We’re thrilled to announce our expanded partnership with Synchrony, one of the nation’s premier consumer financial services companies, to make credit available to Synchrony’s growing base of small businesses.

We’ve designed our business capital platform to accelerate small business payments and credit at scale. Now, Fundbox provides a convenient credit solution and enables seamless integration of small business credit as a service within the existing Synchrony workflow.

With the new Fundbox implementation, Synchrony’s small business merchants who are interested in applying for a business line of credit can conveniently access the Fundbox service through Synchrony’s Business Center.

Now, Synchrony can provide small business merchants with “in-workflow” access to Fundbox credit service at a time when they need it the most.

“At Fundbox, we have built our entire business experience around the needs of our customers, be they SMEs, B2B platforms, Vendors, or services like Synchrony,” said Eyal Shinar, Founder, and CEO of Fundbox. “With the increased availability of business data, advances in machine learning, and the growth of APIs to make integrations easier, Fundbox is bringing risk analysis and on-demand access to capital directly at the point of the B2B transaction. We are consumerizing B2B commerce in a way that no one else has done before at a time when the B2B market needs it the most.”

“Synchrony is constantly looking to provide our small business merchants with new tools and resources. With Fundbox, small businesses can apply for a credit line, which can make a huge difference in helping drive growth,” said Karen Nash Mirkin, senior vice president, Synchrony Connect. “We are looking forward to continuing our partnership with Fundbox to help our partners grow.”

Here’s a roundup of recent media coverage of our expanded partnership with Synchrony.

PYMNTS: Fundbox Strengthens Synchrony’s SMB Financing Position

B2B payments and finance company Fundbox is expanding its partnership with consumer financial services company Synchrony in a deal that will expand the latter’s position in small business funding.

In a press release issued on Thursday (March 28), Fundbox and Synchrony announced a collaboration that will enable Synchrony to link its small business customer base to financing by integrating Fundbox‘s artificial intelligence-powered business capital technology. The solution is geared toward merchants using the Synchrony Business Center, a holistic tool that helps merchants manage operations and implement financing solutions for their own customers.

Now, via the Fundbox integration, those same merchants can access capital themselves.

Benzinga: Fundbox Expands Partnership with Synchrony to Make Credit Available to Small Businesses

Today Fundbox, a leading Fintech company dedicated to simplifying the way businesses pay and get paid, announced a partnership expansion with Synchrony, one of the nation’s premier consumer financial services companies,  to make credit available to Synchrony’s growing base of small businesses.

LendTech: Synchrony picks Fundbox to provide B2B credit for merchants

Fintech company Fundbox has partnered with Synchrony to make B2B credit available to the financial services firm’s merchant client base, reports Jane Connolly. Fundbox built the first artificial intelligence (AI)-enabled business capital platform, designed to accelerate B2B commerce at scale.

LendIt Fintech News: Fundbox Partners with Synchrony for SMB Lending

The partnership announced today will allow Synchrony’s small business merchants to apply for a line of credit through Fundbox; borrowers be able to access the product offering through Synchrony’s Business Center; Fundbox leverages machine learning to provide a funding decision in just minutes and provides access to lines up to $100,000; Fundbox was founded in 2013 and has raised $150 million.

Image source: PYMNTS.

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Content strategy lead at Fundbox. Irene is a writer, marketer, and content strategist with over 10 years of experience working with mission-driven businesses to bring their stories to life.