As you establish your Flex Credit history with BlueVine you may be eligible for a credit line increase. Making all payments on time, demonstrating growing income for your business, etc. will contribute to (but not guarantee) your consideration for a credit line increase.
To request an increase, go to the Flex Credit tab. At the top of the page where your available credit is listed, click the i next to Your Available Credit and select Request Increase, and enter the total desired credit line.
You will either have a decision via email or an Account Manager contact you within 1-2 business days, by phone or email. An increase can be requested every 45 days on Flex6, and every 90 days on Flex 12, as long as the account is in good standing.
When requesting a credit line increase, depending on the increase amount we may request additional documentation from you. We usually request a copy of your most recent business tax returns, balance sheet and a business debt schedule. Please see below at an example of a business debt schedule.
*Please note; If you have a Special Draw, or Term Loan please contact us at (888) 216-9619 option 2.