Are you experiencing gaps in your cash flow due to scheduling delays, late payments, and other issues? With BlueVine, you’ll be able to borrow money quickly with a credit line that’s designed specifically for contractors. Access funds when you need them, and withdraw additional cash as you repay loans.
Registration can be completed within minutes, with a dedicated account representative to help you every step of the way. Simply provide some basic information about you and your business, and get your decisions in as quickly as 5 minutes.
Approved funds are accessible within a few hours, just request your funds through the online dashboard, take what you need with the click of a button, and only pay for what you actually use. Your available credit will automatically replenish as you pay off your balance, with fixed weekly or monthly payments over 6 or 12 months.
BlueVine has some of the industry’s best pricing for customers with rates as low as 4.8%. Payment terms are transparent and there are no fees for opening an account or account closure. Borrow up to $250,000 and only pay for what you use, then re-use funds you’ve paid back through a revolving credit line. And unlike other lenders, you won’t get punished for paying off loans early; there are no prepayment or early repayment fees.
Your BlueVine application will not affect your credit score. In order to qualify, you’ll need a 600+ FICO, you must be a corporation or LLC, be in business for at least 6 months, and must generate at least $10,000 in monthly revenue. Your business must also be operating or incorporated in an eligible U.S. state.
Due to regulations, this is not available in Nevada, North Dakota, and South Dakota. Your personal credit score must also be above 600, and you must have a bank connection or 3 months of your most recent bank statements.