BlueVine confirmed this information: BlueVine offers invoice factoring and lines of credit For invoice factoring, there are no reserves or minimums The BlueVine ...
Any Loans Similar To Blue Vine – A personal loan is not the same as a property mortgage or an auto loan. Personal loans allow you to borrow and use the money for what you need. However, like other types of loans, a personal loan must be paid back to the lender in full within the specified time period. Your lender’s loan agreement will detail how much time you have to repay your loan.
A business line of credit is similar to a personal lines of credit (such as a credit card or home equity line of credit) in that you have access to a certain amount of financing (e.g. $30,000) but you don’t make payments or incur any interest until you access the funds.
BlueVine gives small businesses a flexible line of credit to run their business or an advance on their invoices to meet payroll, buy supplies or grow.
BlueVine offers small-businesses lines of credit and invoice factoring. An option for borrowers with poor credit, we evaluated the lender’s small-business financing options to help you decide if ...
BlueVine Review Where does BlueVine do business? BlueVine is a direct lender based in Palo Alto, CA. It was founded in 2013 and offers access to business loans in 50 states (and Washington, DC).
It also offers a choice between short- and long-term loans, ranging from 3 to 36 months . OnDeck’s loans can be more expensive than BlueVine’s, however. Its term loans come with an annual interest rate (AIR) starting at 9.99%, while the starting APR for credit lines is 13.99%.