The term loan is provided as one lump sum. The funds can be received the same day, or in 1-3 business days depending on your payment preferences. Funds request by wire should be received the same day, and funds requested by ACH are typically received the following business day, but can take up to 3 business days.
Receiving funds via ACH
ACH credits are free of charge. They are typically received within 1-3 business days, although in most instances, they can be received the following business day.
ACH and wire payment requests made on weekends and bank holidays will be reviewed on the next banking day.
Receiving payments via Wire
Wires are usually received within 1 business day. The cutoff time for receiving same day credits via wire is:
- 1:45 pm Pacific
- 2:45 pm Mountain
- 3:45 pm Central
- 4:45 pm Eastern time
Wire transfer requests made after or close to the cut-off time, on weekends, or bank holidays will be reviewed on the next banking day.
Please note that BlueVine charges $15 for wire transfers. In addition to this, your bank will also likely charge you to receive an incoming wire.
New Year's Day
Martin Luther King Jr.'s Birthday