PayPal Working Capital offers quick small business working capital loans to borrowers with at least $15,000 in annual PayPal sales. PayPal Capital charges an upfront fee of up to 10%; you make payments through daily deductions of PayPal sales and it bases your repayment term on a percentage of your PayPal earnings.
PayPal Working Capital vs Alternatives
How to Apply
Businesses receiving payments through PayPal needing up to $250,000.
Businesses needing up to $100,000 with a low credit requirement.
Businesses needing a loan up to $500,000 with one-year terms.
Businesses needing flexible terms on a credit line up to $250,000.
Prime-credit (700 or higher) borrowers needing SBA loans up to $350,000.
Businesses needing lines of credit up to $250,000 with monthly payments.
Poor-credit borrowers accepting credit cards needing up to $250,000.
How PayPal Working Capital Works
PayPal Working Capital offers merchant financing. PayPal Working Capital loan is similar to a merchant cash advance because both charge a one-time fee known as a “factor rate.” You make automatic daily payments based on a percentage of revenue until you repay the principal and factor rate. While an MCA bases its repayment on credit card sales, PayPal Working Capital bases it on PayPal sales.
Since borrowers repay PayPal Working Capital loans via a percentage of daily PayPal sales, the term is often variable. The specific length of the PayPal capital loan depends on the size of the factor rate, known as the “fee,” and the daily payback percentage. The larger the payback percentage and the lower the fee, the faster the PayPal Working Capital loan is repaid.
For example, if you borrow $10,000 based on your historical PayPal earnings, the fee you’re charged might equal 25%. This means you’ll repay 1.25x the amount you borrowed, which equals $12,500. Each day, PayPal Capital deducts a percentage of your choosing (as low as 10% per 90 days) from your daily PayPal sales until you repay the entire $12,500.
Is PayPal Working Capital right for you? Take our quiz. This two-minute quiz will show you which financing options may be best for you.
Who PayPal Working Capital Is Right For
PayPal Working Capital is right for small businesses accepting payments through PayPal as their primary source of revenue. It offers fast business loans with easy applications. Business owners might choose PayPal Working Capital over another financing option if they don’t want a hard credit check on their personal credit, want variable repayment terms, or if they need a fast business loan.
PayPal capital issues loan amounts based on a percentage of PayPal revenue and repayment terms via daily deductions of PayPal earnings. Qualifications for PayPal Working Capital loans do not depend on a business owner’s personal credit history but on available PayPal data. Also, PayPal even offers business loans through its acquisition of Swift Capital.
PayPal Working Capital Rates & Fees
The rates and fees you can expect to pay with PayPal Working Capital include:
- Fee (factor rate): Up to 1.3 times the loan amount
PayPal Working Capital charges a one-time fee similar to a factor rate. The fee is typically less than 20% of the amount borrowed. PayPal Capital uses the principal times the fee to calculate the lump sum that the business repays.
PayPal Working Capital Loan Terms
The loan terms you can expect from PayPal Working Capital include:
- Loan amount: $1,000 to $250,000 (capped at 35% of annual PayPal sales and $125,000 for your combined first two loans)
- Repayment schedule (percentage): Payments are automatically deducted from every sale starting 72 hours after you receive the loan. At least 5% is due every 90 days and at least 10% is due every 90 days for terms longer than 12 months
- Repayment term: Up to 18 months
- Time to funding: Minutes to apply with funding as soon as the same or next day
You can borrow up to 35% of your annual PayPal sales. PayPal Capital caps the first two loan amounts at $125,000 in total and lends up to $250,000 after two loans. For example, if you have $40,000 in annual sales, you can borrow $14,000 in PayPal Working Capital loans. This is a lower funding limit compared to top alternative lenders like Kabbage or OnDeck.
Once you borrow the funds, you’ll make automatic daily repayments based on a percentage of your PayPal earnings, known as the repayment percentage. PayPal capital lets you choose the size of your repayment percentage. However, a lower repayment percentage results in a higher fee and vice versa.
PayPal Working Capital Qualifications
The qualifications PayPal Working Capital will use to evaluate you as a borrower include:
- Credit score: Checked but no stated minimum
- Time in business: At least three months
- Annual revenue: At least $20,000 annually for premier accounts and $15,000 annually for business accounts
What PayPal Working Capital Is Missing
PayPal Working Capital is a great option for businesses earning PayPal revenue as its primary source of sales. For businesses where this is not the case, there are valid alternatives to PayPal Working Capital we discuss below. Plus, another option other than those we’ll review is Square Capital. Some small business owners that are declined by PayPal can take steps to improve their application.
