BlueVine Small Business Loans: 2021 ReviewCheck Your Rate
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Overview of BlueVine
Pros and cons
Multiple business service offerings mean you have the option to keep more under one umbrella Speed up the payment process with invoice factoring, which allows you to get an advance on outstanding invoices. Fast funding on both line of credit and invoice factoring
Line of credit requires a 650+ FICO® Score Repayment period for line of credit is short: either 6 or 12 months Repayments on line of credit are taken from your account weekly
BlueVine Small Business Loan Terms, Rates, and Fees
What Types of Loans Does BlueVine Offer?
What is BlueVine Invoice Factoring?
Important to Keep in Mind
Applying for a BlueVine Small Business Loan
Applying for a BlueVine Line of Credit
Minimum 650 FICO® Score 3+ years in business $40,000 in monthly revenue
Applying for BlueVine Invoice Factoring
Minimum 530 FICO® Score 3+ months in business Business is B2B $10,000 in monthly revenue
The Bottom Line
Frequently Asked Questions
About the Author
Many factors affect your credit scores and the interest rates you may receive. SoFi is not a Credit Repair Organization as defined under federal or state law, including the Credit Repair Organizations Act. SoFi does not provide “credit repair” services or advice or assistance regarding “rebuilding” or “improving” your credit record, credit history, or credit rating. For details, see the FTC’s website on credit (https://www.consumer.ftc.gov/topics/credit-and-loans)
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