FUNDBOX

Fundbox
Most small businesses today seem to have a trend of failing because of one main reason, lack of working capital to stay in the game. A lot of these businesses customers don’t pay the small businesses on time which slows down their power to move forward. The name of the game is making money and creating a lane for revenue. This is where Fundbox comes in to play, a web-based site for funding small businesses. Their goal is to try an eliminate cash flow issues for these start-up businesses. These small businesses can borrow money from FundBox in the amount need to cover unpaid invoices from a customer and pay it back monthly with a interest charge of between 1% to 3%. FundBox has been valued at $3 Billion to date by Credit Karma. The founder of FundBox is Eyal Shinar which has secured another $50 million for funding small businesses.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s