The specs
BluevineFirst Republic Bank Business Loan (now JPMorgan Chase)
Product typeLOCMulti-product
Amount range$10K – $250KHistorically $100K – $25M+ (term + LOC + CRE + middle-market); now routed through JPMorgan Chase Business Banking and Commercial Banking
Cost (factor / APR)APR 6.2% – 27% (LOC)Historically Prime + 1.0 – 3.5% (relationship-priced for high-net-worth and professional-service clients); now JPMorgan Chase Business Banking standard pricing 8 – 14% APR (term + LOC)
Speed to fund1 – 3 business daysHistorically 7 – 21 business days for the full relationship-banking flow; now JPMorgan Chase Business Banking standard 7 – 14 business days
Min time in business12 months24 months
Min monthly revenue$10,000$25,000+/mo typical (legacy First Republic threshold; JPMorgan Chase Business Banking is similar)
Min credit score625+700+
Products
- Line of credit
- Invoice factoring
- First Republic franchise is now part of JPMorgan Chase as of May 2023 acquisition
- Legacy First Republic products are integrated into JPMorgan Chase or wound down
- Current paths through JPM Chase: Business term loans
- Business LOC
- SBA 7(a)
- Commercial real estate
- Private banking-linked business banking for high-net-worth principals
- Treasury management
Verdicts by use case
- SMB searching for First Republic Bank business loan today (2026) — Winner: Tie. As of 2026-06-28 First Republic Bank no longer exists as an independent entity. The May 2023 FDIC seizure and JPMorgan Chase acquisition ended the standalone bank. SMBs searching for 'First Republic Bank business loan' should apply directly through JPMorgan Chase Business Banking. The relevant 2026 comparison is Bluevine vs Chase Business Banking — see /compare/bluevine-vs-chase-business-loan-detailed for the structurally accurate pairwise analysis. This page exists to clarify the brand transition.
- Legacy First Republic high-net-worth client whose private banking relationship was preserved within JPM Chase Private Bank — Winner: First Republic Bank Business Loan (now JPMorgan Chase). Legacy First Republic clients whose relationships transferred into JPMorgan Chase Private Bank retain access to the most preserved version of the original First Republic high-touch model — JPM Chase Private Bank pricing for legacy clients on Lombard / portfolio-secured business loans can land at Prime + 1.5 – 3.0%, materially cheaper than Bluevine LOC at 6.2 – 27% APR (realistic middle quotes 14 – 18%). For the narrow segment of legacy First Republic clients with preserved JPM Chase Private Bank relationships the bank channel is structurally the only sensible option vs Bluevine.
- Newer business between 12 and 24 months TIB without high-net-worth or professional-service angle — Winner: Bluevine. First Republic's legacy 24+ months TIB and 700+ FICO floors are firm (and preserved in JPMorgan Chase Business Banking standard pricing). Bluevine's 12+ months TIB and 625+ FICO floors are reachable for businesses in the 12 – 24 month band. For newer merchants Bluevine is the only structural option in this pair.
- Revolving credit with consistent standing capacity above $100K for generic SMB — Winner: Bluevine. Bluevine LOC is a true revolving line — draw, repay, redraw without re-underwriting, up to $250K with consistent committed capacity. JPMorgan Chase's standard Business LOC for non-legacy non-private-bank applicants operates with periodic review and is not as operationally fluid. For generic SMBs needing flexible revolving capacity in the $100K – $250K band Bluevine's product shape is structurally cleaner. For legacy First Republic clients with preserved JPM Chase Private Bank relationships, the private-bank-tier revolving facilities scale much higher with materially better pricing.
- Professional-service-firm (law firm, medical practice) that was previously a First Republic client — Winner: First Republic Bank Business Loan (now JPMorgan Chase). JPMorgan Chase has substantially preserved the professional-service-firm banking vertical that First Republic excelled at through Chase Professional Practice Banking and Chase Private Bank. Relationship-priced lending for qualifying professional-service firms at 7 – 11% APR materially undercuts Bluevine. Bluevine has no professional-service-firm specialization — the standard SMB LOC underwriting is built for generic SMBs, not for partner-track law firms with capital-account dynamics or medical practices with insurance-receivable structures. For qualifying professional-service firms the JPM Chase channel is structurally the only sensible option vs Bluevine.
The honest takeaway
Bluevine and First Republic Bank Business Loan (now JPMorgan Chase) 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
- Can I still apply for a First Republic Bank business loan in 2026?
- No. First Republic Bank was seized by the FDIC on May 1, 2023 and acquired by JPMorgan Chase on the same day. The First Republic brand has been wound down. SMBs searching for 'First Republic Bank business loan' in 2026 should apply directly through JPMorgan Chase Business Banking, Chase Commercial Banking, or Chase Private Bank. The relevant 2026 comparison for most SMB borrowers is Bluevine vs Chase Business Banking — see /compare/bluevine-vs-chase-business-loan-detailed for the structurally accurate pairwise analysis. Bluevine remains available as a footprint-agnostic supplementary working capital source regardless of which primary bank you choose post-First-Republic.
- I have a Bluevine LOC and was a First Republic client — what's the optimal post-acquisition capital stack?
- Depends on whether your First Republic relationship was preserved within JPMorgan Chase Private Bank. (1) If preserved (most legacy high-net-worth and professional-service-firm clients): keep the JPM Chase Private Bank relationship as your primary commercial banking — the relationship-priced lending at 7 – 11% APR materially undercuts Bluevine for any larger or longer-tenor capital needs. Retain Bluevine LOC as supplementary footprint-agnostic working capital for high-frequency revolving draws that don't justify routing through the JPM Chase Private Bank flow. (2) If not preserved (some legacy clients departed during the post-acquisition transition): you have two realistic paths — stay with JPMorgan Chase Business Banking standard channel (7 – 14 day decisioning, 8 – 14% APR, similar to other money-center banks at this tier) and use Bluevine as supplementary working capital, or move to a competitor private bank (Bank of America Private Bank, Goldman Sachs Private Bank, Morgan Stanley Wealth Management, regional alternatives) and use Bluevine as supplementary working capital. For most SMB applicants without legacy First Republic relationships, the post-2023 comparison is Bluevine vs Chase Business Banking — Bluevine retains the speed and revolving-capacity advantages, Chase Business Banking retains the cheaper-pricing-for-qualifying-borrowers and SBA / CRE channel access advantages. The optimal stack typically includes both products in parallel.
- Why did First Republic Bank collapse and does that affect my ability to get a business loan from JPMorgan Chase now?
- First Republic Bank collapsed in May 2023 due to deposit flight following the Silicon Valley Bank failure in March 2023. The mechanism: First Republic's deposit base was heavily concentrated in high-net-worth and professional-service-firm clients with deposits substantially above FDIC insurance limits ($250K). After SVB's collapse exposed the systemic risk of uninsured deposits, First Republic experienced massive outflow of uninsured deposits over March – April 2023, leading to FDIC seizure on May 1, 2023 and JPMorgan Chase's acquisition the same day. This does NOT affect your ability to get a business loan from JPMorgan Chase in 2026 — Chase is a fully-capitalized money-center bank operating with normal lending capacity. The First Republic acquisition added scale to JPMorgan Chase's private banking and professional-service-firm verticals. For your application, treat JPMorgan Chase as a standard money-center bank — apply through Chase Business Banking for standard SMB needs, Chase Commercial Banking for $5M+ middle-market relationships, or Chase Private Bank for high-net-worth-linked business banking. The 2023 banking turbulence is fully resolved and does not affect 2026 loan availability or pricing. Bluevine remains a viable supplementary option regardless.