Lender review
Fundbox Business Loans, Reviewed
A single product direct lender offering a fast business line of credit, with decisions in minutes and just 3 months in business required.
Lender review
A single product direct lender offering a fast business line of credit, with decisions in minutes and just 3 months in business required.
Fundbox does one thing and does it quickly: a revolving line of credit up to $150,000, with a decision in about three minutes and funds the next business day. Its 3 month time in business minimum is one of the shortest on this network, and only your first draw triggers a hard credit pull. The tradeoff is that it is genuinely a single product lender, so a business that needs a term loan, equipment financing, or anything beyond a line of credit will need to look elsewhere.
Fundbox offers a single product, a revolving business line of credit up to $150,000, funded by FDIC member partner banks and built for businesses that need working capital fast.
What makes Fundbox stand out is speed paired with a genuinely low time in business bar. Most applicants get a decision within three minutes, and unlike lenders that run a hard credit pull just to see your rate, Fundbox only does a hard inquiry when you make your first draw, so checking your eligibility costs you nothing on your credit report.
Prequalify in minutes without affecting your credit score.
Exact rates and loan amounts vary by product and by applicant; see the product breakdown below for details on each one.
Fundbox offers exactly one product. There is no matching process or product comparison, just a straightforward line of credit.
| Business line of credit | Revolving credit up to $150,000, funded by FDIC member partner banks. Draw what you need, repay weekly over a 12 or 24 week term, and repaid amounts become available again. Fees start around 4.66 percent for a 12 week draw. |
Rate, term, and amount figures are set per applicant during underwriting.
Fundbox’s bar is built around speed and accessibility rather than a lengthy underwriting process.
Fundbox generally requires a personal credit score of 600 or higher. Scores above 650 tend to see better approval odds, and the best rates typically go to scores of 700 or higher.
The minimum is 3 months with an active business checking account, though Fundbox recommends 6 months for stronger approval odds.
Fundbox generally looks for at least $100,000 in annual revenue, verified through at least 3 months of transaction history in a business checking account.
Rather than a lengthy document review, Fundbox connects to your business checking account and accounting software to assess cash flow directly.
The application is entirely online, and Fundbox is built to get you a decision in minutes rather than days.
Connect your business bank account and complete Fundbox’s application. This uses a soft credit pull and does not affect your score.
Most applicants receive a decision within about 3 minutes.
Once approved, log into your Fundbox dashboard, choose your draw amount and term, and funds typically arrive the next business day.
3 months in business is shorter than nearly every other lender on this network, making Fundbox realistic for very new businesses.
Most applicants get a decision within about 3 minutes of applying.
Applying uses a soft pull only. A hard pull happens once, on your first draw, not every time you check your rate.
Fundbox operates in all 50 states and US territories, including Guam, Puerto Rico, and the US Virgin Islands.
One line of credit product means no confusion about which financing type fits your file.
If you need a term loan, equipment financing, or anything beyond a line of credit, Fundbox will not be able to help.
Payments come out weekly rather than monthly, which some businesses find harder to plan around.
The advertised weekly fee looks competitive, but annualized effective rates can climb well above what the headline number suggests.
Fundbox originates its line of credit through FDIC member partner banks, funding the product directly rather than matching you to a marketplace of unrelated lenders.
Fundbox generally requires a personal credit score of 600 or higher, with stronger scores unlocking better approval odds and rates.
Most applicants receive a decision within about 3 minutes, with funds typically arriving the next business day after a draw.
Fundbox offers a single product, a revolving business line of credit up to $150,000.
Fundbox generally requires at least 3 months in business, at least $100,000 in annual revenue, and a personal credit score of 600 or higher.
No. Applying uses a soft credit pull. A hard credit pull only occurs when you make your first draw.
We score lenders on loan cost, eligibility and accessibility, funding speed, and customer experience, drawing on the lender's own disclosures, public complaint records, and third party review platforms. Ratings are reviewed monthly and reflect our independent analysis; lenders cannot pay for a better score.
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