 12 to 24 weeks.
Fundbox(Best Overall) Businesses that need the easiest revolving
line of credit up to $100,000.
This potentially makes Fundbox one of the least restrictive lenders in our comparison.
Fundbox Businesses that want a loan up to $100K with no minimum
credit score requirement.
Like Kabbage, Fundbox gives you the opportunity to repay your loan early
and save some money.
Fundbox can you get you financed for up to $100,000 based
on your outstanding customer invoices.
Fundbox has a wide APR range,
from 10% to 79%, which they confirmed with us directly.
Critical Fundbox reviews came from users who wished they could
increase their repayment terms to longer periods.
Critical Fundbox reviews came from users who wished they could
change the repayment terms to longer periods.
Additionally, it also offers a $100,000 line of credit like Fundbox, and you can qualify for both.
Similar to Fundbox, BlueVine allows you to repay the line of credit
on a weekly basis over six months.
Additionally, its credit score requirements are also
higher than other providers we evaluated, including Fundbox, which has no minimum.
Fundbox has no minimum credit score requirement,
which is the simplest requirement to satisfy amongst suppliers that we evaluated.
Fundbox is transparent with their rates
and provided us with an APR range for 10% to 79% for its loans.
Also, unlike Fundbox, BlueVine requires your customer relationships to be assigned to them,
which can be difficult for some businesses.
Additionally, although the higher borrowing limit and
longer terms of Kabbage exceed what Fundbox offers it may still be insufficient.
Customers who gave Fundbox positive feedback said the process was made easy
and simple by the company's professional and helpful representatives.
Users who gave Fundbox positive feedback said that the process was made easy
and simple by the company's professional and helpful representatives.
Fundbox has an easy online application,
simple minimum requirements to meet, and quick funding, making them the best overall easy loan for small businesses.
Unlike Fundbox you are offered terms from three to 36 months,
instead of selecting either 12 or 24 weeks, which is potentially less flexible.
Based on the weekly fee, the starting costs for a Fundbox loan are $600 for 12 weeks
and $1,680 for 24 if you borrow $10,000.
There are no prepayment penalties with a Kabbage loan, so you can
pay your loan off early and save on monthly fees, similar to Fundbox.
With a six-month minimum time in business requirement, Fundbox is a great startup business loan
with no collateral option for borrowers with good recent history.
Although Fundbox's terms are shorter than other providers,
they offer a line of credit like Kabbage that allows you to draw on additional funds after repayment.
With invoice financing through Fundbox, you can expect to pay a discount fee
starting at 4.66% of the value of the invoice(s) that you have financed.
With a maximum loan amount of $100,000,
and the flexibility to draw as much as needed, the Fundbox line of credit can help businesses
that qualify with short-term financing.
You need to give Fundbox access to your bank accounts or accounting software-
it supports integration with more than a dozen programs- so it can assess your health.
Rather, you need to give Fundbox access to your bank accounts or accounting software-
it supports integration with over a dozen programs- so it can assess your health.