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Fundbox vs. American Express® Business Line of Credit: Which is better?

Fundbox has your typical interest rates, while AMEX Business Line of Credit includes monthly loan fees.

Despite their differences in maximum loan approval amounts, both lenders have flexible monthly revenue requirements for businesses to qualify.

For small business owners, Fundbox offers an easy one-step application process and quick access to funds, while American Express Business Line of Credit, formerly Kabbage, provides a larger range of credit line amounts and a competitive no-interest rate appeal.

Fundbox vs. American Express Business Line of Credit: A quick comparison

FundboxAmerican Express Business Line of Credit











Finder rating★★★★★ ★★★★★
Loan products offered
  • Line of credit to cover payroll, inventory, raw materials, maintenance and more
  • Business Line of Credit
Interest rates4.66% for 12-week terms and 8.99% for 24-week termsMonthly fees on amount you use rather than interest rates
FeesNo origination, opening or prepayment fees.
  • No origination, annual, monthly maintenance or application fees
  • A loan fee is included in each monthly payment:
    • 3–9% for 6-month loans
    • 6–18% for 12-month loans
    • 9–27% for 18-month loans
    • 12-18% for 24-month loans
Loan amountsUp to $150,000$2,000 to $250,000
Turnaround timeNext business day1–3 business days to process
Eligibility requirements
  • Full name
  • Date of birth
  • Social Security number
  • Min 600 FICO score
  • $30,000 min annual revenue
  • 6+ months in business
  • Business checking account
  • 12 months in business
  • 660 FICO Score
  • Valid checking account
  • 18 years of age or older
  • $36,000 in annual business revenue
Ratings
  • BBB star rating: A+
  • Trustpilot rating: 4.4
  • BBB star rating: Not accredited
  • Trustpilot rating: 1.5
State availabilityAvailable in all states
Pros
  • Fundbox Flex Pay offers three extra days to repay with no fees
  • Relaxed eligibility requirements
  • Must have average monthly revenue of $3,000, which is smaller than other competitors
  • Can have more than one loan with American Express at a time
Cons
  • Short repayment periods
  • Lower max borrowing limit
  • Have to pay fees in each monthly payment
  • Late fees apply
  • Business performance is regularly analyzed to determine if your line of credit access should be suspended
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Fundbox vs. American Express Business Line of Credit: Which one’s better?

Fundbox uses AI technology to process lines of credit up to $150,000 instantly and small business loans in a quick turnaround time.

American Express Blueprint Business Line of Credit offers businesses up to $250,000 but requires a slightly higher credit score.

Overall, American Express Blueprint Business Line of Credit may appeal to businesses due to its larger credit access and lack of interest rates in exchange for built-in fees.

When to consider Fundbox

Fundbox is best if you need a company that:

  • Accepts lower credit scores. Fundbox approves loans for business owners with credit scores as low as 600.
  • Offers payment flexibility. Fundbox offers a three-extra-day grace period for those who can’t meet their payment due date.
  • Has a positive reputation. While other lenders have a positive reputation, Fundbox has excellent ratings by both customers on Trustpilot and Better Business Bureau.

When to consider American Express Business Line of Credit

American Express Blueprint Business Line of Credit may work best for people who want:

  • A larger loan amount. American Express Business Line of Credit offers up to $250,000 to those who qualify.
  • No interest rate. Borrowers who prefer no interest rate and would rather have baked-in monthly fees may prefer American Express.
  • More than one loan. American Express allows businesses to have more than one line of credit as long as both combined fall under the maximum approval amount.

The similarities

Both lenders are similar in that they require some form of a six-figure annual revenue requirement and credit scores in the 600 range. They also both offer quick turnaround times in as little as one business day for select businesses.

Compare other business loans

Compare up to four lenders side-by-side to see how they stack up.

Name Product Filter Values Min. Amount Max. Amount APR Requirements
Lendio business loans
Finder Score: 4.8 / 5: ★★★★★
Lendio business loans
$1,000
$5,000,000
Varies by lender
Operate business in US or Canada for 6 months or more, have a business bank account, minimum 500 personal credit score, at least $20,000 in monthly revenue
Submit one simple application to potentially get offers from a network of over 75 legit business lenders.
Fundible
Finder Score: 4.9 / 5: ★★★★★
Fundible
$1,000
$10,000,000
Rates start at 1% per month
500+ FICO score, $200,000 annual revenue, 6 months in business, most recent business bank statements
Same day approval
Nav business loans
Finder Score: 4.8 / 5: ★★★★★
Nav business loans
$500
$5,000,000
Varies by lender
550+ credit score
Get connected with personalized matches from over 100 lending options. Plus, get the best rates with the help of dedicated funding managers.
BusinessLoans.com
Finder Score: 4.4 / 5: ★★★★★
BusinessLoans.com
$5,000
$3,000,000
Varies by loan type and lender
Must have been in business between 1 to 2 years, have a minimum revenue of $75,000 to $250,000 and have a minimum credit score of 500 to 650.
Complete a three-minute form to see loans that fit your business’s needs. Compare offers without a hard credit check.
Fundera business loans
Finder Score: 4.9 / 5: ★★★★★
Fundera business loans
$2,500
$5,000,000
Varies based on lenders
$60,000+ of annual revenue, 550+ personal credit score, in business for 6+ months
Get connected with short-term funding, SBA loans, lines of credit and more.
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Alternatives to Fundbox and American Express Blueprint Business Line of Credit

Here are alternative products similar to both Fundbox and American Express Blueprint Business Line of Credit:

  • Bluevine. Can fund your loan in minutes.
  • SmartBiz business loans. Loan amounts up to $500,000.
  • Finance Factory. Offers APRs as low as 0% for lines of credit.

See how other lenders stack up

Want to learn how other lenders compare?

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