How to apply for a Cash Advance

How to apply for a Cash Advance

Clearco’s Cash Advance provides flexible capital for founders. You can request up to $600,000 with a single flat fee set upfront. Use the funds on your terms: for inventory, payroll, marketing, or other growth expenses.

Instead of fixed payments, you’ll remit a portion of your revenue each week, up to a capped amount that is shown clearly before you proceed.

Submit a cash advance request

  1. Click Access Working Capital.

  2. Click Cash Advance on the following screen.

  3. Enter your desired Funding Amount and When you will need the capital by. Note: You can only select a date up to your current capacity is approved for. The minimum Cash Advance amount is $10,000. For smaller expenses, please use Invoice Funding to pay your vendors directly.

  4. Select your desired payment extension and click Next. Note: Your payment plan options will display the duration, fee, weekly amount, and total payment amount.

  5. On the next page, you’ll be able to review the Extension plan details. Click Submit for Review.

  6. You will see a confirmation that says Funding application submitted, along with a breakdown of the next steps you can expect.

  7. Once your cash advance has been approved and the contract has been signed, the cash advance will be sent to your connected primary bank account. Note: Funds are typically sent within 0-2 business days of the selected due date.

Status breakdown

If you have any questions about applying for a Cash advance, please reach out to our Customer Support team via email at support@clear.co.