Bluevine Line of Credit: 2025 Review
The Bluevine business line of credit is a good option for short-term financing, but interest rates can be high compared to other online lenders.
Overview
The bottom line:
Bluevine loans are well suited for when working capital is needed fast — particularly for businesses with bad credit.
Loan details
Min. Loan Amount
$5,000
Min. APR
14%
Max Loan Amount
$250,000
Max Term Length
6 months
Max APR
48%
Qualifications
Min. credit score
625
Min. Time in Business
12 months
Min. Annual Revenue
$120,000
Pros & Cons
Pros
Cash can be available within 12 to 24 hours.
Multiple term lengths for different financing needs.
Low minimum credit score requirement.
Cons
May require weekly repayments.
Requires personal guarantee.
Not available in North Dakota, South Dakota or Nevada.
Rates can be high compared to traditional lenders.
Small business loan comparison
Compare to other loans
Min. credit score
600
Min. credit score
625
Min. credit score
625
Min. Time in Business
3 months
Min. Time in Business
12 months
Min. Time in Business
6 months
Need more options? Check our picks for best small business loans of 2025
Bluevine is an online lender that offers business lines of credit
Bluevine is known for its simple application process in which borrowers can connect their business checking accounts, and in most cases, receive a decision in minutes. Although you can sign up for Bluevine business checking
How much do you need?
We’ll start with a brief questionnaire to better understand the unique needs of your business.
Once we uncover your personalized matches, our team will consult you on the process moving forward.
Bluevine is best for borrowers who:
- Need cash fast: You can complete an application for a Bluevine business line of credit in just minutes and receive a decision the same day. Funds can be available within hours, but transfers may take up to three business days.
- Don’t meet credit score eligibility requirements with other lenders: Bluevine considers borrowers with bad credit (minimum FICO score of 625).
- Prefer a short repayment period: Bluevine offers lines of credit with repayment terms of 6 or 12 months.
Bluevine loan features
Bluevine offers revolving business lines of credit up to $250,000 with repayment terms of 6 or 12 months.
| Loan amount | $6,000 to $250,000. |
| Estimated APR range | Bluevine typically lists its rates as simple interest rates — starting at 7.8% (calculated from total repayments over 26 weeks). Rates calculate to an approximate APR of 14% to 48%. |
| Fees |
|
| Terms | 6 or 12 months. |
| Repayment schedule | Weekly or monthly. |
| Funding speed | As fast as the same day. May take up to three business days for funds to process, depending on your bank. |
Where Bluevine stands out
Quick funding
Bluevine is a good option if you need access to fast cash. You can apply quickly online and only need to provide basic information about you and your business — and then connect your business bank account or upload bank statements.
After you’ve submitted your application, Bluevine may be able to offer you a same-day business loan
Flexible credit score requirements
Bluevine has more lenient qualification requirements for its minimum credit score compared to other traditional and online lenders. The Bluevine line of credit can be a good option for businesses with bad credit (FICO score of 629 or lower), as you can qualify with a credit score of 625 or higher.
This lender focuses on your business’s cash flow (on top of credit score), which is why you’re required to connect your business bank account — or provide bank statements — as part of your application.
Keep in mind, however, the 625 credit score minimum only applies to the line of credit with weekly repayments. To qualify for the 12-month term, you'll need a score of 700+.
Large credit lines; limited fees
Bluevine offers a line of credit up to $250,000 — which is a higher maximum loan amount than some of its closest online competitors.
Bluevine also doesn’t charge monthly maintenance fees, account closure fees or prepayment penalties for paying your balance back early.
💬 From our Nerds: Don’t underestimate the importance of speedy draw approvals and disbursements on your line of credit
"Borrowers may overlook the layers of approval that can be involved with a line of credit. When I worked in small-business lending, I saw several borrowers become frustrated over delays in accessing new draws — depending on the lender, you may have to seek approval and indicate the intended use behind each draw. Furthermore, with lenders that don’t have the technology to provide instant access to funds, each time you take a draw from your line of credit it can feel like another loan approval process.
This is where online lenders like Bluevine shine as, in contrast, there is not a lot of red tape involved."
Olivia Chen, lead writer, Small Business
Where Bluevine falls short
Can be expensive
With annual percentage rates of up to 48% on its business lines of credit, Bluevine is more expensive than many business loan options.
More frequent repayments
The Bluevine line of credit carries short repayment terms of up to 6 months, which results in higher payment amounts. This 6-month line of credit is actually repaid weekly.
To qualify for a 12-month term with monthly payments, you'll need to meet much stricter qualification requirements. Nevertheless, the high frequency of weekly payments can pose an issue for businesses that have uneven sales or don't hold much cash in a bank account.
Bluevine loan requirements
Bluevine’s minimum borrower eligibility requirements include:
- Minimum credit score : 625.
- Minimum time in business : 12 months.
- Minimum annual revenue : $120000.
The Bluevine line of credit is not available in North Dakota, South Dakota or Nevada.
Alternatives to Bluevine
Headway Capital
Headway Capital offers lines of credit of up to $100,000. To qualify, you must have at least 6 months in business, a credit score of 625 and at least $50,000 in annual revenue. With a lower minimum annual revenue requirement than other lenders, Headway's line of credit can be a good option for low revenue businesses.
Headway offers a weekly or monthly repayment schedule. It has repayment terms of 12, 18 or 24 months. Interest rates range from 35% to 80%.
» Learn more about this line of credit in our Headway Capital review
Fundbox
Fundbox offers business lines of credit of up to $150,000 with shorter repayment terms than Bluevine — 12 or 24 weeks. Fundbox can provide application decisions within minutes and transfer funds to your bank account as fast as the next business day.
Fundbox’s line of credit can be a good option for startups and businesses with bad credit, as Fundbox accepts borrowers with 3 or more months in business and a minimum credit score of 600 or higher.
Fundbox’s minimum annual revenue requirement of $100,000 is slightly lower than Bluevine’s, which is $120,000. Read our full Fundbox review
» Learn more about how these lenders compare in our Bluevine vs. Fundbox review
Compare your business loan options
The best business loan is generally the one with the lowest rates and most ideal terms. But other factors — like time to fund and your business’s qualifications — can help determine which option you should choose. NerdWallet recommends comparing small-business loans
Former NerdWallet writer Andrew L. Wang contributed to this article.
Frequently asked questions
Frequently asked questions
The short answer is yes. Bluevine is a financial technology company. The Bluevine line of credit is issued by Celtic Bank, a Utah-chartered bank, member FDIC.
Bluevine also offers a small-business checking account through Coastal Community Bank. The private company has raised $769.2 million in funding, according to Crunchbase, which tracks startups.
Bluevine is a financial technology company that provides business lines of credit through its partnership with Celtic Bank. You can apply online in a few minutes, and once approved, you may have access to cash by the same day.
Bluevine was approved as a direct non-bank lender for the U.S. Small Business Administration’s Paycheck Protection Program