Case Study: BlueVine scales small business lending and delivers PPP loans with Ocrolus

BlueVine delivers $4.5B+ in PPP loans with Ocrolus

BlueVine, a provider of financial services to small- and medium-sized businesses, faced the challenge of rapidly delivering critical PPP loans to support struggling businesses at the onset of the COVID-19 pandemic. They needed to build a new product quickly to meet SBA specifications and provide access to capital. To achieve this, they leveraged their own technology and the services of their vendor, Ocrolus.

By utilizing its flexible, scalable platform, Ocrolus enabled BlueVine to develop and launch its PPP loan product in just a few days. This solution allowed BlueVine to process a massive volume of applications efficiently. The results were significant: Ocrolus helped BlueVine deliver over $4.5 billion in PPP loans, funding 155,000 small businesses and saving an estimated 470,000 jobs.

BlueVine