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07-05-2016, 06:46 PM #1
- Join Date
- May 2016
- Location
- San Francisco & New York City
- Posts
- 75
With regard to BlueVine, I thought I'd clarify a few things in response to FCF Fund's post. Seems like there might have been a slight misunderstanding / miscommunication on terms.
We can extend revolving lines of credit up to $100,000 and our rates are 0.5% to 1.2% per week (or 2% to 4.8% per MONTH) only paid on the DRAWN amount...not on the open balance. Additionally, because there are no prepayment fees on our LOC, our clients tend to draw down and prepay multiple times over the 6-month term.
FCF Fund is correct about Kabbage not accepting new ISOs. I'd be happy to sign you all up with BlueVine, however.
✉ partnerinquiry@bluevine.comLast edited by matt.estes; 05-10-2017 at 04:34 PM.
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