FundBox Small Business Loans Review
Fast Invoice & Short-Term Financing

Receive personalized loan offers through PrimeRates’ quick and simple pre-application online process.

How PrimeRates Works

PrimeRates provides access to personalized business loan offers through our simple and quick pre-qualification application. Once you're pre-qualified, you can select the best offer for you and finalize the business loan application with the lender.

  • Number Icon-1 50x50

    Apply in minutes

    Our simple application takes less than 5-7 minutes to complete.

  • Number Icon-2 50x50

    Select your business loan offer

    Choose the offer that best fits your needs by comparing loan amounts and terms.

  • Number Icon-3 50x50

    Receive funds quickly

    Finalize your loan offer with the lender you selected to receive your funds.


FundBox Small Business Loans Review

FundBox is an online business lender offering small lines of credit and invoice factoring services of up to $100,000.

What Is FundBox?

FundBox is an online business lender offering small lines of credit and invoice factoring services of up to $100,000.

How Does FundBox Work?

When businesses have unpaid invoices, they can sell those invoices for a quick cash advance of a portion of the unpaid amount. With FundBox, businesses will repay the funds over the course of 12 or 24 weeks. With a business line of credit, borrowers have access to the funds as they need them and make weekly repayments for up to 12 weeks.

FundBox might be a good fit if:

You own a relatively young business or startup and you need fast cash or are having trouble getting approved by other lenders. At just $50,000 per year, this lender’s minimum annual revenue requirement is also much lower than many of its competitors, so it can be a good option to look into if you have a smaller business.

Fundbox Review - Poor Credit

Loan Amounts $1,000 to $100,000
APR Range 10.1% to 79.8%
Repayment Terms 3 to 6 months
Credit Score No minimum personal credit score required
Time to Funding A few minutes to several days
Click “Check Rates” to apply to FundBox

» MORE: Compare Invoice Factoring Options

Interest rates: FundBox’s interest rates for invoice factoring range between 10.1% and 68.7% for 12 weeks and 11.4% and 78.6% for 24 weeks. Their lines of credit typically come with interest rates between 10.1% and 79.8%.

Fees: Fees depend on the borrower’s history with this lender as well as their credit and financial history. A fee for clearing a $1,000 invoice with FundBox can range between $52 and $72 over the course of three months.

Invoice Factoring: You can borrow up to $100,000 over three months with FundBox’s invoice factoring service. They’ll also advance 100% of the invoices’ value. Their loans are typically funded as soon as the next business day.  

Fast Cash/Short-Term Lines of Credit:  Alternatively, you can access up to $100,000 with a FundBox line of credit. These are also funded within a day. However, this option allows borrowers to access the funds up to the limit as they need it, instead of having immediate access to the entire amount.

How to Qualify for FundBox: To qualify for FundBox’s invoice financing, your company should have at least $50,000 in annual revenue and a minimum of three months of invoicing history using online accounting software that’s compatible with FundBox, including Freshbooks, Xero, Clio, InvoiceASAP, Jobber, Kashoo, Sage One or QuickBooks.

To be eligible for a line of credit with this lender, your company should have at least three months of operation under its belt and an annual revenue above $50,000. You should also have a business checking account.

Personal Guarantee/Collateral: Many borrowers choose FundBox because they don’t require a personal guarantee or collateral on smaller loan amounts.

Loan Example:  If FundBox advances you 100% of your invoices worth $50,000, with a three-month repayment term and 33.4% APR, the total amount that you will pay back will be $52,808.80.

FundBox Pros and Cons


  • Fast Cash: Both their lines of credit and invoice factoring products give borrowers access to their funds within one business day.
  • Bad Credit Ok:  FundBox is a good option for borrowers with bad credit because it bases its decision on other factors such as your financial history, annual business revenue, and amount of time in business.
  • Easy to Qualify: With a minimum annual revenue requirement of just $50,000 for both their credit line and invoice factoring, and a minimum invoicing history or a time in business of just three months, FundBox’s products have much easier requirements to meet than many of its competitors.


  • High Cost: Although requirements are low, their rates and fees can be quite high compared to traditional banks and some online lenders, with rates ranging between 10.1% and 79.8%. Most annual percentage rates on other lending and invoice financing options are capped at 35.99%.
  • Borrow $100,000 Max: The highest amount that you can borrow through FundBox is just $100,000. Unfortunately, business needs can exceed that amount so this maximum can present some limitations. If you need more than $100,000, it could be a good idea to look into companies like BlueVine or LendingClub, which offer loans and lines of credit with higher maximum amounts.

What You Need To Apply:

Before applying for a FundBox line of credit or invoice factoring, you’ll need to have a few things handy including your personal credit score and your business financial history. You’ll also need to have a compatible software program like:

  • Clio
  • Wave
  • Harvest
  • Freshbooks
  • QuickBooks Desktop
  • QuickBooks Online
  • Xero
  • SageOne
  • InvoiceASAP

Is FundBox Legit?

Before working with any kind of lender, you’ll want to know that they’re reliable and trustworthy. Fortunately, if you’re considering this one, FundBox is a legitimate company and currently has an A+ rating with the Better Business Bureau.

How Does FundBox Compare?

BlueVine offers a significantly wider range of amounts for both its invoice factoring and lines of credit. This lender’s invoice factoring starts at $20,000 with a maximum of $5 million, while its lines of credit start at $5,000 with a maximum of $250,000. Its annual percentage rates are in the same range as FundBox’s.

Kabbage also offers lines of credit up to $250,000, with interest rates ranging between 24% and 99%. However, their requirements are slightly more stringent and require borrowing businesses to have at least 12 months in business to qualify, so this lender isn’t ideal for startups or young businesses.

Compare all business loans

If you’re considering other business loans, PrimeRates offers comprehensive reviews of several other business loan types and lenders.  Even if you own a young business or don’t have high annual revenue, it’s still important to compare different lenders’ rates and types of financing options. Because invoice factoring advances are usually repaid within a short window of time, this form of financing is best for fulfilling immediate or one-time financial needs. Take the time to understand what all of your lending options are before committing to a product.

Compare Business Loans

Ready to find the funding you need?

Top Business Loan Articles

  • LLC Business Loans

  • Long Term Business Loans: 3, 5, 10

  • Payroll Deduction Loans

  • Small Business Loans For Bad Credit

  • Currency Capital Loan Review

  • Fundera Business Loan Review

  • Business Auto Loans

  • Emergency Small Business Loans

  • Merchant Cash Advance Loans (MCA)

  • Funding Circle vs LendingClub

  • Best Small Business Loans - Compare

  • Largest & Top Small Business Lenders

  • SBA Business Line of Credit

  • Unsecured Small Business Acquisition Loans

  • Best Small Business Loans For Women

  • Unsecured No Collateral Business Loans

  • Best Food Truck Financing Options

  • Small Business Loans For Medical Practices

  • FundBox Small Business Loans Review

  • BlueVine Small Business Loan Review

Scroll to Top