Partnership unlocks up to $250,000 in business financing to 2,800 Certified shops
San Francisco, CA, July 29, 2021 -- RepairPal, the largest trusted auto repair network for high quality and fair prices, announced today its partnership with BlueVine, the leading provider of innovative financial services for small businesses, to provide funding solutions to shops in RepairPal’s Certified network.
RepairPal is thrilled that BlueVine’s funding solutions will help our 2,800 Certified shops grow their businesses. BlueVine’s experience serving small businesses and dedication to customer service makes it a great partner for our nationwide network of repair shops, and its flexible financing provides the right credit line for their funding needs at any stage.
Kathleen Long, VP/GM of Growth at RepairPal.
RepairPal Certified shops undergo a rigorous certification process, guaranteeing high-quality repairs at fair prices, backed by a strong repair warranty. Through the partnership, RepairPal Certified shops gain access to up to $250,000 in business financing with BlueVine. With this Business Line of Credit, shops can pay for inventory, finance expansion, buy equipment, and even out cash-flow during slow months or unforeseen times. RepairPal Certified shops that apply online can get approved as quickly as in five minutes and can get cash in their bank account within hours.
Access to working capital is an important long-term growth strategy that can set any small business up for continued success. BlueVine is delighted to play a role in the growth of RepairPal Certified shops with an easy, reliable, and convenient line of credit.
Steve Allocca, COO of BlueVine
Established in 2007, RepairPal connects consumers with certified trustworthy mechanics throughout the US. Large trusted companies including USAA, CarMax, Consumer Reports and BlueVine send their members and customers to RepairPal Certified shops, knowing they will get high-quality repairs at a fair price. More information is available at www.RepairPal.com.
BlueVine provides small and medium-sized businesses with fast and simple access to financial services built with them in mind. BlueVine's advanced online platform offers an intuitive, convenient solution designed to meet the banking and working capital needs of today's business owners with a suite of products including BlueVine Business Checking, Payments, Line of Credit, and Invoice Factoring. Based in Redwood City, California, BlueVine has provided small and medium-sized businesses with access to more than $14 billion in financing and is backed by leading private and institutional investors, including Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, SVB Capital, Nationwide Insurance, and M12 (Microsoft's Venture Arm). All lines of credit and term loan products are issued by Celtic Bank, a Utah-chartered Industrial Bank, Member FDIC.
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