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BlueVine Review

23 reviews

In a Nutshell

BlueVine provides fast financing solutions for small businesses in need of working capital. With flexible credit lines ranging from $5,000 to $2.5 million and simple invoice factoring options, the company can serve as a viable alternative to traditional lenders. Fewer fees, short terms, and automatic payment options make BlueVine an accessible choice for many small businesses.


  • Quick online application process
  • Pay for only what you use


  • Six-month repayment terms for line of credit
  • ACH transfers are free but wire transfers incur an extra fee

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BlueVine at a Glance

Loan types
Invoice factoring, line of credit
Loan amount
$5,000 - $5 million
Minimum monthly revenue
Time in business
6+ months
Minimum credit score
Repayment terms
6 or 12 months
Time until funding
Approvals as fast as 20 minutes
Direct lender or marketplace
Direct lender

Why Go With BlueVine?

BlueVine provides 2 funding solutions to address common cash flow problems: 

  • Invoice factoring 
  • Lines of credit

Whether you need a short-term infusion of cash to cover expenses until invoices are paid, or want peace of mind in knowing that you always have a funding reserve to draw on, BlueVine may have the solution. 

The amount of credit you get from BlueVine replenishes as you make payments, and you pay no fees during times when you haven’t drawn out any money. This flexibility means that you can always borrow as little or as much cash as you need and pay interest only on the amount borrowed.


BlueVine was founded in 2013 with the goal of helping small businesses avoid cash flow problems.

BlueVine holds an A+ BBB rating and is staffed by a team of knowledgeable executives and financial advisors. The company prides itself on providing fast funding and accessible services to help small businesses meet daily financial needs.

With no application, lockbox, or maintenance fees and no prepayment penalties, BlueVine aims to simplify the funding process and makes it easier for businesses to access financing and grow. BlueVine leaves you free to run your business without worrying about large monthly payouts or unexpectedly running out of funding.

What BlueVine Offers

  • 5-minute online application
  • Approval and funding in as little as 24 hours
  • Credit lines from $20,000 to $5 million for invoice factoring
  • Credit lines from $5,000 to $200,000 for line of credit 
  • Automatic repayments
  • No reserves or minimums on invoice factoring
  • No fees or maintenance costs on credit lines
  • Rates as low as 15.00%
  • Minimal qualification requirements

Loan Application

Since BlueVine provides working capital rather than term loans, it asks for much less information than banks do from applicants. These lower requirements speed up the application process and make it easier to qualify even if your credit score prevents you from getting a bank loan. Basic requirements are different for the two types of financing. 

Credit line applicants are required to:

  • Be in business for at least 6 months
  • Have a minimum credit score of 600
  • Bring in $5,000 per month in revenue

For funding from invoice factoring, your business must:

  • Service or sell to other businesses rather than consumers
  • Have been operating for 3 months or more
  • Show a minimum credit score of 530
  • Have $10,000 per month in revenue, or a minimum of $120,000 annually 

Opening an Account

The “5 minute” application asks for:

  • Amount and type of credit line desired
  • Name
  • Phone number
  • Address and email address
  • Date of birth
  • Business name and type
  • Business contact information
  • Business address
  • Tax ID or Social Security number
  • Annual revenue

Applicants must also provide bank statements from the past 3 months or give BlueVine permission to view digital statements in your bank account on a “read only” basis.

Bluevine Review

What’s Unique About BlueVine?

As an alternative to banks and other institutions offering large loans with long-term commitments, BlueVine seeks to provide funding to companies looking for quick solutions to cash flow problems. Credit lines and invoice factoring are the only two financing options it offers, and specializing in these types of financing allows them to focus on fulfilling the everyday needs of small businesses. 

To make money management easier, the services can sync with popular accounting software:

  • QuickBooks
  • Xero
  • FreshBooks.

Flex Credit

The BlueVine credit line is called “Flex Credit,” a nod to the revolving structure of drawing and repaying funds. Flex Credit lines are typically approved for $5,000 to $150,000, but it’s possible to request a custom quote for a higher amount. Unlike with a merchant cash advance, your business doesn’t need to accept credit card payments to be eligible for Flex Credit. 

Using the credit line is straightforward:

  • Draw what you need at any time using the dashboard
  • Payments are automatically deducted each week with applicable interest
  • Available credit replenishes with payment

No additional fees for maintenance are required, so if you haven’t borrowed any money, you don’t owe any extra payments. Automatic weekly deductions from your bank account help prevent missed payments and can increase your credit score. As long as there’s enough money in your business account to cover your weekly obligation, you’ll never fall behind. And BlueVine now offers a 12-month business line of credit with monthly payments. 


However, there are some restrictions to their credit lines. The company is unable to offer this type of financing in:

  • Kentucky
  • Nevada
  • New Hampshire
  • North Dakota
  • South Dakota
  • Tennessee 
  • Vermont. 

For businesses operating in these states, invoice factoring may be a feasible alternative.

If you choose invoice factoring, you can factor any invoices meeting BlueVine’s criteria:

  • Payment term of 13 weeks or less
  • At least one week away from the due date
  • Amounts of $500 or higher
  • Issued to another business in the United States or English-speaking Canadian provinces
  • Covering a completed or delivered service or product

You’re not obligated to disclose your use of invoice factoring to customers, although BlueVine may offer a larger amount of financing to companies agreeing to share this information. The company handles all payments from customers on factored invoices and offers same-day rebate distribution.

