Bluevine Lending Review

Updated on June 23, 2022
Advertiser Disclosure


Bluevine is a financial technology company that offers business lines of credit to small business owners. The company was founded in 2013, and offers a fast, fully digitized application and underwriting process, providing approvals in as little as 24 hours.

Green checkmarkPros
  • Fast access to short-term funding
  • Simple, streamlined application process
  • Easier to qualify for than bank or SBA loans
  • Financing solutions available for business owners with lower credit scores
Red X markCons
  • Interest rates can be expensive
  • Short repayment terms
  • Line of credit has a draw fee
  • Personal guarantee required

Bluevine Business Loans

Bluevine no longer offers business term loans or invoice factoring. Lines of credit are still available.

Bluevine Line of Credit

The Bluevine line of credit is best for business owners who need to cover short-term working capital needs, as well as those who want a safety net to rely on in case of an emergency. With a Bluevine line of credit, you can draw capital from your account as needed and only pay interest on the funds you borrow. Interest rates on the Bluevine line of credit start at 6.2%. This is a simple interest rate calculated from total repayments over 26 weeks.

  • Max credit line


  • Line of credit terms

    6 or 12 months

  • Interest rates

    Starting at 6.2%

Qualifications for a Bluevine Line of Credit

  • Time in business

    24+ months

  • Annual revenue


  • Credit score


Bluevine Invoice Factoring

In late 2021, Bluevine transferred its invoice factoring customers to FundThrough. Bluevine no longer offers invoice factoring.

Check out our list of the best invoice factoring companies if you’re looking for this kind of financing.

Bluevine Borrower Eligibility

Your ability to qualify for financing from Bluevine will ultimately depend on your business’s financials. That said, here are some additional eligibility criteria to keep in mind:

Restricted Industries

Regardless of the product, Bluevine does not work with businesses in the following industries:

  • Gambling
  • Adult entertainment or paraphernalia
  • Political campaigns
  • Legal and illegal substances (e.g. marijuana)
  • Firearms and paraphernalia
  • Lenders and financial institutions
  • Donation-based nonprofits
  • Auto dealerships


Bluevine lines of credit are not available in Nevada, North Dakota, or South Dakota.

What You Need to Apply

  • Three months of business bank statements or a read-only connection to your business bank account
  • General information about your business (business address, phone number, business DBA, and tax ID number)
  • Personal information about the business owner applying (phone number, email, personal address, social security number, date of birth, ownership percentage)
  • Applicant must be an owner or officer of the company

How to Get a Line of Credit With Bluevine

If you think the Bluevine line of credit might be right for you, here’s everything you need to know about their application and underwriting process.

Application and Underwriting Process

You’ll begin the Bluevine application process by filling out an online application and providing some basic information about yourself and your business. At this point, Bluevine will do a soft credit pull of your personal credit score and look at your business’s age and revenue. 

If you pass underwriting, Bluevine will approve you for a set credit limit. Initial approval takes about one business day. If you decide to accept Bluevine’s offer, you’ll enter the closing process and sign final documents. 

Once you’ve accepted the offer, you can immediately start drawing funds from your line of credit. The funds should take just a few hours to reach your bank account if you pay $15 for a wire transfer. ACH transfers are free and usually take one business day, but can take up to three days.

Post-Funding Process

After Bluevine approves you for funding, they’ll give you access to an online dashboard where you can get monthly statements, see a history of your account usage, and review your repayment progress. 

Repayment Process

You’ll pay your balance back with weekly or monthly payments that are automatically debited from your bank account.

You can make as many draws as you need up to your overall credit limit. As you repay what you’ve drawn, the principal portion of your repayment is added back to your available credit line—this is a revolving line of credit.

Bluevine Customer Service

Bluevine customer service is available by phone and email.

You can call customer support representatives at (888) 216-9619 on Monday through Friday from 8 a.m to 8 p.m. ET.

You also email support using the contact form here or send a message directly to

Bluevine Customer Reviews

What do online reviewers have to say about their experience with Bluevine?

Positive Bluevine reviews from customers tend to focus on the speed and accessibility with which they fund small businesses. Customers highlight the simple application, minimal paperwork, and fast access to funds.

In addition, many reviewers also mention how helpful the Bluevine customer service representatives are, as well as how easy they are to work with—especially in comparison to traditional brick-and-mortar banks.

Overall, many Bluevine reviews call this lender out as one of the easiest companies to work with in the industry.

On the other side of things, however, negative Bluevine reviews from customers often focus on the lender’s tendency to deny requests to draw from lines of credit. Every time a customer requests to draw from their Bluevine line of credit, Bluevine will review their file, and if they discover new debt, then they could very well deny the customer’s request to withdraw funds.

It can be frustrating to secure a business line of credit, only to be denied access to it later on, and Bluevine reviews from customers who’ve experienced this certainly exhibit this frustration.

That said, some other reviewers report issues with application denials and accessing customer service.

In general, however, Bluevine is well-reviewed across the internet—with an A+ Better Business Bureau rating and 4.4 stars on Trustpilot—and their customer service team often responds and works with customers who report issues with their experience.

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Randa Kriss
Senior Staff Writer at Fundera

Randa Kriss

Randa Kriss is a senior staff writer at Fundera.

At Fundera, Randa specializes in reviewing small business products, software, and services. Randa has written hundreds of reviews across a wide swath of business topics including ecommerce, merchant services, accounting, credit cards, bank accounts, loan products, and payroll and human resources solutions. 

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