A Bluevine Line of Credit provides eligible businesses with revolving credit lines up to $250,000, with no fees for opening, maintaining, prepayment,¹ or account closure.

With a Bluevine Line of Credit, you can request funds as you need them, up to your credit limit, and pay only for what you borrow.² Unlike traditional one-time loans, a Bluevine Line of Credit is “revolving credit,” which means your available credit replenishes as you make repayments.

This article explains general eligibility requirements, what to expect when you apply, and how Bluevine’s lending network may help connect some businesses with additional financing options.

Before you begin

You can apply for a Bluevine Line of Credit on our website or directly through your Bluevine Business Checking dashboard (existing customers). We’ll ask you for some basic information about you and your business. Before applying, make sure you have:

• A valid business checking account and access to your online banking credentials 
  • Tip: It’s even easier to apply if you have a Bluevine Business Checking account.
• Basic business information, including your legal business name and tax ID
• Recent business revenue details

Note for sole proprietors: Sole proprietors cannot currently apply for a Bluevine Line of Credit directly through Bluevine. If you have a Bluevine Business Checking account, you may be able to access potential financing offers from Bluevine’s lending partners through the Business Financing Center in your dashboard.

Minimum eligibility requirements for a Bluevine Line of Credit

While eligibility is determined based on several factors, businesses may qualify for a Bluevine Line of Credit if they:

• Have been operating for at least 12 months
• Meet minimum revenue requirements of at least $10,000 monthly or $120,000 annually
• Maintain an average bank balance of at least $2,000
• Have a personal FICO credit score of at least 625
• Are in good standing with the applicable Secretary of State
• Are operating or incorporated in an eligible U.S. state
• Ineligible states: Nevada, North Dakota, South Dakota, U.S. territories
• Operate as an eligible business type: LLC or corporation
• Are not doing business in a restricted industry

Bluevine reviews multiple factors during the application process, including business performance, cash flow, and financial history. Meeting the general requirements does not guarantee approval.

Financing through Bluevine’s lending partners

Some business types may not currently be eligible for a Bluevine Line of Credit through Bluevine directly. This can include:

• Sole proprietorships
• Businesses that do not meet Bluevine’s current underwriting requirements

Bluevine works with a network of lending partners to help more small businesses access financing solutions. If your business is not eligible for a line of credit directly through Bluevine, you may be considered for potential financing offers through Bluevine’s lending partners, where available and authorized.

Depending on your business profile and eligibility, participating lending partners may offer:

• A business line of credit
• A term loan
• Other financing products 

Partner financing products may have different eligibility requirements, rates and fees, repayment terms, funding timelines, and approval criteria.

Note: Financing offers through Bluevine’s lending network are provided by third-party lenders and are subject to the lender’s approval criteria and terms. Bluevine does not issue or service partner financing products.

What to expect after you apply

Once you submit your application:

1. Bluevine will review your business information.
2. Additional documentation or verification may be requested.
3. Eligible applicants may receive a financing decision within a short timeframe.
4. If your business does not qualify for a Bluevine Line of Credit, you may be considered for potential financing offers from participating lending partners, where available and authorized.

Funding timelines can vary depending on the financing product and verification requirements.

If you’re approved for a Bluevine Line of Credit, you can request funds directly from your Bluevine dashboard. We’ll deposit funds in your linked account as soon as a few hours, pending review and approval. On your due date, Bluevine will automatically debit your primary bank account³ for weekly or monthly repayments, depending on your repayment plan. As you pay down your balance, the amount of available credit you can request automatically replenishes.

Frequently asked questions

Does applying affect my credit score?

No. Submitting an application for a Bluevine Line of Credit will not impact your credit score.

Can sole proprietors apply?

Sole proprietorships do not currently qualify for a Bluevine Line of Credit. However, sole proprietors with Bluevine Business Checking accounts may be considered for financing offers from Bluevine’s lending partners through the Business Financing Center in their Bluevine dashboard.⁴

Am I guaranteed financing through a lending partner?

No. All financing offers are subject to approval by the participating lender and may vary based on your business qualifications.

Will partner offers have the same terms as Bluevine?

Not necessarily. Rates, repayment terms, fees, and funding timelines may differ depending on the lender and financing product.

Need additional help?

If you have questions about your application or eligibility, contact our support team.

^{1 The line of credit repayment plan with 12 weekly installments has a fixed fee structure. Prepayment of the loan does not result in any reduction of the total interest owed. Review the loan terms and conditions.}

^{2 All draw requests are subject to review and approval.}

^{3 If the payment from your primary account is unsuccessful, Bluevine may attempt to debit your secondary repayment account, if one is on file and authorized, to help keep your repayment current and avoid missed-payment fees.}

^{4 Commercial credit (business credit) products are offered by a variety of Bluevine's third party partners. Bluevine is not involved in the issuance or servicing of these products. Offerings and eligibility requirements vary by partner.}