Term loans to invest in your future
No application fee. No origination fee. No prepayment penalty.I'm Interested
- “During the busy season, it's crucial that we have cash in our hands on time. Fundbox makes that possible.”
- Apply in two easy steps
Let us assess the health of your business to get you a fast credit decision. First, share some basic information about your business. Then, connect your accounting software and business checking account, or just your checking account by itself. Applying is free and will not affect your credit score.
Is a term loan right for you?
How do you decide which financing is right for your business? Here are some details on your options to help you decide.
|Term Loan||Line of Credit|
|Get a one-time loan up to your approved limit||Draw funds repeatedly without reapplying|
|If eligible, you may be able to take an additional term loan without reapplying||As you repay draws, your available credit is replenished so you can draw again|
|Choose a 24 or 52 week repayment plan||Choose a 12 or 24 week repayment plan each time you draw|
|Borrow funds with no origination fee and repay early with no prepayment penalty||Draw funds with no origination fee and repay early with no prepayment penalty|
|A term loan may be right for you if you’re looking to make an upgrade or invest in a large one-time expense like new equipment||A credit line may be right for you if you’re looking to fund ongoing expenses or to bridge cash flow gaps while waiting for outstanding receivables|
Term loan guide
How could your business benefit from a term loan?
By providing you with a lump sum of cash that you can pay off over a set period of time, term loans can be a convenient way to get the funds you need for a specific larger purchase. Typically used to finance vehicles, machinery, or even real estate, term loans can also help to fund business ventures or buy inventory in bulk. Read this guide to learn more about term loans and which type could work best for you.Read more
Fair and transparent fees
Unlike other term loans, there is no origination fee to establish a Fundbox Term Loan.
No prepayment penalty
Flexible terms to meet your needs - pay off your loan early with no prepayment penalty.
Automatic debits make it easy. Pay the same amount each week of your 24 or 52 week plan.
How our pricing works
Based on an average term loan of $20,000
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