PayPal Working Capital Reviews
We compiled PayPal Capital reviews from our own website and around the web. We determined that PayPal Capital reviews are a mix of positive and negative ratings. Those who provided positive PayPal Capital reviews were impressed with its relatively lenient loan requirements. Those who provided critical PayPal Capital reviews were concerned that the loan terms were not clear.
How to Apply with PayPal Working Capital
You can apply with PayPal Working Capital online. Since it bases your loan on your PayPal sales, there is no credit check required. This means applying doesn’t affect your credit score and there’s no time-consuming check of your financial history. It takes minutes to apply, with funding as soon as the same business day.
Fundbox: Best Overall Alternative to PayPal Working Capital
Fundbox is an alternative lender that offers small business loans based on business revenue. The financing offered by Fundbox is the best alternative to PayPal because it’s available to most companies due to its low minimum requirements. Fundbox also offers an early repayment discount to small business owners.
Who Fundbox Is Right For
Fundbox lines of credit are good PayPal Capital alternatives for business owners that:
- Want a loan with a short term
- Need between $1,000 and $100,000
- Have poor credit
Both PayPal Working Capital and Fundbox’s line of credit are unsecured business loans. With a PayPal capital loan, the asset is a company’s historical PayPal earnings while Fundbox looks at a company’s overall cash flow and receivables.
Fundbox Rates & Fees
Fundbox offers borrowers a line of credit with a starting weekly rate of 0.5% or 0.7% for 12 or 24 weeks, respectively. It only charges you while the draw is outstanding so early repayment will lower your costs. Fundbox provided us with an APR range from 10% to 79%, so for every $10,000 you borrow, the daily interest cost will be between $2.74 and $21.64.
Fundbox Loan Terms
Fundbox offers less maximum funding than PayPal Working Capital, at $100,000, however, your line of credit is revolving so you can borrow from it repeatedly without reapplying. You also must work with shorter repayment terms of 12 or 24 weeks, however, Fundbox does not deduct payments automatically from your earnings like PayPal Working Capital giving you additional flexibility.
There is a 500 minimum credit score requirement for Fundbox and you will need to be in business for at least three months to qualify. Also, unlike PayPal Working Capital, Fundbox will do a soft credit check when you apply and a hard credit check when you accept the funds. Your business should also generate at least $50,000 per year and it’s best if revenue is growing.
What Fundbox Is Missing
Although Fundbox is the best overall alternative to PayPal Capital due to its low minimum qualifications, it has a line of credit limit of $100,000. This might be plenty of capacity for many small businesses, but if your business needs a larger line of credit consider working with BlueVine which offers up to $250,000. If you need a term loan for a large project, then LoanBuilder is the best alternative with funding up to $500,000.
We considered Fundbox reviews from our site and users from around the web. We determined it generally has positive ratings. Positive Fundbox reviews came from users who said the company’s helpful customer service team made the process easy. Critical Fundbox reviews came from users who wished they could change the repayment terms to longer periods.
How to Apply with Fundbox
Business owners can submit a Fundbox application online by submitting some basic personal and business information. Fundbox integrates with multiple accounting software providers and banks to verify revenue and can provide a funding decision within three minutes.
LoanBuilder: Alternative Term Loan up to $500,000
LoanBuilder is great for businesses needing a larger term loan up to $500,000 with repayment terms from 13 to 52 weeks. Most of the others, including PayPal Working Capital, offer much smaller facilities or loans. Rates for a LoanBuilder loan start as low as 2.9% and it can get your business funded in one business day.
Who LoanBuilder Is Right For
LoanBuilder lines of credit are good PayPal Capital alternatives for business owners that:
- Need up to $500,000 in financing for a major project
- Prefer flexible weekly repayments over 13 to 52 weeks
- Need loan amounts greater than the first $250,000 PayPal Capital loan
Like PayPal Capital, LoanBuilder provides funding in one lump sum for its term loan. You can get funding up to $500,000 with flexible repayment terms from 13 to 52 weeks. When applying for a loan, LoanBuilder will give you the option to select your loan term and you will receive a corresponding interest rate.
