What Greenbox Capital does

Greenbox Capital is a Miami, Florida-based private fintech lender founded circa 2013 that originates alternative working-capital products for small and mid-sized businesses across the United States, Puerto Rico, and Canada. The product portfolio encompasses merchant cash advances, short-term small business loans, equipment financing, business lines of credit up to $500,000, collateral-backed loans, and invoice factoring, with stated ticket sizes ranging from $3,000 to $500,000. The company positions itself on speed — application decisions in 2–5 hours and funded disbursement in roughly 24 hours — and on accessibility for borrowers whose personal credit (US FICO 500+) or limited operating history would disqualify them from traditional bank financing.

The company's underwriting relies on an alternative credit framework that evaluates business revenue, cash flow, vendor payment history, years in business, and public records rather than personal credit scores alone. Operational and underwriting workflows are managed through a proprietary in-house platform known as 'The Box.' Processing is supported by an online self-serve application portal, an inside-sales team of Funding Advisors who contact applicants within one business hour, and an ISO/broker partner program that lets independent sales organizations submit deals for commission. Distribution is reinforced by 20+ industry-specific landing pages (attorneys, restaurants, construction, retail, dental, medical) plus demographic-targeted pages for women-owned, minority-owned, veteran-owned, and low-credit borrowers, alongside a Spanish-language site and a separate Canadian site.

Greenbox generates revenue almost entirely through transaction-based fees. Pricing is structured around factor rates typically between 1.1 and 1.5 on the principal funded, layered with origination fees of $349 or 4% of the funded amount and a $75 disbursement fee for US entities; invoice factoring historically charged 1–5% per 30 days. The 2021 acquisition of Level Up Funding was explicitly tied to accelerating the rollout of the business line of credit, expanding into international markets, and upgrading 'The Box.' Two products (collateral loans and invoice factoring) are presently paused, suggesting active portfolio rationalization toward the higher-margin, recurring LOC and MCA core. The company claims to have funded over 100,000 businesses since inception; revenue, profitability, and ownership structure are not publicly disclosed.

Name

Greenbox Capital

Legal name

Greenbox Capital

Website

https://greenboxcapital.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

51–100 employees

Short description

Greenbox Capital is a Miami-based private fintech lender originating alternative small business funding — merchant cash advances, small business loans, equipment financing, lines of credit, and invoice factoring — to underserved SMBs across the United States, Puerto Rico, and Canada, with tickets from $3,000 to $500,000 and decisions typically within 24 hours.

Ownership category

akta.pro rank

Product category

Alternative Small Business Lending

NAICS

Sales Financing (52222)

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Merchant Cash Advance (MCA) & Revenue-Based Financing (FSAKAGAD)

akta.pro secondary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Merchant cash advances
• Small business loans
• Alternative business lending
• Invoice factoring
• Equipment financing

Headquarters

HQ city

Miami

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Merchant Cash Advances: Provides lump sum capital in exchange for a percentage of future credit card sales. Repayment is based on daily or weekly credit card sales with no fixed term. Factor rates typically range between 1.1 and 1.5. Funding amounts from $3,000 to $500,000 with typical terms of 3-18 months.
2. Small Business Loans: Short-term alternative business loans ranging from $3,000 to $500,000, typically $20,000 to $60,000. Uses factor rates instead of traditional interest rates. Repayment through automatic deductions from credit/debit card sales. No restrictions on fund usage.
3. Collateral Business Loans: Secured loans using commercial real estate as collateral, offering lower rates than unsecured options. Loans from $50,000 to $250,000. Note: Currently temporarily paused. Factor rates typically 1.1-1.5.
4. Business Line of Credit: Revolving credit facility up to $500,000. Borrowers draw as needed and only pay interest on amounts drawn. No fixed term obligation. Flexibility to draw and repay multiple times.
5. Invoice Factoring: Accounts receivable financing where the company purchases outstanding invoices at a discounted price (typically 70-90% advance) and advances cash. Fees typically 1-5% of invoice value per 30 days. Up to $100,000 per common ownership. Note: Currently temporarily suspended.
6. Equipment Financing: Small business loans specifically designed for acquiring equipment. Funds can be used for office equipment, commercial equipment, construction equipment, medical equipment, restaurant appliances, and more. Flexible terms tailored to business cash flow.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels6 records

Core offering

Greenbox Capital provides alternative small business funding through merchant cash advances, small business loans, business lines of credit, invoice factoring, equipment financing, and collateral loans. Funding amounts range from $3,000 to $500,000, with approval times as fast as 24 hours, serving small and mid-sized businesses that need working capital and that may be underserved by traditional banks.

Product overview

Greenbox Capital operates as a fintech company providing alternative small business funding through a unified platform approach. The core product portfolio includes Merchant Cash Advances, Small Business Loans, Equipment Financing, Collateral Loans, Business Lines of Credit, and Invoice Factoring. These products are supported by the company's proprietary software platform 'The Box'. The company serves small and mid-sized businesses across the United States, Puerto Rico, and Canada, with funding ranging from $3,000 to $500,000 and approval times as fast as 24 hours. The company targets businesses that may not qualify for traditional bank financing, focusing on overall business health rather than credit scores alone.

Differentiator

Problem solved

Functional benefit

Products and services

• Merchant Cash Advances
• Small Business Loans
• Business Line of Credit
• Invoice Factoring
• Equipment Financing
• Collateral Loans

Quantifiable outcome

• Over 100,000 businesses funded since inception
• +3 more outcomes

Named customers8 records

Segments11 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Level Up FundingcoreStrategic or Co-development Partner · 29 July 2021Greenbox Capital acquired Level Up Funding in July 2021 to enhance growth and expand product offerings. The acquisition aimed to accelerate rollout of a new line of credit, expand into international markets, and improve proprietary software 'The Box'. This strategic acquisition was intended to strengthen Greenbox's market position in the alternative lending space.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Credibly: Direct competitor offering MCAs, short-term business loans, and lines of credit to SMBs using cash-flow-based underwriting; very similar product mix and target customer to Greenbox.
• Rapid Finance: Direct peer providing MCAs, small business loans, and government contracting financing via an ISO/broker and direct channel; virtually identical business model and customer profile.
• Yellowstone Capital: Direct peer in the MCA/lump-sum working capital space, serving SMBs through both direct and broker channels with similar underwriting philosophy.
• National Funding: Direct peer offering MCAs, equipment financing, and small business loans to underbanked SMBs with a broker/ISO channel comparable to Greenbox's.
• Biz2Credit: Direct peer in the online alternative SMB lending space, matching SMB borrowers to a network of lenders via a technology-driven platform, analogous to Greenbox's direct/ISO hybrid model.
• Fundbox: Direct peer providing lines of credit and invoice-based financing to SMBs using automated, data-driven underwriting; overlaps with Greenbox's LOC and invoice factoring products.
• BlueVine: Direct peer offering SMB lines of credit and invoice factoring with a digital, automated underwriting approach; highly comparable product and customer profile.
• Forward Financing: Direct peer providing revenue-based financing and MCAs to SMBs via a tech-enabled platform; similar customer profile, product set, and ISO/broker ecosystem.
• Kapitus: Direct peer delivering working capital, MCA, and small business financing to underbanked SMBs through a broker/ISO and direct channel; comparable target market and product structure.

Broad incumbents

• OnDeck (Enova): Larger, well-capitalized SMB online lender offering term loans and lines of credit under Enova; broader balance sheet and longer history make it a benchmark incumbent rather than a pure niche peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Greenbox Capital