After a draw is funded, repayments are automatically debited from your primary bank account on a fixed weekly or monthly schedule, based on the terms of your repayment plan. You can review your repayment terms, including installment amounts and dates, before submitting the draw request and at any time afterward by viewing your amortization schedule. 

You can also make additional payments or pay off your draw early through your Bluevine dashboard. 

Weekly repayment plan

Under our weekly repayment plan, repayments are automatically debited from your primary bank account each week on the same day of the week the draw was initiated. If you have multiple draws in repayment, repayments for each draw will be debited separately on whichever day of the week the individual draw was initiated.

To change which day of the week your repayments are initiated, reach out to our support team.

Monthly repayment plan

With our monthly repayment plan, your monthly repayment date for all draws will occur on the same day each month. The day of the month for your repayments will be set when your application is approved and your agreements have been signed.

To change your monthly repayment date, see our support article for more information.