LoanBuilder Rates & Fees
LoanBuilder has higher overall rates than our top PayPal Working Capital alternative, Fundbox. The most recently published interest rates ranged from 2.9% to 18.72% which results in an APR of 12% to 136%. We calculated this APR based on various loan scenarios possible with LoanBuilder and produced a daily interest cost of $3.29 to $37.26 for every $10,000 you borrow.
With LoanBuilder there are no other fees to account for when you are borrowing. However, the interest on your loan will be due, regardless of if you repay the loan early. This means that unlike Fundbox, paying back the loan ahead of time won’t save you money, making it critical to select the loan term you need when applying for a loan.
LoanBuilder Loan Terms
With LoanBuilder you can borrow up to $500,000 which is higher than the amount offered by PayPal Working Capital and by Fundbox. However, this is a term loan, so there is no revolving feature and if you need additional funding, you will need to reapply. You’ll select the repayment terms that fit your needs and receive a corresponding interest rate and weekly payment amount.
LoanBuilder has a minimum credit score requirement of at least 550, which is higher than both Fundbox and PayPal Working Capital. It also requires that you be in business for at least nine months, which is longer than Fundbox, our top PayPal Working Capital alternative. LoanBuilder also has a minimum annual gross business revenue requirement of at least $42,000.
Besides the above factors, your business must not have filed for bankruptcy, needs to be located in the 50 United States, and have an active business record with your local Secretary of State.
What LoanBuilder Is Missing
LoanBuilder offers the largest term loan limit on our list and has relatively low minimum requirements. However, the maximum term for a loan is only 52 weeks, which may be insufficient time for larger projects. For longer repayment terms consider instead applying with SmartBiz, which offers SBA loans with repayment terms as long as 10 years.
We compiled LoanBuilder reviews from around the web. We determined LoanBuilder generally has positive ratings. Customers who provided positive LoanBuilder reviews said its process was quick and efficient. Customers who provided negative LoanBuilder reviews said its pricing was too expensive.
How to Apply with LoanBuilder
LoanBuilder applicants can submit some basic information and connect to a business bank account or PayPal account to verify revenue. Business owners can select on of several repayment terms and receive a corresponding rate and loan amount the same day.
BlueVine: Best Flexible Repayment on a Line of Credit
BlueVine is best for businesses needing the flexibility of weekly or monthly payments on a business line of credit with terms of six months or a year. You can get up to $250,000 in funding with low starting rates of 4.8% on a 26-week term. Another benefit with BlueVine is that you can also qualify for invoice factoring or a term loan besides its line of credit.
Who BlueVine Is Right For
BlueVine lines of credit are good PayPal Capital alternatives for business owners that:
- Want to have access to multiple financing products with one lender
- Need access to capital but don’t know how much they need
- Want flexible repayment terms and schedules
- Need loan amounts greater than the first $125,000 PayPal capital loan
BlueVine’s line of credit and term loan options differ from PayPal Working Capital. BlueVine’s line of credit gives businesses access to capital instead of a lump sum cash payment. Once you’ve paid back the amount you borrowed, you can borrow it again (less any fees and interest charges). The term loan works more like a traditional loan, with a set advance to the borrower all at once.
BlueVine’s invoice factoring option is like accounts receivable financing. The value of the lump sum amount depends on the value of a company’s outstanding invoices. However, while AR financing is a loan backed by collateral, AR factoring purchases your outstanding invoices for a discount. The factoring company will then collect money from your customers.
For example, if you have $100,000 in outstanding invoices, you can receive an advance rate between 85% and 90% of the value. This means you can receive as much as $90,000. BlueVine will then collect the cash from your customers. Once collected, BlueVine will send you the remaining funds minus a discount rate of around 0.25% to 1.35% per week.
BlueVine Rates & Fees
BlueVine offers a line of credit with rates charged on a weekly basis, starting at 4.8% in simple interest for a 26-week term. BlueVine provided us with an APR range for its line of credit product which ranges from 15% to 78%. This competes with other PayPal Capital alternatives and results in a daily interest cost of $4.11 and $21.37 for every $10,000 you draw.
BlueVine Line of Credit Terms
With a BlueVine line of credit, your business can qualify for up to $250,000 in funding, similar to Kabbage. You can also qualify for weekly or monthly payments and receive repayment terms of six or 12 months, respectively. You can apply in a few minutes, with same day approval and funding as soon as the next business day.
