We offer two services, a revolving line of credit and net terms on business purchases. Discounts on interest are currently only available for the revolving line of credit service.
Yes. There are two ways to get discounts on your weekly interest. We call these discounts “Rewards”.
For some holidays and other occasions, we send out coupons which automatically add Rewards to your balance. Your Rewards will automatically be applied to your next draw, lowering the interest due each week for that draw.
Some Fundbox accounts include a CashBack program. With CashBack, each time you make a weekly payment, a percentage of the interest paid is added to your Rewards account. These Rewards are also automatically be applied to your next draw, lowering the interest due each week for that draw.
If you pay an outstanding balance in full before your payment terms end, we'll waive all remaining interest. The portion of your Rewards that were applied to those weeks will not return to your Rewards balance.