Bluevine Inc.

Bluevine is a financial technology company based in Redwood City, California, that provides banking and lending products specifically designed for small businesses. Founded in 2013, Bluevine operates entirely online, with no physical branch network.

Bluevine's main products include a business checking account, a business line of credit, and invoice factoring for qualifying businesses. The business checking account comes with features aimed at small business owners, including interest on balances and the ability to create sub-accounts for different purposes. The line of credit allows eligible businesses to draw funds up to an approved limit and repay over time, providing flexible working capital.

As an online lender and fintech company, Bluevine can make credit decisions faster than most traditional banks. This can be useful for small businesses that need quick access to funds to cover payroll, inventory purchases or unexpected expenses. That said, online lenders like Bluevine typically charge more than banks and credit unions, and business owners should compare the full cost of borrowing against other options before committing.

Bluevine's line of credit is generally aimed at businesses with established revenue rather than brand new startups. The company considers factors like time in business and annual revenue when evaluating applications. Invoice factoring, where Bluevine advances funds against outstanding customer invoices, can suit businesses that invoice other businesses and have cash tied up waiting for customers to pay.

Bluevine operates across the United States. If you are considering Bluevine, it is worth comparing its products against those offered by your own bank, a local credit union and other online lenders to get a full picture of your options.