BlueVine Line of Credit Qualifications
The minimum credit score requirement for a BlueVine line of credit is among the highest on our list at 600. The only lender we evaluated as an alternative to PayPal Capital with a higher requirement is SmartBiz. You also must meet an annual revenue requirement of at least $100,000 and be in business for at least six months.
To qualify for monthly payments and terms up to one year, the minimum requirements are higher. You’ll need a personal credit score of at least 650 and annual revenue that’s five times as high, at $500,000 which is the highest requirement we evaluated. Unlike Kabbage, BlueVine doesn’t offer monthly payments to every borrower.
Additional Financing Products Offered by BlueVine
One of the largest benefits to working with BlueVine is the range of financing products your business can qualify for. Besides its line of credit, you can also qualify for invoice factoring and a brand new term loan product. With invoice factoring, you can receive funding based on outstanding B2B or B2G invoices for up to $5 million, which is the highest limit we evaluated.
The rates, terms, and qualifications for invoice factoring with BlueVine are:
- Discount rate: 0.25% to 1.35% per week
- Estimated APR: 13% to 70%
- Loan amount: $5,000 to $5 million per month
- Advance rate: 85% to 90% on invoices with face values of $500 or higher to B2B or B2G customers
- Repayment term & schedule: Advances are repaid as customers pay their invoices
- Credit score: At least 530
- Time in business: At least three months
- Annual revenue: At least $100,000
- Time to funding: 10 minutes to complete the online application and approval in hours; initial funding as soon as the next business day
The rates terms and qualifications for a term loan with BlueVine are:
- Interest rate: 4.8% to 47.1% simple interest
- Estimated APR: 18.2% to 78%
- Loan amount: $5,000 to $250,000
- Repayment term & schedule: Six or 12 months with weekly payments
- Credit score: At least 600
- Time in business: At least six months
- Annual revenue: At least $100,000
- Time to funding: 10 minutes to complete the online application and approval in hours; initial funding as soon as the next business day
The term loan you can receive from BlueVine also offers up to $250,000 like its line of credit. However, BlueVine has indicated that you can potentially receive higher limits on its term loan than its line of credit. You must meet similar minimum qualifications, and like all BlueVine products, you can apply online and get funding as soon as the next business day.
What BlueVine Is Missing
BlueVine offers three great funding options, the most of any lender we evaluated. However, you need at least a 600 credit score to qualify for its line of credit and 530 or higher to qualify for invoice factoring. Some other providers offer lower qualifications like Fundbox and National Funding, which may be better options if your credit score is preventing funding.
We considered BlueVine reviews by users from around the web. We determined it generally has positive ratings. Positive BlueVine reviews came from customers who it impressed with its helpful customer support team. Critical BlueVine reviews came from businesses unhappy about being denied financing.
How to Apply with BlueVine
Business owners can submit a BlueVine application by providing some personal and business information in addition to a connection to a business bank account. BlueVine considers applicants for multiple loan products and can present offers to qualifying applicants the same day.
SmartBiz: Best PayPal Capital Alternative for Prime Borrowers
SmartBiz loans are best for prime borrowers (700 or higher credit score) who can benefit from the lowest interest rates. SmartBiz offers an accelerated funding speed with traditional SBA loans up to $350,000, which takes about 30 days, compared to the three months it would usually take to get funded. It also has the lowest rates available of 7.5% to 11% and repayment terms up to 10 years.
Who SmartBiz Is Right For
SmartBiz term loans are a good PayPal Capital alternative for business owners that:
- Have strong personal credit (700 or higher credit score)
- Don’t mind using their personal credit history
- Need long repayment terms up to 10 years
- Are willing to wait up to 30 days for funding
- Have been in business for at least two years
SmartBiz term loans are like standard small business loans with fixed amortized payments, unlike PayPal Working Capital. However, SmartBiz offers the longest repayment terms up to 10 years, making it a great financing solution for large projects. With a SmartBiz term loan, you can also get low overall rates of 7.5% to 11%, the lowest that we evaluated.
The largest difference between SmartBiz and the other loans on this list is the longer time required to get funding. Because of the increased requirements for approval and the volume of paperwork an SBA loan from SmartBiz can take up to 30 days to get approved. However, this is short compared to a traditional SBA loan which can take up to 90 days.
