I'm at 9 months TIB — can I get OnDeck?

Almost certainly not. OnDeck's 12-month TIB floor is hard. Fundbox's 6-month floor accepts you. Revisit OnDeck in 3 months once you cross the 12-month line.

Which is cheaper for a $50K draw?

Depends on how fast you repay. Fundbox's weekly fee compounds the effective cost the longer you hold. OnDeck's fixed term loan amortizes predictably. For 12+ month payback windows, OnDeck term loan usually wins on total cost.

Can I use Fundbox to bridge to an OnDeck loan later?

Yes, and many merchants do exactly this. Fundbox reports to business credit bureaus and helps you build the trade-line history OnDeck wants to see. Use Fundbox for 6 – 12 months, build credit, then apply at OnDeck for a larger term loan.

Fundbox vs OnDeck — honest comparison 2026

Both fund small businesses. They solve different problems. Here's the honest side-by-side, then five use-case verdicts so you don't have to guess.

The specs

FundboxOnDeck

Product typeLOCMulti-product

Amount range$1K – $150K$5K – $400K (term); $6K – $200K (LOC)

Cost (factor / APR)Weekly fee + APR equivalent typically 30–60%Term APR 27%+; LOC APR 30%+

Speed to fundAs fast as 1 daySame-day for approved files

Min time in business6 months12 months

Min monthly revenue$8,000$8,000

Min credit score600+600+

Products

Line of credit

Term loan
LOC

Verdicts by use case

Lower revenue and TIB qualification — Winner: Fundbox. Fundbox accepts $8K/mo and 6+ months TIB. OnDeck wants $8K/mo but requires 12+ months TIB. Sub-12-month merchants are Fundbox-only.
Larger deal sizes ($200K+) — Winner: OnDeck. OnDeck term loans go to $400K. Fundbox caps at $150K LOC. For sizable working capital needs, OnDeck wins outright.
Revolving capital need — Winner: Fundbox. Fundbox is purpose-built as a draw-and-repay LOC. OnDeck offers an LOC but its term loan is the headline product — better for one lump deployment.
Cheapest cost of capital if you qualify — Winner: OnDeck. OnDeck term loan APR (27%+) often lands cheaper than Fundbox's weekly-fee structure (30 – 60% APR-equivalent) on the same dollar amount over comparable terms.
Same-day funding need — Winner: OnDeck. OnDeck same-day funding on approved files is the fastest in this pair. Fundbox typically takes 1 business day for first draw; subsequent draws are faster once the line is set up.

The honest takeaway

Fundbox and OnDeck 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'm at 9 months TIB — can I get OnDeck?: Almost certainly not. OnDeck's 12-month TIB floor is hard. Fundbox's 6-month floor accepts you. Revisit OnDeck in 3 months once you cross the 12-month line.
Which is cheaper for a $50K draw?: Depends on how fast you repay. Fundbox's weekly fee compounds the effective cost the longer you hold. OnDeck's fixed term loan amortizes predictably. For 12+ month payback windows, OnDeck term loan usually wins on total cost.
Can I use Fundbox to bridge to an OnDeck loan later?: Yes, and many merchants do exactly this. Fundbox reports to business credit bureaus and helps you build the trade-line history OnDeck wants to see. Use Fundbox for 6 – 12 months, build credit, then apply at OnDeck for a larger term loan.