What it is
Clearco funds e-commerce companies by paying their supplier and marketing invoices in exchange for a fee, repaid as a percentage of revenue, without taking equity or requiring a personal guarantee.
Who it suits
Online retailers with steady sales that want to fund inventory and marketing without dilution.
How it charges
A flat fee on each invoice funded, repaid as a percentage of revenue until cleared; no interest, equity or warrants.
Getting started
Connect your sales, marketing and bank accounts, receive an offer, then submit invoices for Clearco to pay directly to the vendor.
At a glance
- Product
- Invoice funding (revenue-based)
- Decision speed
- Days
- Security
- Revenue share
- Repayment
- From revenue
- Headquarters
- Toronto
- Founded
- 2015
Strengths
- No equity or personal guarantee
- Funds specific invoices, so spend is controlled
- Scales with sales
Watch for
- E-commerce only
- Fees can be high relative to bank credit
Readers ask2 questions answered
Does Clearco take equity?
No. It charges a fee on the invoices it funds and is repaid from revenue.
Who is eligible?
E-commerce businesses in the US and Canada with a minimum monthly revenue and trading history; connect your store and bank to check.
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