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Fundbox is a leading technology platform focused on disrupting the $21 trillion B2B commerce market by building the worlds first B2B payment and credit network. With Fundbox, sellers (of all sizes) can quickly increase average order volumes (AOV) and improve close rates by offering more competitive net terms and payment plans to their SMB buyers. With heavy investments in machine learning and the ability to quickly analyze the transactional data of SMBs, Fundbox is reimagining B2B payments and credit products in new category-defining ways. Fundbox is located in San Francisco, CA, Dallas TX and Tel Aviv, Israel.
Fundbox offers business owners a simple way to fix their cash flow by advancing payments for their outstanding invoices. Fundbox advance thousands of invoices weekly, offering small business owners the ability to optimize their cash flow by advancing payments for unpaid invoices.
Lending platform - short term loans for businesses
Company generates revenue by charging advance & transaction fee from customers. Repayment can be over 12 or 24 weeks. The APR is between 16.4% to 76.5%
The Sleeter Group
Fundbox does not rely on traditional credit scores but instead creates a risk profile of the company by plugging and logging into its accounting software.
$625 M in 2015
0.0 in 2014
Check out for BlueVine. This is the main competitor in the USA.
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