SmartBiz Rates & Fees
The rates for a SmartBiz loan are among the lowest we evaluated. This is because the rates for SBA loans are set by the Small Business Administration with resulting boundaries between 7.5% and 11%. This means that for every $10,000 you borrow you will pay a daily interest cost of $2.05 to $3.00, making it affordable. You’ll also be responsible for an origination fee between 2% and 4%, which has a negligible impact on the APR because of long potential repayment terms.
SmartBiz Loan Terms
With SmartBiz you must qualify for at least $30,000 in funding but can receive as much as $350,000. The repayment terms are the longest we evaluated among PayPal Capital alternatives extending up to 10 years with monthly payments, making this a great financing solution for large long-term projects. However, funding can take up to 30 days following a 30-minute application, which means this loan is a good fit if you don’t need financing right away.
Qualifying for a loan with SmartBiz is more difficult than with other providers, except for its annual revenue requirement. You’ll need a personal credit score of at least 650 with two or more years of business history, which it requires when submitting business financial statements and tax returns. However, your business can be of any size, as long as it meets the SBA small business size requirements.
Businesses that have fewer than 150 employees and less than $750,000 in annual revenue can usually meet these qualifications. However, the exact limits for your industry will vary, sometimes extending to $38.5 million or more in annual revenue.
What SmartBiz Is Missing
SmartBiz offers the lowest rates and longest repayment terms we evaluated, however, it has a high minimum credit score and time in business requirement. For higher borrowing limits with lower minimum qualifications consider applying with LoanBuilder instead. LoanBuilder also offers funding the next business day, if you can’t wait for 30 days with SmartBiz.
We compiled SmartBiz reviews from our own website and from around the web. We determined it generally has positive ratings. Users were happy with the low rates and long terms offered by SmartBiz. The few negative reviews we found came from users who were unhappy to be denied financing when they applied.
How to Apply with SmartBiz
SmartBiz requires an initial application to verify if a business qualifies for SBA funding. Its representatives will then request and help business owners prepare multiple financial statements and other paperwork that the SBA requires for submission. The entire process from an initial application to funding can take up to 30 days.
Kabbage: Best for Businesses Needing Monthly Payments
Kabbage is best for businesses needing a line of credit up to $250,000 with monthly payments. Businesses receive a credit limit they can draw on as needed. You only have to pay interest on what you use and the credit line is revolving. Payments are monthly and Kabbage charges a flat fee, starting at 1.5% each month until you repay the borrowed amount.
Who Kabbage Is Right For
A Kabbage line of credit is a good PayPal Capital alternatives for business owners that:
- Are not sure how much they need to borrow
- Need access to capital but don’t need to borrow money yet
- Need multiple loans of smaller amounts
- Want to borrow money with fixed monthly payments
- Need loan amounts greater than a $125,000 PayPal Working Capital loan
Kabbage loans differ from a PayPal loan in that PayPal Working Capital offers a lump sum loan that’s repaid via automatic deductions of daily PayPal earnings. A PayPal Capital loan is not revolving, meaning it won’t replenish as you repay it. Instead, you must repay the full amount of principal times the factor rate before you can borrow more.
By comparison, Kabbage lets you draw on your credit as many times as you need. It considers each draw its own loan and has repayment terms of six to 12 months. Let’s say you have a $100,000 Kabbage credit line and draw $10,000 initially. You repay the $10,000 with payments of principal plus a flat monthly fee over either six, 12, or 18 months. If you draw an additional $10,000 next month, this $10,000 becomes its own loan with its own repayment terms.
In addition to its differences with PayPal Working Capital, Kabbage also has lower minimum qualifications as compared to competing lenders. Further, Kabbage allows you to draw smaller amounts than Fundbox and charges a low fixed monthly fee instead of interest.
Kabbage Rates & Fees
Kabbage offers a monthly rate that ranges from 1.5% to 10% per month while the loan is outstanding. Like Fundbox, you can repay the loan early and save money on interest. We calculated an APR for Kabbage to be between 24% and 99% with a corresponding daily interest cost of $6.58 and $27.12 for every $10,000 you draw.
