Is your ecommerce business preparing for Black Friday and Cyber Monday deals? Keep your receipts! Clearco is excited to announce that purchases made by your ecommerce business within the past 60 days are eligible for Receipt Funding, with a maximum reimbursement of up to $1,000,000 USD. Whether it's for Invoice Funding, Receipt Funding, or a mix of both, Clearco offers flexible options to support your business during the busiest ecommerce season.

Ecommerce merchants looking to add to their working capital reserve can mix and match Clearco options to perfectly match working capital needs. From outstanding invoices to reimbursements for receipts that have already been paid, ecommerce brands have a mix of founder friendly optionsfor working capital. 

Working capital offers merchants additional flexibility when planning for funding, especially during ecommerce’s busiest time of year.  Merchants can simply upload receipts from payments to suppliers, for ad spend, or from other approved vendors. Clearco’s Receipt Funding is easy, fast, and adapted to fit the needs of ecommerce businesses – meaning your business can access funds in as little as 24 hours. 

Why Fund Your Black Friday and Cyber Monday Spend with Clearco?

Ecommerce businesses start planning Black Friday and Cyber Monday deals months in advance, and for good reason. Black Friday sales in 2023 reached a record high of $9.8 billion, fueled by growth in sectors like sporting goods, handbags, and footwear. In a survey done by WooCommerce, over half of ecommerce stores generating more than $1M each year plan at least a month ahead of BFCM. 

Planning is critical to making the most of a successful shopping season – but with long lead times from suppliers or slow shipping, funding inventory, ad spend, or warehouse space can tie up capital well in advance of the item's sale. Funding receipts or invoices with Clearco helps ecommerce businesses stay ahead of hefty payments on BFCM spend. 

How Clearco Supports Ecommerce Businesses for Black Friday and Cyber Monday

1️⃣Flexible Funding Options

Ecommerce brands can access capital at any time after uploading receipts from previous purchases made in the past 60 days. For advertising spend, influencer partnerships, or inventory that must be ordered in advance, Clearco’s Invoice Funding pays suppliers directly on your ecommerce brand’s behalf. If your ecommerce business needs working capital after the purchase has been made, Clearco’s Receipt Funding is available to help keep up with BFCM deals. 

2️⃣ Use Only What You Need

Clearco funding is fast, flexible, and fair: Clearco funding helps ecommerce merchants access working capital and use only what they actually need. Traditional Merchant Cash Advances (MCAs) draw funds from the customer’s account for daily repayment after receiving a lump-sum amount, which can sometimes be more than your business requires. 

Clearco’s Receipt and Invoice Funding is offered relative to your business’ receipts, which means you only pay fees on what you borrow – and what you need.  

3️⃣ Fixed, Scheduled Repayment

Traditional MCAs and RBF options require repayment daily – usually a fixed percentage of daily sales. As customers make higher numbers of sales during the BFCM season, these repayments become larger as well. 

Not only does Clearco debit customer accounts only once a week (and always on the same day), Clearco funds working capital without the daily percentage rate. Invoice Funding and Receipt Funding fees are capped at a set weekly amount – so as your ecommerce brand’s sales will (hopefully) soar during the BFCM season, fixed weekly payments leave more in your ecommerce brand’s pocket over time. 

Why Working Capital is Key for Black Friday and Cyber Monday

 Working capital can be a powerful catalyst for growth. Heading into peak seasons for sales is the perfect time to consider options for working capital funding. As inventory or marketing costs rise and profits are still on the cusp of being realized, freeing up capital for other business needs makes it easier to manage day to day operations. Thanks to the additional flexibility offered by Clearco’s funding platform, ecommerce brands can make the most of BFCM deals. 

Key Benefits of Clearco's Receipt and Invoice Funding

• Fast funding within 24 hours after uploading receipts.
• Flexible options for both invoices and receipts.
• Capped weekly payments with no daily deductions from sales.
• Available funding up to $1,000,000 USD to prepare your business for the BFCM season.

Get Your Receipts Funded: Fast, Flexible, and Founder-Friendly

As ecommerce businesses gear up for Black Friday and Cyber Monday, Clearco offers the flexibility, speed, and control needed to manage capital efficiently. Whether you’re funding receipts for ad spend, inventory, or supplier payments, Clearco helps your business stay ahead of the competition this holiday season.