The specs
FundboxCredibly
Product typeLOCMulti-product
Amount range$1K – $150K$5K – $600K
Cost (factor / APR)Weekly fee + APR equivalent typically 30–60%Factor 1.11+ (MCA); APR varies (term)
Speed to fundAs fast as 1 dayAs fast as 4 hours
Min time in business6 months6 months
Min monthly revenue$8,000$15,000
Min credit score600+550+
Products
- Line of credit
- MCA
- Working capital LOC
- Short-term term loan
Verdicts by use case
- Lower cost for qualifying merchants — Winner: Tie. Both have variable pricing. Fundbox LOC weekly fees can equate to ~30-60% APR. Credibly MCA factor 1.11+ for A-paper. Depends on profile and term.
- Multi-product flexibility — Winner: Credibly. Credibly: MCA + LOC + term loan. Fundbox: LOC only (since 2021 product simplification).
- Lower revenue businesses — Winner: Fundbox. Fundbox $8K/mo vs Credibly $15K/mo.
- Bad credit (sub-600) — Winner: Credibly. Credibly 550+ vs Fundbox 600+. Sub-600 is Credibly-only.
- Building business credit — Winner: Fundbox. Fundbox reports to business credit bureaus. Credibly MCAs typically don't.
The honest takeaway
Fundbox and Credibly solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.
Frequently asked questions
- I have 580 credit — which?
- Credibly. Fundbox requires 600+. Credibly accepts 550+.
- I do $9K/mo revenue — which?
- Fundbox. Their $8K floor accepts. Credibly's $15K floor declines.
- Which is faster?
- Both 1-3 days. Fundbox LOC after initial setup allows instant redraws; Credibly is lump-sum per deal.