Invoice Financing by Fundbox
Fundbox offers business owners a simple way to fix their cash flow by advancing payments for their outstanding invoices. Fundbox is a small business solution designed by a small business. It was built by a group of technological innovators and financial professionals with the mission of helping small businesses grow, become independent and achieve their full potential.
6/10
Bottom Line
Good alternative to MCA or other business cash advances. Make sure you are comfortable with what the weekly payments will be.
Pros
You are given 100% of the invoice funds and then repay weekly for 12 weeks.
Cons
Must have accounting software that you use for invoices, and have at least 3 months of data. Connect directly with Quickbooks, Sage, Xero, Wave, Freshbooks, Clio, Kashoo, Harvest or InvoiceASAP.
Qualification requirements
Time in Business
At least 3 months in business
Accounting Software
At least 3 months of accounting software data. Connect directly with Quickbooks, Sage, Xero, Wave, Freshbooks, Clio, Kashoo, Harvest or InvoiceASAP.
Knockouts
No Bankruptcy, no major liens
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