This is a great opportunity to help compress recievables on those huge lead time projects. One of our clients recently went through a merger. As is the case most of the time, the newly formed company needed to buffer the bottom line for the stock holders. When that happened in this case, they changed their payables from net 75 to a net 90+5. This put us in a position that we could not longer work with that client. After some discussion, we were able to present BlueVine as an alternative that was acceptable to the client and to our company. Great opportunities!!! Great People!!!! One word of warning: Never use BlueVine without paying your AP accounts at the release of funds from the BlueVine advance.
John Dixon | 2017-01-23 22:32:12
Filed a UCC on our business even though they never lent a penny and now continuously fail to file the UCC termination... Even after saying they would multiple times. The public UCC filing triggered our business name going onto direct telemarketing calling lists, resulting in having to deal with more than a dozen phone calls a day from other finance companies trying to loan us money. If you go this route, add lots of time in your schedule for answering your company business line for cold callers.
Patrica Kieren | 2016-09-29 20:14:19
So glad that I found Blue Vine. I use their services as a line of credit to keep my business running smoothly. The dash board is so easy to use, the payments are prompt. The customer service is superb! The associates are very helpful...more like partners! We will have a long relationship...
Michael Kentley | 2016-09-29 20:25:06
We've used BlueVine twice. It just works. The setup process was quick. Funding is quick. When the client pays their invoice, BlueVine is right on top of it and settles the account quickly. This is a great service if your clients are rock-solid pay on time but with NET 30+ terms. Don't use it with clients who pay "net whenever", as the costs will add up quickly, and you're on the hook for the balance.
BettiMarie Magana | 2016-09-29 20:51:32
Blue Vine has been great to me and my company. They have really helped out with the cash flow for my business. I have no complaints. I can genuinely say it's been easy factoring with them. They have not given me a hard time in fact the communication is great and Caroline has been very helpful. I really recommend BlueVine if you're looking for a factoring company. Give them a shot before you go with any other factoring company!