BlueVine Small-Business Loans: 2022 Review

BlueVine provides fast small-business loans for short-term borrowing needs.
Andrew L. WangDec 20, 2021

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Our Take

The bottom line:

BlueVine's business line of credit is a good option for short-term financing, like managing cash flow or buying inventory, but interest rates can be high compared to other online lenders.

BlueVine - Line of credit

BlueVine - Line of credit

Est. APR


Min. credit score


Pros & Cons


  • Cash can be available within 12 to 24 hours.

  • Multiple term lengths for different financing needs.


  • May require weekly repayments.

  • Requires personal guarantee.

  • Not available in North Dakota, South Dakota or Vermont.

Full Review

Online lender BlueVine offers business lines of credit up to $250,000 that can be a good option for small-business owners looking for short-term working capital.

As of December 2021, BlueVine no longer offers its own invoice factoring product, and instead directs borrowers to apply for financing through a partnership with an invoice factoring company called FundThrough. FundThrough has also taken over the management of existing BlueVine invoice factoring accounts.

How Much Do You Need?

with Fundera by NerdWallet

BlueVine is best for borrowers who:

  • Need cash fast: Funding times for BlueVine’s line of credit ranges from 12 to 24 hours.

  • Don’t meet credit requirements with other lenders: BlueVine considers borrowers with bad credit and six months in business.

  • Prefer a short repayment period: BlueVine offers lines of credit with repayment terms of six or 12 months.

BlueVine line of credit features

Loan amount

$5,000 to $250,000.

Estimated APR range

15% to 78%.


  • No prepayment fees, monthly maintenance fees or account closure fees.

  • $15 fee to receive funds via wire transfer.

  • Late fees may apply based on the information in your loan agreement.


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.

BlueVine line of credit requirements

BlueVine’s minimum borrower eligibility requirements include:

  • Credit score: 600+

  • Time in business: Six months or more

  • Annual revenue: $120,000 or more

BlueVine's line of credit is not available in North Dakota, South Dakota or Vermont.

Reasons to use BlueVine

You need fast cash

Applying is quick, and once approved, BlueVine may offer you a same-day business loan. On average, BlueVine can approve line of credit applicants in 12 hours.

You have bad credit

Poor credit can be an obstacle to obtaining small-business financing, but BlueVine considers you even if your credit score is below 630. The lender focuses on your business’s cash flow, which is why you’re required to connect your business bank account — or provide bank statements — as part of your application.

Where BlueVine falls short

Pricey financing option

With annual percentage rates of up to 78% on its business lines of credit, BlueVine is more expensive than many business loan options.

More frequent repayments

BlueVine's line of credit carries short repayment terms of up to 12 months, which results in higher payment amounts.

Its line of credit is repaid weekly or monthly. The high frequency of payments can pose an issue for businesses that have uneven sales or don't hold much cash in a bank account.

Compare business loans

If you’d like to compare loan options, NerdWallet has a list of small-business loans that are best for business owners. All of our recommendations are based on the lender’s market scope and track record and on the needs of business owners, as well as rates and other factors, so you can make the right financing decision.

Frequently asked questions