BlueVine Review

Reviewed by Ty Crandall

November 13, 2023
BlueVine Review Credit Suite

Online Lender Reviews: The BlueVine Review

Note: we updated our BlueVine review in June of 2021.

Get winning funding! We hope our BlueVine review will help you make the smartest possible business decision you can make.

BlueVine is one of several lenders in the online space. They offer Invoice Factoring and Lines of Credit. They confirmed the information we had found on them. We look at the specifics and drill down into the details.

Check out our Credit Suite Credit Line Hybrid, where you can get up to $150,000 to help your business thrive.

BlueVine Review: Background

BlueVine is online here: Their physical address is:

401 Warren Street #300
Redwood City, California 94063.

You can telephone them at: (888) 216-9619. Their contact page is here: They have been in business since 2013.

Invoice Factoring

Note: BlueVine no longer offers invoice factoring.


BlueVine Funding Credit SuiteThey offer up to $5,000,000 in invoice factoring financing. Your business must be B2B.

Your business must have revenues of $10,000 or more per month. Also, you need to be in business for three or more months. And you need to have a FICO score of 530 or better.

NOTE: BlueVine will penalize you for deadbeat clients. So if they don’t pay their invoice, you are responsible for paying


Pay rates as low as 0.25% per week.

Lines of Credit

They offer a true revolving line of credit for small business for up to $250,000. You get 24 hour approval. Your business must have revenues of $10,000 or more per month. You have to be in business for at least 6 months. And you must have a FICO score of 600 or better.


Their interest is as low as 4.8%. There are no maintenance fees and no unused credit fees.

Term Loans

Get term loans for small business for up to $250,000. You must be in business for six months or more. And you need to have a FICO score of 600 or better. You must have at least $10,000 in monthly revenue.


Their interest is as low as 4.8%.

Factors Considered for Financing Approval

These are: strength of customers and business cash flow. But they are also personal credit history (less important); and business credit history (which is also less important).

Information You Need to Provide

BlueVine is looking for general business information like EIN and address. They also ask for information about the business owner applying. And this will include your Social Security number. You must provide either your three most recent bank statements or read-only access into your business bank account.

Secured or Unsecured?

They do not provide unsecured financing. Secured financing comes from a general lien on your business assets, as backed with a personal guarantee. Personal assets cannot be used as collateral.

BlueVine Review: Advantages

One advantage is their interest rate is fairly low. Furthermore, your personal credit does not have to be stellar, and you can get a line of credit with a 600 or better personal FICO score.

BlueVine Review: Disadvantages

One disadvantage is that you can’t use their services if your business is B2C (business to consumer). And you also can’t use their services if you’re in the medical or health care industry.

Check out our Credit Suite Credit Line Hybrid, where you can get up to $150,000 to help your business thrive.

BlueVine Review: Takeaways

BlueVine is a great option if your personal credit score is not so hot. Their interest rate is surprisingly low for allowing such low personal credit scores.

However, you will be the one to pay if your clients do not. So if you’re going to use BlueVine, make sure you’ve got dependable clients. And of course if your company is in the health care or medical industries, or you are a business to consumer organization, BlueVine is utterly off the table.

Check out our Credit Suite Credit Line Hybrid, where you can get up to $150,000 to help your business thrive.

A Word to the Wise about our BlueVine Review

And finally, as with every other lending program, whether online or offline, remember to read the fine print and do the math.

Go over the details with care, and decide whether this option will be good for you and your company. In addition, consider alternative financing options that go beyond lending. These include building business credit, in order to best decide how to get the money you need to help your business grow.

Today, we want to hear from our audience! Share your voice with us about your experiences with online lenders.

About the author 

Janet Gershen-Siegel

Janet Gershen-Siegel is the seasoned Finance Writer and a former content manager at Credit Suite. She has been admitted to practice law for over 30 years, with a focus on litigation and product liability, and is a published author, with writing credits at Entrepreneur, and

She has a BA in Philosophy from Boston University, a JD from the Delaware Law School of Widener University, and a MS in Interactive Media (Social Media) from Quinnipiac University.

She regularly writes for Credit Suite, which helps businesses improve Fundability™, build credit, and get approved for loans and credit lines.

Her specialties: business credit, business credit cards, business funding, crowdfunding, and law

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