Fundbox has two products that are very-easy-to-qualify-for revolving personal lines of credit and invoice financing.
Just in case youвЂ™re unsure, this is actually the distinction between invoice funding and invoice factoring. For as long you should be eligible for FundboxвЂ™s services as you have a credit score of at least 500 and use compatible invoicing/accounting software or have a compatible business banking account. Along with its credit that is low score with no time-in-business requirement (except that making use of accounting or invoicing software for just two months), Fundbox would work both for startups and bad-credit borrowers.
You will do need certainly to spend the mortgage quite quicklyвЂ“over 12 or 24 months based on your offerвЂ“and the maximum borrowing quantity is $100K.