Invoice Financing by Fundbox lets you access cash on eligible invoices before they’re paid in full. You select the invoices you want to finance, choose a term, and receive funds as soon as the next business day. The discount fee is debited the next business day, and then the full invoice amount is debited using ACH at the end of your chosen term.

Fundbox is an embedded financing platform for small businesses and is the provider of invoice financing on the Coupa Supplier Portal. Coupa expects to add additional providers over time. You can learn more about Fundbox at fundbox.com.

Coupa acts solely as a technology platform facilitator providing the Coupa Supplier Portal (CSP). Coupa has no responsibility or liability for Fundbox's financing or credit decisions, financing arrangements between you and Fundbox, or any actual or potential disputes or disagreements between you and Fundbox. If you choose to obtain invoice financing from Fundbox, all financing obligations are solely between you and Fundbox, and Coupa assumes no financial, legal, or other responsibility for such arrangements.

Invoice Financing by Fundbox is currently available to US-based suppliers transacting in USD on the Coupa Supplier Portal.

No. It’s an optional resource for your business. Submitting an application is voluntary, and Fundbox makes the final decision on whether to approve your application.

Applying for Invoice Financing by Fundbox does not impact your personal credit score.

Go to the Working Capital Solutions page in your Coupa Supplier Portal and follow the application flow. You’ll authorize Coupa to share invoice data with Fundbox, and complete a short Fundbox application. Fundbox uses both your application and the shared data to make a credit decision.

The application should be completed by someone with the authority to enter into financial agreements on behalf of your business. That person becomes the registered Fundbox user for your business and is the only person who can submit invoices for financing.

Ask your CSP administrator to add you as a user, then return to the Working Capital page in CSP and apply.

You’ll see the discount fee rate and amount, the amount you’ll receive, and your due date before you confirm financing on any invoice. The discount fee rate is the cost of the financing.

There will be two debits per financed invoice: one for the discount fee, and one for the invoice amount. Weekly or monthly payments are not required.

The discount fee will be debited approximately one business day after you request funds. At the end of your chosen term, the full invoice amount is debited using ACH from the bank account you have on file with Fundbox.

If there are not enough funds in your account to cover your payment when it comes due, your bank account details are not up-to-date, or for any other reason the debit is not successful, you will miss that payment, which will result in an overdue balance. If you have an overdue balance, your ability to make additional draws will be suspended by Fundbox.

If you miss a payment, Fundbox will attempt additional debits to collect the outstanding balance. A $6 NSF fee will be charged each time a debit is returned due to non-sufficient funds. After three returned debits, Fundbox will stop automatic collection attempts.

A late fee will be assessed only if your balance remains unpaid after a 7-day grace period and at least two debit attempts have been unsuccessful. If assessed, the late fee is 0.375% of your outstanding balance per week, capped at 4.5% total (12 weeks). Fees are calculated on outstanding principal only and do not compound.