Category: Reviews

Fundbox offers a way for businesses to get paid in advance for their outstanding invoices. An advance on invoices such as the one offered by Fundbox are an option for businesses who offer their customers net-30, 60, or 90 day payments who need to close the payment gap and cover cash flow needs. As of late July 2016, Fundbox had processed 39 million invoices from 30,000 small businesses nationwide, a growth of about 17 million invoices since December of last… Read More

OnDeck Capital, a small business lender providing intermediate term loans and lines of credit, recently underwent a site rebrand. Although no specific changes were announced with the rebrand, the press release notes that this change is meant to reflect OnDeck’s focus on customer service. “We wanted to show that it’s no longer just about getting financing quickly—it’s about getting the right financing for your business,” OnDeck’s Chief Marketing Officer Andrea Gellert told Bankless Times. We took a detailed look at… Read More

Entrepreneur Media recently joined the ranks of online small business loan providers after announcing a new lending partnership with CAN Capital. Entrepreneur Lending powered by CAN Capital will offer CAN Capital’s lending products to small business owners seeking financing. A press release announcing the partnership says that “merchants can use funds to open new locations, increase inventory, purchase new equipment or grow in other capacities.” CAN Capital offers three different lending products for business owners, all of which will be… Read More

Fundera and Lendio are two online marketplaces that aim to simplify the business financing process by cutting down the search and wait time associated with finding a small business loan. Online marketplaces allow business owners to comparison shop for credit from a variety of lenders, including short-term and long-term loans, equipment financing, invoice factoring, lines of credit, merchant cash advances, SBA loans, and more. Fundera and Lendio each work a bit differently, and if you’re considering using an online marketplace… Read More

Bank of America® serves more than 3 million small business customers. They lent nearly $10.7 billion in new credit to small businesses in 2015, and came in at number 48 on the U.S. Small Business Administration’s list of 100 top preferred SBA lenders in FY 2016 for their most popular small business funding source, the 7(a) loan program. Bank of America offers a wide variety of lending products to established small business customers, including secured business loans, equipment financing, commercial… Read More