Line of Credit by BlueVine

Line of Credit by BlueVine

Get the security of a true revolving line of credit for recurring needs. Draw whenever you want, pay only for what you use. Interest is only charged on the balance and you will never be penalized for paying it off early.

8/10

Cost
70% Complete
Low High
Effort to Apply
20% Complete
Easy Difficult
Funding Speed
20% Complete
Months Minutes
Repayment Terms
40% Complete
Months Years

Bottom Line

A line of credit can be a great asset to your business. It allows you the flexibility to draw funds when you need it, and you only pay interest on the balance.

Pros

A fast and flexible business line of credit, offering same-day wires and transparent fees.

Cons

Requires weekly payments.

Qualification Requirements

Time in Business

At least 6 months

Annual Revenue

At least $180,000

Basic Requirements

You must have a 600+ credit score and no bankruptcies in the past year.

Cost
18% - 62% APR
Repayment Terms
Weekly payments until paid off
Funding Amount
Up to $100,000
Origination Fee
1.5%
Funding Speed
48 hours
Pre-Payment Penalty
None
Application Fee
None

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