receives compensation from some of the companies listed on this page. Advertising Disclosure


Fundbox Review

Donna Fuscaldo
Donna Fuscaldo
Senior Finance Writer Staff
Updated Aug 02, 2022

Fundbox’s business line of credit is accessible to a wide range of small businesses, including those with less-than-stellar credit. The company offers lines of credit of up to $150,000, repayment terms of three to six months and next-day funding, making Fundbox our choice for the best alternative lender for lines of credit.

Fundbox Review


The Verdict

Fundbox offers several loan products, including a line of credit for up to $150,000 and terms as long as 24 weeks. This lender has a low credit score requirement, quick funding and no hidden fees, making it an attractive option.

Fundbox Summary

Online application9.0
Quick funding10.0
Strict credit requirements9.0
Variety of loan types6.0
Editor’s score8.2

Pricing: Rates and Terms

Fundbox’s line of credit can be used for most business expenses, including equipment, payroll and taxes. Small business owners can get lines of credit of up to $150,000 with terms ranging from 12 weeks to 24 weeks.

The interest rate for your line of credit depends on your credit score and the length of the loan. For example, a $1,500 line of credit with a 4.66% interest rate would cost $130.83 a week for the life of the loan. In the first four weeks, you would pay $13.11 a week in fees, followed by $2.18 a week in fees in weeks five through 12. The funds replenish as you pay.

Did you know?Did you know? Fundbox has been in business since 2013 and has extended loans to more than 300,000 small business borrowers since then.

Fundbox takes the guesswork out of pricing. You have a fixed payment due, and the fees are broken out for you before you draw down any money. There is no prepayment penalty if you pay back your loan early, and to make it easy, Fundbox automatically withdraws your weekly payments directly from your bank account.

We like that you know how much it will cost you to draw against your line of credit before you do it. That empowers you to decide if it’s worth it.

The Fundbox website has a pricing calculator that gives you an idea of the fees you will pay each week.

Loan Process

Fundbox is an attractive option for business owners who are looking for a line of credit because it offers transparent pricing and a quick and easy path to funding.

To get funding from Fundbox, small business borrowers apply for a Fundbox loan online and should get a decision within minutes. First, you must share some information about your company and then connect your accounting software and/or bank account with Fundbox. Then, Fundbox underwrites the loan.

Fundbox doesn’t store any login credentials, which is a bonus; you don’t want your personal information to fall into the wrong hands. We also like that applying for a Fundbox loan doesn’t affect your credit score.

Fundbox takes several steps to ensure your personal data doesn’t fall into the wrong hands.

If you are approved, funds can be in your account as soon as the next business day. You pay only when you draw money, with the payment charged in equal installments over a 12- or 24-week plan. Your available credit replenishes as you pay back your loan.

Fundbox also offers business owners term loans, which have no application fee, origination fee or early-payment penalty. The lender uses the same approval process that it applies to its lines of credit, with funding available the next day in some instances. Borrowers can pay it back in terms of 24 or 52 weeks.

We like that you have a choice between a term loan and a line of credit with this lender. While many business owners prefer lines of credit because you can draw down money when you need it and pay interest on only those amounts, others need a lump sum for inventory, equipment or another business expense. Your use case will determine which type of financing is right for you.

Many business owners like lines of credit because they can be used to meet certain challenges. Common uses for lines of credit include hiring new employees to meet demand, managing cash flow and preparing for a busy period.


Fundbox requires a business history of at least six months, annual sales of at least $100,000, business customers with median annual sales of $300,000, a business bank account, at least three months of business bank transactions, and a personal credit score of at least 600.


Fundbox’s loans are unsecured, which means you don’t have to put up assets as collateral. However, Fundbox may require a personal guarantee, meaning you are personally responsible for paying back the loan if your business fails to.

Time Until Deposit

Fundbox has a quick turnaround from application to funding. You can get a decision in minutes, and funds can be transferred as soon as the next business day.

Special Documentation

When you use Fundbox for your line of credit, you don’t have to provide a lot of financial documentation. Because Fundbox links with your business bank account and accounting software, the lender can quickly assess the strength of your business.

TipTip: While you may not need to provide reams of documentation, it’s still a good idea to have financial documents at the ready, including tax returns, bank statements and copies of your ID.

Fundbox Pros

There are several reasons why we chose Fundbox as the best line of credit for small businesses. First, we like that this company is transparent. With Fundbox, you know exactly how much it will cost to draw from the line of credit, so you can evaluate whether it’s worth it.

Another reason we like Fundbox is the easy application and approval process. Because Fundbox connects with your business bank account and/or your accounting software, you don’t have to provide much additional documentation for the lender to make a credit determination. Fundbox offers lines of credit of up to $150,000; although that isn’t the highest in the industry, it’s plenty for many small businesses. If you need a larger line of credit, head over to our review of Balboa Capital to see if that may be a better fit, as it offers up to $250,000.

Another plus with Fundbox is that the money automatically replenishes. You’ll also have money in the bank to cover unexpected expenses or to fund growth.

Fundbox’s qualifications are favorable, with a relatively low credit score requirement of 600. That expands the number of small business owners who can access credit through this lender. There are also fixed withdrawal payments each week, so you’ll know ahead of time how much you’ll owe each week.

Fundbox has a good reputation in the market and has an A+ rating from the Better Business Bureau (BBB). The company has been accredited with the BBB since 2014 and is rated 4.7 out of 5 based on 2,312 Trustpilot reviews.

Fundbox has excellent reviews from customers.

Fundbox Cons

Fundbox offers an attractive line of credit, but it won’t meet the needs of all small business owners. For starters, you need $100,000 in annual sales and business customers with median annual sales of $300,000. You also need at least six months of business history, a business bank account and a credit score of at least 600.

The short repayment terms and weekly payments may not appeal to every business owner. This can also have a negative impact on your cash flow if you run into a rough week.

Despite the drawbacks, Fundbox offers competitive pricing, quick access and an easy approval process, making it our pick for the best business lender for lines of credit.

Fundbox Review


The Verdict

Fundbox offers several loan products, including a line of credit for up to $150,000 and terms as long as 24 weeks. This lender has a low credit score requirement, quick funding and no hidden fees, making it an attractive option.

Donna Fuscaldo
Donna Fuscaldo Staff
Donna Fuscaldo is a senior finance writer at and has more than two decades of experience writing about business borrowing, funding, and investing for publications including the Wall Street Journal, Dow Jones Newswires, Bankrate, Investopedia, Motley Fool, and Most recently she was a senior contributor at Forbes covering the intersection of money and technology before joining Donna has carved out a name for herself in the finance and small business markets, writing hundreds of business articles offering advice, insightful analysis, and groundbreaking coverage. Her areas of focus at include business loans, accounting, and retirement benefits.