10 Largest Factoring Companies in the US

6. BlueVine

Revenue: $48.60 M
Number of employees: 281
Minimum Rate Percentage: 0.25%
Maximum Account Receivable: $5 million

In need of fast and flexible funding for your business? BlueVine is here to help you. BlueVine was founded in 2013 by CEO Eyal Lifshitz in Silicon Valley and since then, has helped over 155,000 business owners in funding a total amount of $6.5 billion. Aside from invoice factoring, BlueVine offers a variety of financial solutions such as business term loans and credit. During the Coronavirus pandemic alone, BlueVine provided relief loans to small business owners amounting to $4.5 billion through their Paycheck Protection Program. Recently, BlueVine settled a $75 million revolving credit with the help of Atalaya Capital Management, a private credit investment manager in New York. The capital will be used to fund the expansion of BlueVine in their best-in-class Line of Credit funding solution.
BlueVine is the best factoring company as the rates start at only 0.25% per week. So if your business is low on cash, don’t worry. The approval process is pretty fast as you can be approved in 24 hours.

Click to continue reading and see the 5 largest factoring companies in the US.

Suggested Articles:

• 10 Biggest Investment Banks In The World
• 15 Largest Insurance Companies in the World

Disclosure: None. 10 Largest Factoring Companies in the US is originally published at Insider Monkey.

Note: We have amended the rankings to correctly reflect the revenue of Triumph Business Capital.