The specs
BluevineCurrency Capital
Product typeLOCMulti-product
Amount range$10K – $250K$5K – $2M (equipment); $5K – $500K (working capital)
Cost (factor / APR)APR 6.2% – 27% (LOC)APR 6.99% – 24%+ (equipment); APR 20 – 60%+ (working capital)
Speed to fund1 – 3 business daysSame-day pre-approval; 24 – 72 hours to funding
Min time in business12 months6 months
Min monthly revenue$10,000$10,000
Min credit score625+600+
Products
- Line of credit
- Invoice factoring
- Equipment financing
- Working capital
- Equipment leasing
Verdicts by use case
- Revolving line of credit — Winner: Bluevine. Bluevine LOC up to $250K with APR 6.2 – 27% is purpose-built for revolving capital. Currency is equipment-finance-first and has no LOC product. Recurring or fluctuating capital needs favor Bluevine outright.
- Equipment purchase (commercial vehicle, construction) — Winner: Currency Capital. Currency's marketplace across 30+ equipment partners maximizes approval for commercial vehicle, yellow-iron, and construction deals. Bluevine LOC can be deployed for equipment but at higher effective rates without asset-secured pricing. For known equipment, Currency wins on cost.
- Builds business credit — Winner: Tie. Bluevine reports the LOC to commercial credit bureaus. Currency's equipment loans (via partner lenders) typically report depending on the underlying lender. Both build reportable history. Pick on product fit.
- Newer business (6 – 12 months TIB) — Winner: Currency Capital. Currency's 6+ month TIB floor accepts merchants Bluevine declines. Sub-12-month businesses needing equipment are Currency-only in this pair.
- Consistent / predictable pricing — Winner: Bluevine. Bluevine is direct lender with published APR ranges — pricing is predictable. Currency's marketplace model means actual APR varies depending on which partner-lender accepts the file. For predictability, Bluevine wins.
The honest takeaway
Bluevine and Currency Capital 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 have a $30K/mo business needing $80K for delivery vans — which?
- Currency. Delivery vans are perfect Currency marketplace inventory — expect APR in the 7 – 13% range on a 48 – 60 month term, collateralized by the vehicle titles. Bluevine LOC at 14 – 22% APR is materially more expensive for an asset purchase you could otherwise collateralize. Only use Bluevine here if you want to preserve the LOC for working capital separate from the equipment buy.
- I'm at $40K/mo with strong credit and need $60K for general working capital — which?
- Bluevine. The use case is pure working capital, no asset to collateralize. Bluevine LOC at 14 – 18% APR on this file profile beats Currency's working capital pricing (typically 25 – 40% APR through partner lenders for non-equipment use). Bluevine's revolving structure is also better for unpredictable capital needs than a fixed-term loan.
- Can I run a Bluevine LOC and a Currency equipment loan simultaneously?
- Yes, common combination. Bluevine's LOC covenants require disclosure of outside debt at draw — disclose the Currency loan. The Currency equipment loan is asset-secured, so it doesn't typically conflict with Bluevine's general LOC. Most files accept the stack. Cash management: Bluevine monthly interest on drawn balance plus Currency monthly equipment payment — workable structure for most established merchants.