Kabbage Loan Terms
Kabbage offers larger loans up to $250,000 than Fundbox and PayPal Working Capital. The loans are also revolving, which means you can borrow funds repeatedly after paying down your initial draw, similar to Fundbox. Unlike most of the other online business loans we reviewed, with Kabbage you make monthly payments on your draws, and terms can extend for six, 12, or 18 months.
Kabbage has similar minimum qualifications to some other providers we reviewed like LoanBuilder. You’ll need a minimum personal credit score of at least 550 with at least $50,000 in annual revenue. Sometimes, if your monthly revenue was at least $4,200 per month and trending upward for the last three months you can also get funding.
What Kabbage Is Missing
Kabbage offers borrowers the longest repayment terms on a line of credit we evaluated, up to 18 months. However, it only offers funding up to $250,000. If you need a larger loan amount, consider applying with SmartBiz which offers long repayment terms for up to $350,000. You can also work with LoanBuilder which offers term loans up to $500,000 with next day funding.
We compiled Kabbage reviews from around the web and our own site. We determined that Kabbage has mostly positive ratings. Users who gave positive Kabbage reviews said its customer service provided clear explanations. Although some Kabbage reviews complained about high-interest rates and short repayment terms, it discloses the rates and terms up front.
How to Apply with Kabbage
Kabbage offers small business owners an online and mobile app application for funding. It requires personal and business information to verify identity and provides small business owners with a funding decision after verifying revenue with business bank accounts or a direct connection to a business bank account.
National Funding: Alternative for Businesses with Poor Credit
National Funding’s merchant cash advance (MCA) working capital loan is a good solution for businesses with poor credit that accept credit cards. Before turning to an MCA, borrowers should have exhausted their other options, as it’s an expensive funding source. With National Funding, you can receive advances up to $250,000 with no minimum credit score requirements.
Who National Funding Is Right For
A National Funding MCA is a good PayPal Capital alternatives for business owners that:
- Have a poor credit score and have been denied credit elsewhere
- Are frequently paid by credit cards
- Are comfortable with payments based on a percentage of their credit card receipts
A PayPal Working Capital loan works similar to National Funding’s merchant cash advance, in that they are both repaid based on a set percentage of sales. PayPal Working Capital bases this repayment percentage on your PayPal sales, whereas National Funding bases its repayment percentage for the merchant cash advance on your credit card sales.
National Funding Rates & Fees
National Funding charges a factor rate for its merchant cash advance, which you can calculate by multiplying the loan amount by your factor rate to determine the total repayment amount. Based on our estimates and understanding of the merchant cash advance industry we expect the APR to range from 30% to 150% which is the highest APR on this list. This APR results in $8.22 to $41.10 in daily interest for every $10,000 your business borrows.
National Funding Loan Terms
National Funding offers up to $250,000 in funding based on the credit card sales that your business processes. Unlike other options on this list, it deducts payments from your daily credit card settlement, making this the option most similar to PayPal Working Capital. You can get funding quickly, with approval as soon as the same day and money in your account the next business day.
National Funding Qualifications
National Funding has low minimum qualifications compared to other PayPal Working Capital alternatives. You must be in business for at least a year, however, your minimum credit card sales only need to exceed $3,000 per month to qualify.
What National Funding Is Missing
National Funding provides borrowers that have been turned down elsewhere an opportunity to qualify for funding. However, a merchant cash advance can be an expensive option. If you haven’t applied with Fundbox yet, consider trying. It offers similar low minimum qualifications and has no minimum credit score, but it only provides funding up to $100,000.
National Funding Reviews
We compiled National Funding reviews from around the web. We determined that National Funding has a mix of positive and negative ratings. Customers who gave positive National Funding reviews said the application process was quick and easy. Customers who gave negative National Funding reviews complained about the interest rates and hidden charges.
How to Apply with National Funding
Since merchant cash advances come at a high cost and can create a potential cash flow strain, we only recommend them if you have explored other options first. The application process requires recent credit card receivables statements for approval.
PayPal Working Capital provides working capital loans based on the value of your PayPal earnings. This is a great option for businesses that use PayPal as the primary way of collecting revenue. However, there are other working capital alternatives that work for businesses, which include term loans, lines of credit, invoice factoring, and other types of financing.
You can apply with Fundbox through its online application in less than 10 minutes and receive up to $100,000. Once you’ve connected Fundbox to your business bank account or accounting software, it can approve you the same day and funded within 24 hours.