If you’re approved for a Bluevine Line of Credit, you may be offered one of our two repayment plans for repaying your draws. We created our weekly plan for newer businesses. Our monthly plan is for businesses older than three years.

Weekly repayment plan

With the weekly plan, you’ll repay your Bluevine Line of Credit draws in weekly installments up to 52 weeks. To qualify, you must meet these requirements:

• Your business must be a corporation or LLC:

  • With a FICO score of 625+

  • In business for 12 months or longer

  • $2,000 avg. monthly bank balance 

  • Greater than $10,000 in monthly revenue or at least $120,000 in annual revenue

  • With no bankruptcies on your credit report

These are the minimum requirements for a Bluevine Line of Credit. All applications are subject to review. Meeting these requirements doesn’t guarantee you’ll be approved.

Monthly repayment plan

With the monthly plan, you’ll repay your Bluevine Line of Credit draws in monthly installments over 12 months. To qualify, you must meet these requirements:

• Your business must be a corporation or LLC:

  • With a FICO score of 700+

  • In business for three years or longer

  • $10,000 avg. monthly bank balance

  • Greater than $80,000 in monthly revenue or at least $960,000 annual revenue

  • With no bankruptcies on your credit report

I’m currently on a weekly plan. How do I switch to a monthly plan?

If you are on a weekly plan and meet the above requirements for the monthly plan, you can request to switch your repayment plan. You must have made at least 6 consecutive weeks of on-time payments on your weekly plan and your account must be in good standing.

To see if you qualify, please reach out to our support team. If you meet the requirements, we’ll confirm the change and all future payments will be monthly. 

Note: Switching to a monthly plan won’t affect any of your outstanding draws. You’ll need to repay the outstanding draws on your weekly plan each week until they’re repaid.

Check out our support article for more information about repayment due dates.