Fundbox Reviews: Expert Analysis & User Insights for 2024

Offering both term loans and a lines of credit, Fundbox is the ideal lender if you are looking for a quick and easy loan application process. With Fundbox, you can get a decision in just three minutes of completing the application.

The more you work with Fundbox, the better your terms become. Get a loan, prove you can make the payments on time, and you’ll be offered more money at a lower interest rate the next time you apply. In this review, our team of expert reviewers has thoroughly analyzed and evaluated Fundbox loans. We will share our findings and provide our expert recommendations on whether Fundbox loans are worth considering.

Fundbox User Reviews - What People Are Saying

If you’re wondering, “Is Fundbox legit?” it’s important to know that yes, Fundbox is a legit online small business lender. The company has funded over $3 billion in capital since its origination in 2013. Fundbox is a leading provider of small business loans and has connected to over 500,000 businesses and counting.

Trustpilot rates Fundbox 4.8 out of 5 stars across more than 3,500 customer reviews. Across multiple reviews, users comment on the friendly customer service, ability to easily reach someone when needed, and the overall simplicity of the company’s application process and account management through the online dashboard.

What’s interesting to note is that most of the complaints found on Trustpilot center on applications that were not approved or were delayed during the height of the pandemic. Several of them relate to Paycheck Protection Program (PPP) loans, which the company no longer offers. Otherwise, there are few current customer complaints. The lower reviews that are posted generally see a response from Fundbox in less than 24 hours.

On the Better Business Bureau (BBB) website, Fundbox receives 4.74 out of 5 stars across 350 reviews and an A+ rating. Notably, Fundbox closed 12 complaints in the last 3 years and 5 in the last 12 months. This highlights some of the challenges noted in the Trustpilot reviews related to the PPP loans and delays during the pandemic.

Fundbox Review Video

Gordon Scott, our CMT expert applied for a $2,000 loan and shared his experience. Find the full Fundbox review video and all the details down below.

What is Fundbox?

Fundbox is an online lender offering financial products to small businesses. Since its launch in 2013, Fundbox has worked with over 500,000 small businesses and funded over $3 billion in capital. The company also ranked in the Forbes top 500 best startup employers for 2022 and was in The Financial Technology Report’s top 100 FinTech companies in 2021.

Fundbox creates a simple, automated process through its platform with minimal documentation. While its streamlined lending process is a key point of differentiation from its competition, they actively communicate with customers and make it their goal to help improve their customers’ financial lives.

Fundbox Pros and Cons