Applying for either type of financing takes only five minutes and requires basic personal and business information common to alternative lending applications. Approval usually occurs within 24 hours, and funds may be available the same day if you choose to pay the $15 fee for a wire transfer. Payment via ACH can arrive the next business day but may take up to three days.

To qualify for financing, you need a minimum credit score of 530 for invoice factoring or 600 for a line of credit. However, the company also looks at past business cash flows and the strength of your customer base when considering your application, so credit score isn’t always the deciding factor.

Repayment Terms

Invoice factoring has a maximum term length of 12 weeks with 0.3- to 1% interest paid per week, working out to an approximate APR of 15.00%- to 60%. Credit lines have a 26-week term with 0.35- to 1.2% interest per week for an APR of 21- to 65%. The short terms make overall interest rates higher than those of traditional loans, but you’re not stuck with a long-term commitment to a financial institution, nor do you have to worry about running out of money with payments still hanging over your head.


Payment on the money drawn from a credit line occurs automatically from your bank account every week. For invoice factoring, customer payments are handled through your BlueVine account rather than your regular business bank account. BlueVine facilitates the payment process and takes the fee when the invoice is paid. However, if a customer fails to pay an invoice, you’re responsible for repaying whatever funds you've been advanced as part of the financing agreement.

Security of the Site

A GeoTrust certificate offers security for the entire website, and the company uses SSL encryption to protect any personal information you submit. Sensitive data is stored in secure databases. Information is only accessed and shared as necessary to provide services. Financial transactions are protected by the companies BlueVine works with when handling advances and payments.

Help & Support Availability

The FAQ page covers most general questions about credit lines and invoice factoring, including which types of invoices are eligible, the minimum and maximum amount of credit a company can request, and how payments are handled. However, some information isn’t readily available, and you may have to contact them for more details to determine which financing option is right for you.

The financial advisors can be reached from 7:00 am to 4:30 pm PT Monday through Friday. Phone support is available whether you’re considering applying for financing or you’re already using one of their services.

Check out the blog for financial information

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BlueVine provides fast financing solutions for small businesses in need of working capital. With flexible credit lines ranging from $5,000 to $2.5 million and simple invoice factoring options, the company can serve as a viable alternative to traditional lenders.

A simple application and 24-hour approval allows businesses to obtain funding when and how it’s needed and bypass the lengthy and complex process required by most bank loans. Fewer fees, short terms, and automatic payment options make BlueVine an accessible choice for many small businesses.

Physical Address

BlueVine Capital, Inc.
401 Warren St. Fl. Suite 300
Redwood City, CA 94063-1578's editorial staff is a professional team of editors, writers and experts with dozens of years of experience covering consumer, financial and business products and services.

BlueVine customer reviews

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Top reviews

J***y, CA
5 months ago

Ease of use

Brand satisfaction

Value for money

Service quality

I like how easy it is the get business loans and invoice factoring. The company has great customer service.

E**n, NJ
8 months ago

Great loan that I got. It was very easy to obtain. I was alright with the interest that was on it, which my business should be able to make back.

T***r, IN
5 months ago

I like the way they do business, as I got my loan efficiently. They treated my right. You cannot go wrong if you need a business loan to go with BlueVine

K**e, IN
6 months ago

The quality service was great they helped me with everything that I needed. The personal service was fantastic they were always there when I had questions. It is also worth your money to go there.

G**i, FL
9 months ago

the loan is very good. BlueVine advances 85% to 90% of the invoice amount and then the remainder when a customer pays you, minus fees

J***s, CA
5 months ago

It's the best to get a business loan and I never had any issues with it so I recommend to anyone looking for money to jumpstart their company.

G***e, NV
7 months ago

Great service that good what I wanted and then some. Great value with amazing customer service, and got the loan I wanted. Interest was fine.

S*m, OH
6 months ago

Blue vine provided fine service. The value is okay but loans are always expensive. It isn't a good or bad service but just necessary really.

A****n, VA
5 months ago

The price is just a little too pricey there was but I got what I needed very quickly. Very happy about the loan I got.

B*****a, NY
7 months ago

There is barely anything I dislike about this loan, I think that this is a good company, I like blue vine.

H***, NJ
7 months ago

They are good and help care for the clients needs and if they have trouble with something they always help.

G*****o, FL
9 months ago

because it is a very well formed company. I was able to get my business loan in no time with no problems.

K***y, MD
4 months ago

Price is reasonable, amazing customer service just long hold times. No problems yet, they have treated me like a loyal customer.

L**a, TX
5 months ago

Its quality and very easy to use for anyone of any age who is looking to put money into their business.

T****a, ID
5 months ago

Blue Vine has been very easy to work with. Their loan met my needs. I receive great customer service from them.

K***e, MN
4 months ago

Well I've ran into some rude service but overall it's not that bad. Plus I know other's who have used it for loans.

A*h, WV
7 months ago

BlueVine is great. Easy to get loans in no time, and finance a lot.

K**e, LA
6 months ago

It's a good company but the loan had a high interest rate. I guess all loan companies have high interest rates. The service was very good though for what it was, as I got the loan in a timely manner.

S**u, CA
8 months ago

Business loans are difficult to obtain, so even the best site is hard. Blue Vine is really good relative, but generally it's frustrating with a high interest to take out a business loan on any site.

B*b, TX
4 months ago

We got the loan that we needed, but at a high interest rate. Hopefully we will earn that money back with our business.

23 reviews