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  1. #11
    Member Reputation points: 4856
    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.com
    Last edited by matt.estes; 05-10-2017 at 04:34 PM.

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