The specs
BluevineBankers Healthcare Group (BHG)
Product typeLOCTerm
Amount range$10K – $250K$20K – $500K (professional loans); up to $200K credit cards
Cost (factor / APR)APR 6.2% – 27% (LOC)APR 9 – 25% (term loans); business credit cards separate
Speed to fund1 – 3 business days3 – 7 business days after document review
Min time in business12 months24 months
Min monthly revenue$10,000Practice / professional income basis — not monthly revenue
Min credit score625+700+
Products
- Line of credit
- Invoice factoring
- Professional term loans
- Practice acquisition loans
- Business credit cards
- Patient financing
Verdicts by use case
- Licensed professional (physician, dentist, vet, attorney, CPA) needing $50K+ planned capital — Winner: Bankers Healthcare Group (BHG). As of 2026-06-28 BHG's professional term loan at 9 – 25% APR on a 5 – 10 year amortization is materially cheaper than Bluevine's 6.2 – 27% LOC APR for any planned multi-year capital need over $50K. A $100K BHG loan at 13% APR over 7 years costs roughly $42K total interest; the same $100K drawn fully on a Bluevine LOC at the high end of its APR band over 18 months costs roughly $18K — but the short LOC term means $6K+ monthly payments vs BHG's $1,800/mo equivalent. For licensed professionals planning multi-year deployment BHG is structurally the right product shape.
- Revolving working-capital line for A/R timing or seasonal gaps — Winner: Bluevine. Bluevine is a true revolving line of credit — draw, repay, redraw without re-underwriting, up to the approved $250K cap. BHG's professional term loan is a fixed lump-sum disbursement with monthly amortization — wrong product shape for revolving needs. For a dentist who needs $40K available 2 – 3 times per year for insurance-reimbursement timing gaps Bluevine's LOC is structurally correct.
- Non-licensed-professional business (restaurant, retail, trucking, services) — Winner: Bluevine. BHG only funds licensed professionals — restaurants, retail, trucking, contractors, and unlicensed services are structurally ineligible. Bluevine's bank-statement underwriting (625+ FICO, 12+ months TIB, $10K+/mo revenue) works for any vertical. For non-professional SMBs Bluevine is the only option in this pair.
- Sub-700 FICO licensed professional — Winner: Bluevine. BHG's 700+ FICO floor is firm — sub-700 credit declines automatically regardless of profession. Bluevine's 625+ FICO floor is more accommodating. A 660-FICO dentist with 18 months TIB can access Bluevine's LOC while working on credit improvement to qualify at BHG later.
- Building business credit over time — Winner: Bluevine. Bluevine reports to business credit bureaus (PAYDEX, Experian Business) on every draw and repayment, building a documented business credit profile that supports future bank loans, SBA pricing, and trade credit. BHG reports the professional term loan to credit bureaus at origination and ongoing but the lump-sum structure doesn't build the same revolving-credit history. For merchants building toward bank-grade financing Bluevine's reporting pattern is structurally more useful.
The honest takeaway
Bluevine and Bankers Healthcare Group (BHG) solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.
Frequently asked questions
- I'm a vet with 710 FICO and a $75K equipment need — Bluevine LOC or BHG term loan?
- BHG term loan, for this use case. $75K equipment financing is a fixed-purpose, multi-year capital need that matches BHG's term-loan product shape — 5 – 10 year amortization at 12 – 16% APR keeps monthly payments around $1,200 – $1,500 and total interest cost predictable. Drawing $75K on a Bluevine LOC at 20% effective APR and paying it back over 18 months costs roughly $13K in interest but requires $4,500/mo payments — much harder on practice cash flow than BHG's amortization. Save the Bluevine LOC for true revolving needs (A/R timing, seasonal swings) where revolving access matters more than amortization.
- Can I have both a BHG term loan and a Bluevine LOC active simultaneously?
- Yes, and many established professional practices run exactly this combination. BHG term loan handles primary capital deployment (equipment, expansion, acquisition) with the cheaper 5 – 10 year amortization. Bluevine LOC sits as standing revolving capacity for short-term A/R gaps or insurance-reimbursement timing. The LOC is free until drawn (Bluevine charges interest only on outstanding balance), so the cost overhead is minimal until you actually use it. Disclose each product when applying for the other — standard practice and rarely affects approval for clean professional files. Combined debt service should stay under 18% of trailing practice revenue.
- Why won't BHG fund my restaurant or retail business?
- BHG underwrites against a professional license + practice/professional income — physicians, dentists, vets, attorneys, CPAs, optometrists, financial advisors, and other licensed categories. Restaurants, retail, trucking, contractors, and unlicensed services don't fit the underwriting model. The licensed-professional focus is what lets BHG offer 9 – 25% APR pricing — they're underwriting a low-default borrower category. For non-licensed SMBs the right alternatives in cost order: Bluevine LOC (for qualifying merchants at 625+ FICO and 12+ months TIB), then Credibly MCA (for B/C-paper merchants who don't clear Bluevine's floor), then SBA via Live Oak or Newtek for borrowers who can wait 30 – 60 days for the cheapest non-MCA capital.