BlueVine is expanding its reach in online business lending with new debt financing of up to $130 million and a new additional line of credit product that allows business owners to make monthly, instead of weekly, payments, over 12 months.
BlueVine, the leading provider of working capital financing to small and medium-sized businesses, secured significant debt capital financing from leading banks and investors. The company is proud to partner with Silicon Valley Bank, SunTrust Bank, Bank Leumi and TriplePoint Venture Growth BDC Corp. in its latest fundraising activities. The new funds will support the scaling of BlueVine’s pioneering online invoice factoring product and the company’s overall growth.
Including the latest investments, BlueVine, which was founded in 2013, has raised…
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