BlueVine is a lending service provider that allows small business owners to secure capital to grow their businesses. It offers funding solutions such as business line of credit, invoice factoring, and term loan. In this article, we cover BlueVine reviews and pricing. Ready to get started? Apply now.
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BlueVine Pricing
BlueVine pricing is based on three types of funding solutions: line of credit (from 4.80% APR), term loan (from 4.80% APR), and invoice factoring (from 0.25% weekly). Funding limit is up to $250,000 or factor up to $5,000,000. Approvals can take five minutes to 24 hours from the submission of the application.
Type of Loan | Annual Percentage/Factor Rate | Funding Amount |
|---|---|---|
Line of Credit | Starting at 4.80% | Up to $250,000 |
Term Loan | Starting at 4.80% | Up to $250,000 |
Invoice Factoring | Starting at 0.25% per week | Up to $5,000,000 |
Ready to get started with BlueVine? Apply now.
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Summary of Positive BlueVine Reviews
Users who gave positive BlueVine reviews shared that the company was very helpful and responsive in meeting their capital needs. They mentioned that their services were very efficient and the rates were straightforward. Excellent customer service and fast funding were also cited.
“I can say that BlueVine is extremely helpful; my experience was incredible, and they are very responsive and helped me. What I love most about them is how much they care about customers.”
– Triana Light
Summary of Negative BlueVine Reviews
As of the date this article was written (October 10, 2019), there are only a few up-to-date negative BlueVine reviews online. Some users also mentioned that there are no funding options offered to business-to-consumer business (B2C) or freelancers. Others reported that their requests were denied several times by the company.
“BlueVine has rejected several of my requests many times and it did not allow me to give credits. I find it exasperating.”
– Valentina Gutierrez
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BlueVine Features
Check out the list below of some of BlueVine’s features:
- Funds available on demand
- Access to a revolving line
- Fast funding
- Access to dedicated advisors
- Transparent pricing
- Access to larger credit limits
- Credit line replenishment post-repayments
- And more
BlueVine FAQs
What is the basis of my funding amount?
Your funding amount will be based primarily on the review of your business and your personal FICO score.
What credit score is needed for approval?
BlueVine looks for personal credit scores above 530 for its invoice factoring services and above 600 for its business line of credit service.
BlueVine Alternatives
Have you read these BlueVine reviews and are still not sure if it’s the right fit for you? Read our reviews of all top lenders.
