Bluevine is an online lender that offers lines of credit, SBA 7(a) loans through a partnership with Fundera and business term loans through its lending partners. It can fund your credit line within 24 hours after approval, has options for businesses with credit scores as low as 625 and requires at least one year in business to qualify. Unlike some providers, there are no origination, draw or maintenance fees on its credit lines. But Bluevine might not be the best fit for you. Some of Bluevine’s competitors offer faster, less expensive or more flexible options. Sole proprietors and partnerships may particularly want to consider these alternatives, since businesses with those structures have limited options at Bluevine.
Lendzi is a convenient option for business owners looking to streamline the loan search process. As a loan marketplace with over 60 lending partners, Lendzi helps connect you with lenders offering financing from $5,000 to $20 million. With a quick online application, you can explore loan options tailored to factors like your credit history, business revenue and overall financial profile.
Lendzi works with borrowers across all credit scores and has earned strong reviews on platforms like Trustpilot and the Better Business Bureau (BBB), pointing to excellent customer service. Just keep in mind that working with multiple lenders may result in follow-up marketing calls and emails, even after securing a loan.
Loan amount
$5,000 – $20,000,000
APR
Varies by lender
Min. Credit Score
580
Lendzi is a convenient option for business owners looking to streamline the loan search process. As a loan marketplace with over 60 lending partners, Lendzi helps connect you with lenders offering financing from $5,000 to $20 million. With a quick online application, you can explore loan options tailored to factors like your credit history, business revenue and overall financial profile.
Lendzi works with borrowers across all credit scores and has earned strong reviews on platforms like Trustpilot and the Better Business Bureau (BBB), pointing to excellent customer service. Just keep in mind that working with multiple lenders may result in follow-up marketing calls and emails, even after securing a loan.
Pros
Fast funding possible
Options for poor credit
In-house loan specialists to guide you
Cons
Rates and fees aren't disclosed
Some loan options are pricey
Full list of partners isn't available
Loan amount
$5,000 – $20,000,000
APR
Varies by lender
Min. Credit Score
580
Loan term
6 months to 25 years
Requirements
Minimum credit score of 580, minimum annual revenue of $120,000, preferably one to two years in business
Rapid Finance offers SBA loans designed to provide small businesses with long-term, flexible financing options. These loans are partially guaranteed by the government, which allows for lower interest rates and extended repayment terms. You can use them for various purposes, including business expansion, equipment purchases and working capital needs. SBA loans typically take longer to fund than other options, but Rapid Finance helps streamline the process so you might get your funds faster than with a bank.
Loan amount:
$500 to $5.5 million
APR:
Not specified
Loan term:
1 to 30 years
Rapid Finance offers SBA loans designed to provide small businesses with long-term, flexible financing options. These loans are partially guaranteed by the government, which allows for lower interest rates and extended repayment terms. You can use them for various purposes, including business expansion, equipment purchases and working capital needs. SBA loans typically take longer to fund than other options, but Rapid Finance helps streamline the process so you might get your funds faster than with a bank.
Pros
Lower interest rates than most business loans
Repayment terms up to 30 years
Excellent reviews on Trustpilot
Cons
Application and approval process can take several weeks
May require collateral or personal guarantee
Tougher eligibility and documentation requirements
Loan amount:
$500 to $5.5 million
APR:
Not specified
Loan term:
1 to 30 years
Min. Credit Score:
Not specified
Requirements:
Not-for-profit in the US, Valid ID, Business bank account, 3 months of business bank statements, 2 years of business tax returns, Schedule of debts
While Bluevine started as an invoice factoring provider, it sold its factoring business to FundThrough in early 2022. This new-and-improved version offers higher advances than previously available through — up to 100%, minus fees.
Unlike most factoring companies, FundThrough integrates with QuickBooks Online and OpenInvoice to automate the application process — with no paperwork required. The automated process means it can send you the funds as soon as the next business day. It also doesn't require you to sign a contract committing to months of financing or factoring services.
Loan Amount
Up to $10 million
Fee for Terms
2.75% to 8.25%
While Bluevine started as an invoice factoring provider, it sold its factoring business to FundThrough in early 2022. This new-and-improved version offers higher advances than previously available through — up to 100%, minus fees.
Unlike most factoring companies, FundThrough integrates with QuickBooks Online and OpenInvoice to automate the application process — with no paperwork required. The automated process means it can send you the funds as soon as the next business day. It also doesn't require you to sign a contract committing to months of financing or factoring services.
Pros
Advance rates up to 100%
No commitment
Fully automated application
Next-day funding available
Cons
Integrating accounting software required
Not all software is compatible
Minimum invoice amounts apply
Construction and real estate industries not eligible
Loan Amount
Up to $10 million
Fee for Terms
2.75% to 8.25%
Min. Credit Score
500
Loan Term
1 to 3 months
Requirements
At least $100k in accounts receivable to one customer, invoice business-to-business (B2B) or government agencies, invoices are for completed work, no construction or real estate, no explicit liens on receivables
The American Express Business Line of Credit offers a very similar line of credit to Bluevine. It offers a quick, no-doc application for a low-fee line of credit. There are no prepayment penalties, application fees or origination fees.
However, instead of interest, the American Express Business Line of Credit charges a flat monthly fee based on your loan term. A 6-month line of credit ranges from 3% to 9%, 12-month terms are 6% to 18%, 18-month terms range from 9% to 27% and 24-month lines of credit can range from 12% to 18%.
It offers slightly lower credit limits compared to Bluevine's $5,000 minimum. And like Bluevine, it only requires one year in business, making it an attainable option for newer businesses. But it requires a higher credit score than Bluevine, of at least 660.
