Results 1 to 2 of 2
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06-09-2016, 06:23 PM #1
- Join Date
- May 2016
- Location
- San Francisco & New York City
- Posts
- 75
[BLUEVINE] Send 10 funded business LOC clients & receive $1,500 in bonus commission
Hello everyone,
We've just increased our business line of credit maximum from $30,000 to $50,000. To celebrate the increase, we're offering $1,500 in bonus commission on top the standard per-draw commission structure for brokers who send through 10 funded deals by the end of June.
Our LOC is a true flexible revolver. With no origination or pre-payment fees, merchants are drawing down funds and paying back principal multiple times over the 6-month term. As long as merchants are in good standing, we prefer to renew and roll-over the 6-month term as much as possible. Also note that we can fund behind clients with pre-existing liens and other unsecured LOCs with our own business LOC. And with no fees on the un-drawn balance, we don't see many merchants who wouldn't like additional cash for emergency needs.
We are looking to on-board brokers to our partner program and fund deals immediately. Please reach out to learn more about the partner program! Contact me at partnerinquiry@bluevine.com.
Business Line of Credit
Credit Lines: $5,000-$100,000
Business Segments: B2C, B2B or B2G
Minimum Revenue: $15,000 / month
Minimum Avg. Monthly Bank Balance: $1,000
Minimum Time in Business: 6 months
Owner's Personal Credit: 650 or above
Matt Estes
Business Development | BlueVine
partnerinquiry@bluevine.comLast edited by matt.estes; 05-10-2017 at 04:34 PM.
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06-12-2016, 11:22 AM #2
- Join Date
- Jun 2016
- Posts
- 9
Good morning,
How does the LOC works. Plus, how does a broker get paid. Please send ISO paperwork to workingcapitalsolutionsllc@gmail.com. Thank you.
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