If you have pending invoices disrupting your cash flow, Fundbox provides quick and easy invoice financing that allows you to borrow funds against unpaid invoices. Once you connect your accounting software with Fundbox, you can continuously draw against your accounts receivable balance, much like a revolving line of credit. With the ability to tap into unpaid invoices, you’ll always have the capital on hand to keep your business running and growing.
Their product is designed for B2B businesses that invoice their customers. Their underwriting process is among the simplest and fastest in the lending and loans industry.
Typically, your personal credit score and time in business matter when you apply for small business loans. Not so with Fundbox. The company will, however, analyze your business transactions and conduct a business health assessment before approving you for funding. Besides that, Fundbox doesn’t require collateral or a personal guarantee, unlike many competitors in the small business loans space.
Here’s more info from our experts to help your small business thrive.