How to apply for Fundbox Business Loans?
Do you need to find the right lender for your business? If so, read on to learn how to apply for Fundbox Business Loans!
by Victória Lourenço
Fundbox Business Loans application: no impact on your credit score!
You may consider a business loan if you’re a business owner needing quick cash. Before you apply, though, make sure you know how to apply for Fundbox Business Loans.
Also, Fundbox offers loans without impacting your credit score during the application!
That means even if you’ve had some financial trouble in the past, you can still have the chance of getting the money you need.
Therefore, in this post, you’ll learn how to apply for a business loan. We’ll also compare it to another available option so you can decide which loan is right for your business!
So, what are you waiting for? Keep reading our post to learn how to apply for Fundbox Business Loans!
Online Application Process
Before you start applying for this loan, you should understand a few details.
For example, you’ll need to check your loan terms before you complete the application. This way, you’ll know how much you’ll need to pay for fees and other loan terms.
Also, you’ll need to choose a loan type that best fits your company’s needs. For example, you can choose the business line of credit to help your business grow.
After you choose the best option, you can start filling in the application form with your information and the business information required.
Then, you’ll be able to get a response in as little as three minutes! Plus, you can get your funds in as little as the next business day after the loan approval.
Application Process using the app
You can download the Fundbox mobile app on your Android or iOS device. Then, you’ll follow the steps on the screen and complete your application!
Fundbox Business Loans vs. OnDeck Business Loans
If you’re looking for a different small business option lender, we can help by giving you a comparison.
So, with OnDeck Business Loans, you can get a business line of credit to manage your company’s cash flow, buy inventory, and make payroll.
Also, you can get loan amounts ranging from $5,000 to $250,000, depending on the loan option you need for your company. However, you’ll need a very good credit score to have a chance of qualifying.
So, you can check out our comparison table below to help you make the best decision for your business!
|Fundbox Business Loans||OnDeck Business Loans|
|APR||It depends on the loan type and terms.||Minimum of 29.90%.|
|Loan Purpose||Business lines of credit.||Businesses looking for funding.|
|Loan Amounts||It depends on the loan type and terms, but you can borrow up to $150,000, depending on your financial situation.||Amounts range from $5,000 to $250,000.|
|Credit Needed||Not informed.||Good to excellent.|
|Terms||It depends on the loan type and amount.||Up to 24 months.|
|Origination Fee||It depends on the loan type and amount.||0% to 4% (depending on the loan amount).|
|Late Fee||Not informed.||There may be late fees depending on the amount owed and loan conditions.|
|Early Payoff Penalty||No prepayment penalty fees.||There are no prepayment fees.|
Read the full review we’ve made about OnDeck business Loans features and see if it’s the right choice for you.
Learn more about home insurance: is it worth it?
Learn more about home insurance and its advantages, and check out the differences between home insurance, mortgage insurance, and warranty.Keep Reading
How to open a First National Bank eStyle Checking account?
If you need an account with no overdrafts to help you save more, read our post about the First National Bank eStyle account opening!Keep Reading
How to apply for the Mastercard® Luxury Black credit card?
The Mastercard® Luxury Black credit card is the right secured card for your travelings and shopping. Learn how to apply for it now!Keep Reading
You may also like
Learn all the main pros of rewards credit cards
You can get a lot of benefits with credit cards. We'll show you the pros of credit card rewards to optime your money in every purchase. So, to take advantage of your credit cards, read this article to learn how to do it.Keep Reading
Bull vs bear market explained: understand how they affect you
Here's a breakdown of a bull vs. bear market, what each means for investors, and some tips on where to invest now.Keep Reading
CitiBusiness® / AAdvantage® Platinum Select® Mastercard® application: how does it work?
Learn how to apply for CitiBusiness® / AAdvantage® Platinum Select® Mastercard® from the comfort of your home in only a few steps. Read on!Keep Reading