Frequently Asked Questions

Clearco funds and helps manage invoice/receipt payments for e-commerce brands to free up their cash flow in the present so they can plan for the future. Clearco provides e-commerce brands with working capital to grow; without a loan, equity dilution, or compounding cost of capital, only a flat fee.

Clearco funds e-commerce companies. Our minimum eligibility criteria includes:

  • 12+ months of revenue greater than $10k/month from connected sales platform(s) corporations or limited liability companies
  • Incorporated status in the United States of America (e.g., Corporations, LTD, or LLC) 
  • Valid U.S. checking bank account

Read more about our eligibility requirements on our Help Center

  • Fill in details about your business 
  • Connect your sales and bank account(s)
  • Receive an estimated capacity within 2 minutes
  • Submit invoices and/or receipts 
  • Choose your preferred extension plan
  • Receive your approved funding capacity
  • Finalize your payment schedule preference
  • Your vendors are paid!

    Read more about our sign up process here.

When you connect your business’ e-commerce accounts, Clearco collects and reviews your revenue history. We do this to forecast revenue across all your connected e-commerce platforms to determine your approved funding capacity to put towards your invoices and receipts. Your data is encrypted in transit and at rest.

During your [initial] application process, you will be able to get an estimated funding capacity by providing a self-reported monthly revenue. Once you connect your e-commerce and bank accounts, Clearco will securely sync your data, and in as little as 10 minutes you will see your funding capacity on your Clearco dashboard. 

Your approved funding capacity is provided to you as a range and represents the [maximum] amount we may be able to help fund for your invoices and receipts. As you submit invoices and receipts, your funding capacity will decrease in relation to the size of the invoice submitted and extension plan selected. 

An extension plan shows the anticipated capped payments and the associated fee. You have the option of choosing a 4, 5, or 6 month extension plan. At the start of each month, you will be provided with a refreshed capacity amount, subject to approval.

We want to stick with you throughout your entire business lifecycle. As your business grows and as you pay an extension plan completely, your funding capacity will be recalculated. The more data you connect to Clearco, the higher your available capacity could be.

Clearco charges a single flat fee on customer advances. Those fees can be as low as 5.95% depending on the data we collect, and the selected payment extension plan. There is no equity dilution, undrawn fees, or compounding cost of capital–only a flat fee. You will know exactly how much you pay for the funding upfront before you sign your contract, and that fee will never increase throughout the repayment process.

Your payments are linked to your business’ revenue and Clearco has a remittance rate for payments specified in your contract. We cap your weekly payments to ensure that you never pay back faster than your selected extension period. In the case where you make payments to us for a longer time your fee will not change or increase. Clearco does not charge interest, only a flat fee. 

You can submit eligible expenses related to your business, including inventory, marketing, shipping & logistics, and legal & financial fees.

We currently support international and domestic wires or ACH payments.

Each invoice will go through an application review process (typically 1-2 business days or less) to determine eligibility.

If your business expense cannot be paid via wire or ACH payment, but the vendor falls under our Approved Vendors list, you may be able to submit a receipt of your paid expense along with the invoice within the 60-day period after you pay them. In such cases, we will send the funding to your primary business bank account.

We currently support 4 different currencies, so if you have overseas suppliers we’ve got you covered. We charge a 0.5% commission for non-USD payments and currently support the following currencies.

Supported currencies: EUR, USD, CAD, GBP

You can choose the date you want to send the funds when you upload an invoice, but it must be within the next 90 days.

Domestic wires/ACH: approximately 0-2 business days
For international wires: approximately 0-3 business days

We suggest submitting invoices with a sufficient buffer of days to account for the time required to review your application (typically 1 to 2 business days) plus payment processing time (typically up to 3 business days). 

The processing times are guides based on historical data and are subject to change. Payments may need to be processed by various banks, including your vendor’s bank, so we do not guarantee processing times.

Get your invoices paid and keep your cash flow flowing.

Get Funded