BlueVine is an American answer to the ecommerce line of credit movement led by British companies.
Based in Palo Alto, California, the company exists to help businesses finance the sometimes 30 to 60 day gap between services rendered and final payment. Users link invoices directly to BlueVine software, choosing individual accounts to “get paid” for.
The invoice is paid, the money taken from a line of revolving credit, and is replenished when the client issues payment or the user pays off the balance. Alternatively, there is a new line of credit offering not against invoices.