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Fundbox provides small businesses with access to working capital through a business line of credit. It targets small businesses facing cash flow challenges due to slow sales, late invoice payments, or unexpected expenses. Fundbox allows these businesses to draw funds as needed and repay them in equal installments over a 12 or 24-week period, with the credit replenishing as repayments are made. The application process is seamless and efficient, requiring an online application and document submission, with a focus on security. Fundbox generates revenue by charging interest on borrowed funds, with transparent rates and no hidden fees. The goal of Fundbox is to help small businesses remain operational and thrive during tough financial times.
Company Stage
Series D
Employees
51-200
Industries
Fintech, Financial Services
Total Funding
$392.5M
Headquarters
San Francisco, California
Founded
2012
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