How Much Can I Borrow With Bluevine Line of Credit? - Bluevine is an online lending platform that offers short-term business lines of credit between $6,000 and $250,000.
Borrowers can choose from Flex 6 or Flex 12 lines of credit, which are structured around six- and 12-month repayment periods, respectively. To qualify, your business will need to meet certain minimum criteria, such as being in business for more than 24 months, having a FICO score of 625 or higher, and generating at least $40,000 in monthly revenue. You can apply online and get a credit decision in as fast as 5 minutes.
If approved, you can request funds from your online dashboard and receive them in your account in as fast as 24 hours. You only pay interest on the funds you use, and your credit line replenishes as you make repayments.
Some additional sentences are:
- If you are interested in applying for a Bluevine Line of Credit, you can visit their website and provide basic information about you and your business.
- Bluevine’s Line of Credit is issued by Celtic Bank, a Utah-chartered industrial bank, member FDIC.
- You can also explore helpful guides and resources on their website, to learn more about how to use a line of credit to grow your business.