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Redwood City small business lending startup has lined up $200m in revolving credit from Credit Suisse to expand its offerings.
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BlueVine said it will now raise the business line of credit it offers from its previous limit of $100,000 to a new limit of $250,000. It doubled the limit on its invoice factoring credit earlier this year to $5 million. The company said it expects its total funded volume since founding to top $1 billion in this year.
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