CA

Clearco review: find the best loan for your company

If you have an e-commerce company that needs a loan, read our Clearco review to learn how they can help you grow!

Clearco: the formerly Clearbanc loan company with great perks!

Get the loan you need to fund your business with Clearco. Source: The Mister Finance.
Get the loan you need to fund your business with Clearco. Source: The Mister Finance.

If you’re a company looking for a loan, you’ve probably come across Clearco. This lender was formerly known as Clearbanc. So, if you need an e-commerce loan for your company, read our Clearco review!

clearco logo

How to apply for Clearco loans?

If you have an e-commerce company that needs funding, read our post about the Clearco application!

APR*Inventory fees are 12%.
*Terms apply.
Loan PurposeE-commerce loans.
Loan AmountsFrom $10,000 to $20 million.
Credit NeededNot informed.
TermsDepends on your loan purpose and company type.
Origination FeeCheck your own loan page to see this fee.
Late FeeCheck your own loan page to see this fee.
Early Payoff PenaltyCheck your own loan page to see this fee.

If you need a flexible loan that’s more of an investment for your company to grow, Clearco can help you out! You’ll find that their lending business understands your company’s needs!

Moreover, you can find loans available for many countries, not just Canada. And you can get an investment in your company of up to $20 million! So, you can read on to learn more about this incredible lender next in our Clearco review.

How does the Clearco Loan work?

Clearco is a lending company that was created to help other founders grow their businesses. Not having money can’t be a reason for you not to grow your business. Clearco can help your business grow!

Plus, Clearco has AI software that calculates your loan amount based on your information. Moreover, you can get investments in your company that range from $10,000 to $20 million!

Clearco benefits

Clearco has excellent loan options for e-commerce business entrepreneurs. Source: Adobe Stock.
Clearco has excellent loan options for e-commerce business entrepreneurs. Source: Adobe Stock.

Clearco was created by founders for founders to have the best possible investment in their businesses. Also, the company has funded over 7,000 businesses in 7 countries!

With this, you can be sure that Clearco is a trusted lending company to help you fund your business in the best way possible!

Also, you can get e-commerce loans for your e-commerce-related company. You can get your company funded for as little as $10,000 or up to $20 million.

It all depends on what your company needs right now to grow more and more! However, there are also some downsides to this lending company. So, be sure to keep reading our Clearco review to learn the pros and cons!

Pros

  • You can find their services in at least 7 countries;
  • Your funding can be available in as little as four to five business days;
  • The fees are based on your business type.

Cons

  • Some fees can be a bit high depending on your business type;
  • You can mostly find e-commerce business loans available.

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How good does your credit score need to be?

The website does not inform you if you need a high score to get a loan. You’ll need to contact Clearco to learn more about this. This way, they will analyze your information and see what your loan amount could be!

How to apply for Clearco?

You can easily complete your loan application process through the official Clearco website. You’ll need to be able to download their app and connect to their services.

The following content will give you more information about the Clearco application process.

clearco logo

How to apply for Clearco loans?

If you have an e-commerce company that needs funding, read our post about the Clearco application!

About the author  /  Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by  /  Aline Barbosa

Senior Editor

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