Overview
Bluevine is a financial technology company that began as an invoice factoring business and has since become a business banking platform. Its Better Business Bureau profile lists a business start date of July 8, 2013 and a headquarters at 500 Arguello Street in Redwood City, California, with other locations in Jersey City, New Jersey, and Gretna, Louisiana. Its About page says it was founded more than ten years ago to build better banking for growing businesses.
The headline for anyone researching factoring is simple: Bluevine does not offer invoice factoring in 2026. In January 2022, Toronto-based FundThrough acquired Bluevine's invoice factoring business. The International Factoring Association's report on the deal says all of Bluevine's invoice funding staff joined FundThrough and that the deal was expected to double FundThrough's US client count. Bluevine's co-founder and chief executive, Eyal Lifshitz, said at the time that FundThrough was well placed to serve Bluevine's factoring clients. BetaKit, which interviewed FundThrough's chief executive, reported that factoring was Bluevine's founding product but was no longer core to the company.
Bluevine's current site confirms the change. Its menus list business checking, payments, a line of credit, term loans and SBA loans, with no factoring product. The address that used to host its invoice factoring page now loads the general homepage.
We keep this profile because many owners still search for Bluevine factoring, and because older comparison articles across the web still describe a factoring product that no longer exists. If you were a Bluevine factoring client before 2022, your account moved to FundThrough.
The history still matters if you are comparing options. Factoring was Bluevine's founding product, and its online approach, with funding requested from a dashboard rather than through paperwork, is now common across fintech factors. When it sold the business, it chose a buyer with a similar model rather than closing the accounts, so clients were transferred instead of being left to find a new factor and negotiate a buyout. If you still hold paperwork that names Bluevine as your factor, check whether a UCC financing statement filed under the Bluevine name remains on record against your business, and ask FundThrough or Bluevine to confirm it has been assigned or terminated. A stale lien can hold up a new loan or a switch to another factor. Our guide to switching factoring companies covers lien releases.
Rates, advances and fees
Since Bluevine no longer buys invoices, there is no factoring rate, advance rate or reserve to report. What it offers instead is credit.
Its main financing product is the Bluevine Line of Credit. The line of credit page lists credit lines of up to $250,000, with rates as low as 7.8% for top qualifying customers and no maintenance fees. That 7.8% is the best-case rate for the strongest applicants, not a typical price, so expect a higher figure on most offers. The line is issued by Celtic Bank, and the page states that Bluevine is a financial technology company, not a bank.
The same page sets out minimum requirements: $10,000 in monthly revenue, a personal FICO score of 625 or higher, and at least 12 months in business, with the business organized as a corporation or LLC and in good standing with no bankruptcies on file. That is a higher bar than most factoring companies set, because factors lend mainly on the strength of your customers, not your own credit history.
Bluevine also lists term loans of up to $500,000 through its lending partners, with repayment terms of up to 24 months, and connects applicants to SBA 7(a) loans of up to $350,000 through a partnership with Fundera by NerdWallet. Applying for the line of credit also puts you in front of its partner lending network for other offers.
A line of credit can be cheaper than factoring for a business that qualifies, but the two products work differently. Our guide to factoring vs a line of credit walks through the differences.
Contract terms
There is no factoring contract to review. For the line of credit, Bluevine's page says approved borrowers are placed on either a weekly or a monthly repayment plan, with payments debited automatically from the linked bank account. Bluevine re-verifies eligibility when you apply and each month after, which is why it pushes borrowers to connect a bank account or open a Bluevine checking account. Without a connection you must upload bank statements every month, which can delay draws.
Applying and reviewing an offer does not affect your personal credit score, according to Bluevine, but accepting an offer may trigger a hard inquiry. Bluevine also says that a default on the line of credit can lead to negative business and personal credit reporting. That personal exposure is one more way this product differs from factoring, where the main risk usually sits with your customers' ability to pay.
Funding speed and service
Bluevine says it can give a line of credit decision in as little as five minutes and that approved draws can reach your account in as fast as 24 hours, or instantly if you hold a Bluevine Business Checking account. Repayment history is reported to Experian, which can help build business credit if you pay on time.
Its banking side is substantial. Bluevine says business checking is provided by Coastal Community Bank, Member FDIC, with pass-through deposit insurance of up to $3,000,000 per depositor through a network of program banks. The line of credit page says it has helped more than 1 million US businesses with funding and banking.
Bluevine's BBB profile shows an A+ rating and 330 complaints in the last three years. That count covers a large banking and lending customer base, so it is not directly comparable with a single-office factor, but it is high in absolute terms. Read recent complaints before relying on any account-level service promises.
Who it's for
For factoring, Bluevine is not an option. Businesses that want to sell invoices, have a factor take over collections, or get funded on the strength of their customers' credit should look at a factoring company.
Bluevine's current products suit established small businesses, at least a year old and earning at least $10,000 a month, that want a revolving credit line alongside an online business checking account. Owners with limited operating history or a personal credit score below 625 will not meet its stated line of credit requirements, which is exactly the situation where factoring tends to help.
Pros and cons
Pros
- Clear about what it is: a fintech whose banking and lending are provided by partner banks
- Line of credit up to $250,000 with no maintenance fees
- Line of credit decisions in as little as five minutes
- Draws in as fast as 24 hours, or instantly with Bluevine checking
- Applying does not affect your personal credit score
- Former factoring clients were transferred to FundThrough rather than dropped
Cons
- No invoice factoring since its factoring business was sold in January 2022
- Line of credit requires $10,000 a month in revenue, a 625+ FICO score and 12 months in business
- The 7.8% rate applies only to top qualifying customers
- Accepting an offer may trigger a hard credit inquiry, and defaults can be reported on your personal credit
- 330 BBB complaints in the last three years
- Older third-party reviews still describe a factoring product that no longer exists
How it compares
If you came looking for Bluevine's factoring, the direct successor is FundThrough, which bought that business and publishes flat per-30-day pricing. Fundbox is the closest match to what Bluevine offers today: fast, app-based credit lines and invoice-based borrowing, with no factoring. If you want a traditional factor backed by a bank, see altLINE. Our guide to how factoring works explains how selling invoices differs from borrowing against them.
Frequently asked questions
Does Bluevine still offer invoice factoring?
No. Bluevine sold its invoice factoring business to FundThrough in January 2022, and its current website lists no factoring product.
What happened to Bluevine factoring customers?
They moved to FundThrough. The International Factoring Association's report on the deal says Bluevine's invoice funding employees joined FundThrough as part of the transaction.
What does Bluevine offer now?
Business checking through Coastal Community Bank, a line of credit up to $250,000 issued by Celtic Bank, term loans up to $500,000 through lending partners, and access to SBA 7(a) loans up to $350,000 through Fundera by NerdWallet.
What do I need to qualify for a Bluevine line of credit?
Bluevine lists $10,000 in monthly revenue, a personal FICO score of 625 or higher and at least 12 months in business, as a corporation or LLC in good standing.
Is a Bluevine line of credit cheaper than factoring?
It can be for businesses that qualify, since rates start at 7.8% for top customers. But it requires stronger personal credit and revenue than most factors ask for, and you repay it regardless of when your customers pay.