Line of Credit by Fundbox
The Fundbox Line of Credit is a common sense approach to small business funding, with no paperwork or personal credit check required to get started. You can qualify for up to $100,000 in credit. Fundbox offers transparent pricing with no origination or application fees, with one simple weekly fee that’s based on the amount you draw. Fundbox is trusted by small businesses owners and industry experts, with over 50,000 small business customers served.
No draw fees. Fully automated using bank account data that represents most of the business activity. Fast Approval & Funding. Personal credit is not pulled, and not taken into account.
Only issue up to $15,000 initially. Must have a business checking account with a minimum balance of $500. Could have large weekly payments (0.5% - 0.7% of the original draw amount per week) due to the short repayment duration.
Time in Business
At least 6 months in business
At least $25,000
No requirement, no pull
No business bank account
Reviews Disclosure: The responses below are not provided or commissioned by the credit card, financing and service companies that appear on this site. Responses have not been reviewed, approved or otherwise endorsed by the credit card, financing and service companies and it is not their responsibility to ensure all posts and/or questions are answered.