What are extended terms? Am I eligible for extended terms?

We offer two services, a revolving line of credit and net terms on business purchases. This article applies to the net terms service.


Extended terms are available in most U.S. states. In these states, extended terms begin automatically when net terms end.

In extended terms, customers can pay Fundbox over the course of up to 52 weeks. However, customers can pay in full anytime before the 52 weeks are up by calling Support or directly from the dashboard. 

There is no prepayment penalty for paying off a draw in full before the 52 weeks are up. In fact, all remaining weekly fees will be waived! Customers only pay fees for the weeks they used.

Within a week of each debit going through, the customer’s credit limit is replenished and can be used for additional purchases.

For customers who are not eligible for extended terms, the complete amount of the purchase will be debited automatically at the end of the net terms period.

Customers in the following states receive net terms when they purchase with Fundbox, but will not continue to extended terms. 

  • Alabama
  • Delaware
  • Mississippi
  • Nevada
  • New Mexico
  • Ohio
  • South Dakota


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