Fundbox, Inc.

Fundbox is a financial technology company based in San Francisco, California, that provides revolving lines of credit and invoice financing to small businesses across the United States. It uses technology and data analytics to make fast credit decisions, often within minutes of applying.

Fundbox's main product is a revolving business line of credit. A line of credit works differently from a term loan. Instead of receiving a lump sum and repaying it over a fixed schedule, you have an approved credit limit you can draw from as needed. You only pay for what you borrow, and as you repay drawn amounts, that capacity becomes available again. This makes a line of credit useful for managing cash flow gaps, covering unexpected expenses or taking advantage of short-term business opportunities.

Fundbox positions itself as a faster and more accessible alternative to traditional bank credit products. Because it uses automated data analysis rather than a lengthy manual underwriting process, small businesses can often get a decision and access funds within a business day. However, as with most online fintech lenders, the cost of borrowing from Fundbox is generally higher than what you would pay at a bank or credit union.

Fundbox is designed for small businesses that have been operating for at least a few months and have a track record of business banking activity or accounting records to review. Very early-stage startups with no revenue history may find it harder to qualify.

Fundbox operates entirely online across the United States. If you are evaluating a Fundbox line of credit, pay close attention to the effective annual interest rate and total cost of any draw you take. Comparing this against your bank's business line of credit and other options will help you make the most informed decision.