Fundbox

Business Credit Line up to $150,000

Fundbox offers fast access to a business credit line or business term loan. Its AI-powered financial platform gives them a look inside a business to get a quick credit decision. All you need to do is create an account free and connect your business accounts like your bank account and accounting software. They do not store your login credentials and applying does not hurt your credit score since they conduct a soft pull.

Requirements:

  • EIN Number
  • Business bank account
  • Minimum monthly revenues of $4k
  • Soft inquiry - 600+ credit score

Business Credit:

  • Select a Business Line of Credit OR Business Term Loan
  • Does not report to personal or business

CLICK HERE to apply

Special note - upon approval, only when you draw on your line of credit for the 1st time do they conduct a single hard pull on your credit.

  • 1

    Remember - Bank & Lender Relationships

    At level 3 you should already have 10+ tradelines reporting from Level 1 and Level 2 combined. At level 3 it's key to establish multiple bank and lender relationships by maximizing your funding potential.

  • 2

    Tip - Leverage Newly Established Lending Relationships

    When you get a business line of credit it’s important to use that account on a periodic basis. Wait at least 6 months before requesting a credit limit increase or applying for a new funding product offered by a lender you have an existing business credit line with.

  • 3

    Tip - Payment Activity

    Always pay your bill on or ahead of the due date. Paying better than terms is ideal since this can improve your credit rating even more. Plus, a lender will always review your existing account history when you apply for more business credit or business loan with them.