About Fundbox
Most Frequently Asked Questions
- How do I apply to Fundbox?
- How do payments work?
- How long does it take for funds to arrive?
- Can I get discounts on my weekly interest?
- How do I update my bank account details?
- Can I pay an outstanding draw early?
Applying to Fundbox
- How can my customers apply to get net terms on business purchases?
- I want to start accepting payments with Fundbox. Will my customers definitely be approved?
- How soon can I start using Fundbox after I’m approved?
- I was not approved. Now what?
- I was approved for Fundbox credit! Now what?
- How do I apply with my bank statements?
Credit limits, interest rates & fees
- How is my credit limit determined?
- Will having additional lenders affect my Fundbox account?
- Can I get a credit increase?
- Can my credit limit and interest rate change over time?
- How much does it cost to use Fundbox?
- Will my customers definitely get enough credit to purchase from me?
Getting net terms powered by Fundbox
- Is there a minimum for purchasing with Fundbox?
- What are net terms? What does “free net terms” mean?
- What are extended terms? Am I eligible for extended terms?
- Which gift and homeware vendors accept payment with Fundbox?
- How do I make a business purchase with Fundbox to get net terms?
- What is “net-60”? Are other net terms available?
Offering net terms powered by Fundbox
Repayment terms
Connecting Your Accounting Software
- Why are some of my invoices appearing as “unavailable”?
- If I applied with a different data source, can I connect my accounting software later?
- Will my accounting software stay connected to Fundbox? What if I want to disconnect it?
- Why can’t I connect my accounting software?
- What accounting software does Fundbox support?
- What if I don’t use accounting software? Can I still use Fundbox?
Connecting your business checking account
- What is multi-factor authentication (MFA)?
- How long does it take for my funds to arrive in my bank account?
- Does my bank account stay connected to Fundbox? What if I want to disconnect it?
- How do I update the bank account I want Fundbox to use?
- Why can’t I connect my bank account?
- Which banks does Fundbox support?
Quickbooks Online
- How to Connect to Fundbox in Quickbooks Online
- What is Auto Bookkeeping and how does it work?
- How to Activate Auto Bookkeeping
- How to Disable Auto Bookkeeping
- Auto Bookkeeping: Why is there a discrepancy?
- How to manually record credit card, wire transfer or check payments in QBO