The specs
NewCo Capital GroupBluevine
Product typeMCALOC
Amount range$5K – $500K$10K – $250K
Cost (factor / APR)Factor varies by paper; competitive for A-paperAPR 6.2% – 27% (LOC)
Speed to fundApproval in 3 hours; funding in 24–48 hours1 – 3 business days
Min time in business12 months12 months
Min monthly revenue$100,000$10,000
Min credit score550+625+
Products
- MCA
- Working capital line
- Line of credit
- Invoice factoring
Verdicts by use case
- Large lump-sum deployment — Winner: NewCo Capital Group. NewCo Capital's $500K MCA cap easily handles large one-shot deployments. Bluevine's $250K LOC is structured for draw-and-repay, not large one-time uses.
- High-volume merchant ($100K+/mo) — Winner: NewCo Capital Group. NewCo is built for $100K+/mo revenue merchants — their $100K floor reflects this. Bluevine's $10K/mo floor accepts smaller operators but doesn't underwrite as aggressively at the high end.
- Cheapest cost of capital if you qualify — Winner: Bluevine. Bluevine LOC at 6.2 – 27% APR will cost meaningfully less than a NewCo MCA at 1.20+ factor on equivalent dollar amounts — if you clear the 625+ FICO and 12+ month TIB bar.
- Recurring / revolving capital need — Winner: Bluevine. Bluevine LOC is purpose-built to draw, repay, redraw. NewCo MCA is one lump sum repaid via daily ACH — wrong product shape for recurring needs.
- Speed to fund — Winner: NewCo Capital Group. NewCo approves in 3 hours and funds in 24 – 48 hours. Bluevine takes 1 – 3 business days after approval — slower start-to-finish on first draw.
The honest takeaway
NewCo Capital Group and Bluevine 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 $30K/mo merchant — which?
- Bluevine. You're well below NewCo's $100K/mo floor; they likely decline. Bluevine's $10K/mo floor accepts you, and the LOC structure is more flexible for a smaller operator's cash flow.
- I'm a $200K/mo restaurant group — which?
- Get quotes from both. NewCo's MCA is built for your revenue tier; Bluevine LOC is cheaper if your credit and TIB clear their bar. Take the lowest APR-equivalent.
- Does NewCo report to business credit?
- MCAs are structured as a purchase of future receivables, not loans, and typically don't report to commercial credit bureaus. Bluevine does report. If building business credit matters, Bluevine wins on that dimension alone.