We offer two services, a revolving line of credit and net terms on business purchases. This article applies to the net terms service.
Invite your vendors to register through our website
To invite your vendors to Fundbox so that you can get free net terms on business purchases, you can send them the link to our website: https://fundbox.com/merchant/. There, they’ll be able to fill out a Contact Us form to speak with a representative about our services and how to sign up. Once they are registered to offer terms, you can use your Fundbox limit to get net terms on business purchases from them.
Invite your vendors when you send them a payment
Some accounts have a "Send funds to vendor" link at the top of the dashboard. If you see this link, you can click on it to send a payment from your Fundbox account, to your vendor.
Once you click on the link, you’ll be able to enter the email address of the vendor you’d like to send funds to.
If you enter a vendor who is not currently on Fundbox, we will send them an email letting them know how to sign up and if approved, accept the funds.