The Fundbox Line of Credit offers transparent pricing with no origination or application fees, with one weekly fee that’s based on the amount you draw. Fundbox has provided access to capital to over 500,000 businesses.
Nav recommends this product as a great solution for newer small businesses looking for a fast application process and access to a flexible LOC product. Bonus: When you click 'Apply now," we'll securely pass over your info, making applying with Fundbox a breeze. Only answer a few additional questions on their end and you're good to go.
625 minimum personal credit score. No impact to credit score to apply (soft pull only). No draw fees. Fast approval and funding, with funds available as soon as the next business day. Use as much as you need, only pay interest on what you use. Fundbox reports payment activity to all the major commercial credit bureaus via the Small Business Financial Exchange (SBFE), which can help strengthen a business's credit profile.
Must have a business checking account with a minimum balance of $500. May require large weekly payments (0.4% - 0.7% of the original draw amount per week) due to the short repayment duration.
At least 6 months in business
At least $30,000
Must have a business bank account
Weekly
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