If you need more information about our two repayment plans and their requirements, please see our support article.
I’m on a weekly repayment plan
If you’re on our Flex 6 plan, your first weekly repayment is due one week after your draw is funded. Wire payments will be processed within one business day, while ACH payments take three business days. You can make additional payments or pay off any draw at any time.
I’m on a monthly repayment plan
If you’re on our Flex 12 plan, your monthly repayment date for all draws will occur on the same day of the month. The day of the month for your repayments will be set when your application is approved and your agreements have been signed.
If you want to change your repayment date, follow these steps:
- Sign in to your Bluevine dashboard
- Select the settings icon at the top right of the screen
- Confirm it opens on the Line of Credit tab
- On this page, you’ll see a section that says "Repay my draws on the" with a field to choose the date you want your payments initiated
You can change your repayment date once every three months. As long as you select a new date that’s less than 37 days after your last repayment, your next repayment will be due on the date you choose. You can make additional payments or pay off any draw at any time.
If you select a new date that’s 37 or more days after your last repayment, your next repayment will be initiated immediately when you confirm the change, then the following repayments will start on the date you choose.