Loan amount
$2,000 to $250,000
APR
Fee based
Min. Credit Score
660
The American Express Business Line of Credit offers a very similar line of credit to Bluevine. It offers a quick, no-doc application for a low-fee line of credit. There are no prepayment penalties, application fees or origination fees.
However, instead of interest, the American Express Business Line of Credit charges a flat monthly fee based on your loan term. A 6-month line of credit ranges from 3% to 9%, 12-month terms are 6% to 18%, 18-month terms range from 9% to 27% and 24-month lines of credit can range from 12% to 18%.
It offers slightly lower credit limits compared to Bluevine's $5,000 minimum. And like Bluevine, it only requires one year in business, making it an attainable option for newer businesses. But it requires a higher credit score than Bluevine, of at least 660.
Pros
No prepayment, origination or application fees
Online no-doc application
Only requires one year in business
Cons
Requires higher credit than Bluevine
Previous servicer filed for bankruptcy
Some industries may be ineligible
Loan amount
$2,000 to $250,000
APR
Fee based
Min. Credit Score
660
Loan term
6, 12, 18 or 24 months
Requirements
1 year in business, valid business checking account
This information was collected independently by Finder.
OnDeck is an online lender offering business term loans and lines of credit. Unlike Bluevine, OnDeck can fund your loan within a matter of minutes. Instant funding is available for $1,000 to $10,000 transactions at no extra cost. For other draws, funding time is one to three business days.
While that speed is impressive, rates start at a high , making it potentially more costly than Bluevine. OnDeck also states that the average rate for lines of credit is 57.1% APR. With rates that high, you should only consider OnDeck if you're in a tough spot and have exhausted all other options.
Loan amount
$6,000 to $100,000
APR
35.9%
Min. Credit Score
625
OnDeck is an online lender offering business term loans and lines of credit. Unlike Bluevine, OnDeck can fund your loan within a matter of minutes. Instant funding is available for $1,000 to $10,000 transactions at no extra cost. For other draws, funding time is one to three business days.
While that speed is impressive, rates start at a high , making it potentially more costly than Bluevine. OnDeck also states that the average rate for lines of credit is 57.1% APR. With rates that high, you should only consider OnDeck if you're in a tough spot and have exhausted all other options.
Pros
Same-day funding available
Builds business credit history
No draw fees
Cons
High starting interest rates
No invoice factoring
Origination fees may apply
Loan amount
$6,000 to $100,000
APR
35.9%
Min. Credit Score
625
Loan term
12, 18 or 24 months
Requirements
1 year in business, 625 FICO score, $100,000 in annual revenues, business checking account
Fundible is an online lender that offers several financing options for small and mid-sized businesses. Its business term loans are built for speed and flexibility, whether you need funds for expansion, equipment or just to smooth out your cash flow. One thing that sets Fundible apart is how accessible it is — businesses with credit scores as low as 500 and just six months under their belt may still qualify. The application is quick and straightforward, with the chance to get approved and funded as soon as the same day.
Loan amount
$1,000 – $6,000,000
APR
Starting at 0.75% per month
Min. Credit Score
500
Fundible is an online lender that offers several financing options for small and mid-sized businesses. Its business term loans are built for speed and flexibility, whether you need funds for expansion, equipment or just to smooth out your cash flow. One thing that sets Fundible apart is how accessible it is — businesses with credit scores as low as 500 and just six months under their belt may still qualify. The application is quick and straightforward, with the chance to get approved and funded as soon as the same day.
Pros
Low credit score requirement
Fast funding in as little as 24 hours
Only 6 months in business required
Cons
Origination fees may apply
Expect higher APRs for bad credit
May refer you to a partner lender
Loan amount
$1,000 – $6,000,000
APR
Starting at 0.75% per month
Min. Credit Score
500
Loan term
5 months to 10 years
Requirements
6+ months in business $8,000+ in average monthly revenue 3 months of bank statements
Loan amount
$1,000 – $6,000,000
APR
Starting at 0.75% per month
Min. Credit Score
500
How does BlueVine compare?
Bluevine has grown beyond just lines of credit and is working toward becoming a full-fledged fintech platform. It now offers business checking accounts, insurance products and even a business credit card. Plus, it provides access to SBA 7(a) loans through a partnership with Fundera and business term loans through other lending partners.
Like many online lenders, Bluevine keeps the application process simple with low documentation requirements. Its line of credit still stands out for fair credit accessibility — with a minimum score of 625 — and a high credit limit of up to $250,000. However, it’s become slightly less accessible to newer businesses, now requiring at least one year in operation instead of six months.
While Bluevine no longer offers invoice factoring directly, those services are now handled by FundThrough.
Pros
Offers lines of credit, SBA 7(a) loans, business term loans, and credit cards
Same-day funding available for lines of credit
No origination, draw, or maintenance fees on credit lines
Accepts fair credit (starting at 625)
Online low-doc application
Cons
$5,000 minimum first-time draw for lines of credit
SBA and term loans are offered through lending partners
Limited options for sole proprietors and partnerships
Christi Gorbett is a freelance writer with more than eight years of experience and a master's degree in English. She’s created a wide range of content for banks, financial product comparison sites, and marketing companies on topics like small business loans, credit cards, mortgages, retirement planning, lender reviews, and more.
As a former teacher, Christi excels at making complex financial topics accessible and easy to understand. Her interest in finance grew when she returned to the U.S. after living in South Korea for nearly a decade.
This shift was driven by several personal financial challenges: rebuilding her financial base after the move home, starting her own business, and catching up on retirement savings. These experiences deepened Christi’s practical understanding of finance and intensified her interest in the field. See full bio
BHG Money is a nonbank lender that offers investment, debt consolidation, startup and healthcare-related loans to licensed professionals. Borrow up to $250K with minimal requirements.
What to expect during the business loan application process to cut down on time and stress.
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