Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

6 alternatives to Fundbox lines of credit

Find fast financing with lower rates and higher credit limits than this online lender.

Fundbox offers fast, paperwork-free lines of credit (LOC) to businesses with as little as six months in business and a personal credit score as low as 600. It’s also in the process of launching a short-term loan. But rates can be high, starting at 4.66% per week — that’s equivalent to an APR over 240%. Its credit limits stop at $150,000, which is on the low end next to its competitors.

Many Fundbox alternatives also offer low-doc online applications, fast turnaround times and flexible requirements. And you’re not limited to traditional lenders or fintechs. You can also consider connection services to quickly narrow down your options or peer-to-peer lending platforms for an alternative lending option.

Our top 6 alternatives to Fundbox

Alternative for comparing lenders quickly: Lendio

Lendio business loans


Finder score

Go to site Read review
Lendio is an online business loan marketplace that partners with over 75 lenders, including many providers on this page. While it won't fund your loan, it allows you to prequalify with multiple providers by filling out a simple online form — at no cost. But while it has a wide range of partners, it doesn't work with every lender out there, and the application requires you to have quite a bit of information on hand.

Alternative for no contract invoice financing: FundThrough

FundThrough Invoice Factoring and Financing


Finder score

Go to site
on's secure site
Read review

FundThrough is one of the few fully-automated factoring companies that can transfer funds within 24 hours by connecting with your business accounting software. One of the biggest advantages of going with FundThrough is that there are no contracts — you aren't obligated to commit to a number of months.

While the financing fee range of 2.75% to 8.25% is average, it can provide as much as 100% of the funds upfront, minus the estimated fees. Most factoring companies only advance up to 90%.

Alternative for a larger line of credit: BlueVine

Bluevine business lines of credit


Finder score

Read review

BlueVine also offers business LOCs and invoice financing with credit score, time in business and revenue requirements similar to Fundbox. The main difference is the credit limit, which can reach $250,000. Instant funding is also available for a $15 fee, and rates start at 6.2% over a 26 week-term.

But it sets a $5,000 limit for first-time draws and doesn't offer information on rates for longer terms. Sole proprietors and partnerships may also have a more difficult time getting approved, as options for those are limited.

Alternative for instant funding: OnDeck

OnDeck short-term loans


Finder score

Read review

OnDeck is an online lender that offers business LOCs and short-term loans. It has similar credit requirements and low-doc application process to Fundbox. However, OnDeck advertises that it can transfer some draws within seconds or minutes. It also offers a credit limit of $250,000 — much higher than Fundbox's $150,000.

While its starting rates are high at 29.9% APR, it's less expensive than Fundbox — though still more costly than a traditional LOC. Quick funding can be great in tough spots, but watch out for those high rates.

Alternative for a low-fee line of credit: Kabbage by American Express

American Express Business Line of Credit


Finder score

Read review

Kabbage also offers a business LOC up to $250,000 with flat monthly fees based from 2% to 27%. While it starts lower than Fundbox, these fees still translate to a high 24% to 328% APR. You can also access your funds by making a request through the Kabbage app or your online portal.

However, Kabbage's credit score requirement is 660, which is higher than Fundbox at 570, so borrowers with less-than-ideal credit may have better chances with Fundbox.

Alternative for peer-to-peer loans: Funding Circle

Funding Circle business loans


Finder score

Read review

Funding Circle is a peer-to-peer lender that offers a range of business financing, including LOCs and invoice factoring. The rates vary widely by product, with the LOC rates from 7% to 25% APR and the invoice factoring rates from 10% to 60% APR — competitive compared to Fundbox's fees.

Funding Circle offers instant or same-day draws on its LOC, though other types of financing can take longer. The APR also includes an origination fee of 4.49% to 8.49%. But it requires a 620 credit score and at least two years in business.

How Fundbox compares

Fundbox is a low-fee provider with no application, maintenance or origination fees. And unlike many other business lenders, its time-in-business requirements are more lax, only requiring six months in business versus the typical 12. But its line of credit caps out at $150,000, whereas other lenders like OnDeck offer up to $250,000.

Fundbox shines in its simple, low-doc application, and it accepts credit scores as low as 600. So if your business has been active for less than 12 months and your credit score isn’t ideal, Fundbox might be the provider for you.


  • No-doc application
  • Fast approval and funding
  • Accepts fair credit
  • Only requires 6 months in business


  • High 4.66% starting weekly rate
  • Front-loaded fees
  • Low maximum credit limit

More guides on Finder

Ask a Question provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and Terms of Use.

Questions and responses on are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site