The BlueVine business line of credit

We are temporarily pausing new business line of credit
applications
to focus our efforts on helping small businesses
secure PPP funding. Sign up for updates on when we’ll
resume accepting applications.

Sign up for updates Apply for PPP
Line of Credit from BlueVine

Jesse U, MarketMe Video Production.

Credit lines up to $250,000

Rates as low as 4.8%

Approvals as fast as 5 minutes

You may qualify for a First or
Second Draw PPP Loan

About the program

The $900 billion COVID-19 aid bill includes a $284 billion allocation for First and Second Draw PPP loans. Small businesses that received a First Draw PPP loan may qualify for a Second Draw PPP loan.

Eligibility

  • To be eligible to apply for a Second Draw PPP loan, entities must employ 300 or fewer employees and must have used (or will use) the full amount of their First Draw PPP loan on eligible expenses prior to applying for a Second Draw.
  • Eligible businesses must also demonstrate at least a 25% reduction in gross receipts in the first, second, third, or fourth quarter of 2020, relative to the same 2019 quarter.2
  • A business that was not in operation on February 15, 2020 is not eligible for a First or Second Draw PPP loan.
Learn more Funds are limited. Apply before the May 31, 2021 deadline.

Business Line of Credit

Fast working capital made simple

Funds available on demand

Enjoy peace of mind by having money available for any business expense. Draw funds with a click of a button.

Only pay for what you use

No fees to open or maintain your line. No prepayment fees, monthly maintenance fees, or account closure fees.

Access to a revolving line

Draw as little or as much as you want from your available credit. Your credit line replenishes as you make repayments.

Financing that grows with you

We support your business growth by getting you the right credit line for your business size at any stage.

How BlueVine Line of Credit Works

01

Apply Online

Provide us basic information about your business and get approved in as fast as 5 minutes.

02

Draw funds

Use your online dashboard to request funds, and get cash in your bank account within hours.3

03

Make repayments

Pay back each draw with fixed monthly or weekly payments over 6 or 12 months.

04

Access more funds

As you pay off your balance, your available credit is automatically replenished.

How BlueVine Line of Credit Works
Sean A - Plox

Our product launch was a wild success, but we had to wait an average of 60 days before retailers paid us. In just a few days, BlueVine gave us the cash we needed to cover our expenses.

Sean A Plox

What you need
to get started

Minimum qualifications

  • 650+ FICO
  • 2+ years in business
  • $30,000 in monthly revenue

What you need to apply

  • Basic details about you and your business
  • Bank connection or year-to-date bank statements

We’ll be with you as soon as possible.

We are temporarily pausing new business line of credit applications to focus our efforts on helping small businesses secure PPP funding. Sign up for updates on when we’ll resume accepting applications.

Sign up for updates
Meet our advisors

John from Client Care, Charles and
Lindsay from our Partnerships team.