Clearco fees have no periodic nor compounding interest. You will know exactly how much you are paying up front before you sign the contract and that fee will never increase throughout the payment process. Depending on the available plan you select, a flat fee will be associated with that option for you to review and accept.

You will receive your estimated payment schedule prior to accepting the terms and conditions. Payments are automatically debited from your bank account on the relevant date.

Clearco’s payment structure is a weekly capped amount and will only debit the amount specified in your agreement. If your revenue falls below a certain threshold, your weekly payment will be adjusted and can be less than the capped amount on your payment schedule. The remainder is added to the end of your payment schedule to provide your business with additional cash flow relief.

You can submit any eligible expense related to your business. We currently support international and domestic wires and ACH payments.

Each application to fund an invoice will go through a quick review process to determine eligibility.

We currently support 40 different currencies, so if you have overseas suppliers, we’ve got you covered. We convert to the current market rate for payment and charge a 0.5% FX fee if applicable.  

You can choose the date you want to send the funds when you upload the invoice.

• For domestic wires/ACH, they typically land in 0-2 business days.
• For international wires, they typically land in 0-3 business days.

We suggest submitting invoices with an appropriate buffer 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 only based on historical data and are subject to change. As the payments may need to go through and be processed by various banks, including your vendor’s bank, we do not guarantee them, and you are solely responsible for ensuring that your vendor is paid on time.