Question 1

Is this a lender?

Accepted Answer

No. Bluecove is a brand of Truelabel Inc, which is not a lender and doesn’t make credit decisions. Your application goes to a funding partner, which reviews it and makes every funding decision.

Question 2

How much can my business get?

Accepted Answer

Our funding partners offer working capital from $5,000 to $500,000. The amount you’re offered depends on your business, including its sales and time in business.

Question 3

How fast can I get funded?

Accepted Answer

Same-day funding is available after final approval, Monday to Friday. Timing varies.

Question 4

What do I need to apply?

Accepted Answer

Basic details about you and your business: your EIN, address, sales over the last 12 months and ownership. A funding specialist may also ask for recent business bank statements.

Question 5

Will my credit be checked?

Accepted Answer

Yes. As part of the review, our funding partner may obtain business and personal credit reports. You authorize this on the last step of the application.

Question 6

Does it cost anything to apply?

Accepted Answer

No. The funding analysis is free.