May 19

by Michael Granados

Are you looking for “Equity-Free”, Biased Free and Hassle-Free Ecommerce funding to help you finally build, grow, expand, and even get out of a tight pinch? 

How about a funding platform built by Founders for Founders just like yourself? Welcome into this Clearco Review, where I “Michael Granados” a digital marketing business owner and long-time business loan broker/agent will be pulling back the curtains to reveal to you the HARD Truths about this funding program, the pros and cons, alternatives and so much more but first let me answer the question on your mind…

Is Clearco Legit? Yes, 100%! However, it doesn’t necessarily mean it’ll be the best funding option for you and If you stick with me until the end of this Super in-depth review, you’ll know without a shadow of a doubt whether this program is right for you and how to move forward fast.

Alright, let’s get into the review shall we?

What Is Clearco?

what is clearco

Clearco formally known as “Clearbanc” is the world's largest eCommerce investor helping lend working capital to ECommerce businesses of all types in the amounts of $10k to $20,000,000, all with the help of AI-generated software. You can use the money as you choose but very common in the eCommerce space, many people will use their funds for marketing and inventory as well as paying off vendors.

Co-founded as Clearbanc in 2015 by Michele Romanow who is from Canada’s Shark Tank (Dragon’s Den), Clearco can offer you the most founder-friendly capital solutions for e-commerce along with:

  • Mobile apps
  • SASS Founders
  • Access to a powerful global network
  • Insights and data and
  • Recommendations

Why Clearco?

It’s evident what Clearo is but let me give you a few reasons why Clearco is right to choose:

  • 7,000+ Businesses have been funded
  • 3 Continents helped
  • $3B+ Invested to date
  • 25x more women funded vs venture capital

The other cool part is that is very trustworthy as they have 4.5/5 star reviews on Trustpilot which I’ll get more into later review and specialize in eCommerce.

Let’s go deeper inside this clearco/clearbanc review now.

Going Inside Clearco

Like I mentioned earlier, you will get an AI-generated offer from $10k to $20 Million to spend on your marketing or inventory or anything else to scale your business along with:

  • Repay ONLY when you generate sales. Unlike a traditional bank where you have to pay back a fixed fee every month, you only repay when you generate sales. So if your revenue slows down, so do your repayments.
  • You can get more funding as soon as you need it. In just a few simple and fast clicks you can get access to more funding and never have to worry about overpaying for capital you don’t need.

Clearco Products

Clearco has one primary product when it comes to getting funding and that is their cash advance which if you don't know what a cash advance or merchant cash advance is, it's basically where you're giving away a future percentage of your credit and even debit card receivables in return for getting funding.

So let's say you have a low day of sales like at $200, so you will only be taken out less than $200 that day and it goes back to the provider, and if you had a $1,000 day another day, then you get taken out more out of your account for that day because you had a high sales day.

These are usually paid back on a daily sometimes weekly basis - Monthly doesn't really exist as they cause too many defaults.

How It Works:

  • STEP 1: Connect Your Apps.
    • Clearco will connect with your tools to measure key growth metrics like your monthly revenue and ad performance.
  • STEP 2: Get Your Offer In 24 Hours
    • You can select from 3 tailor-made funding offers, ranging from $10k-$20M
  • STEP 3: Repay On YOUR Terms
    • With the Clearco unique revenue share model, it means you only pay them when you make revenue (how cool, right?). You get to choose what percent of YOUR daily sales you share with Clearco.
  • STEP 4: Instantly Top Up. Fuel and Sustain your growth with a steady stream of the capital at your disposal.

Security You Can Rely On…

  • Your data will NOT be shared with your matches unless you consent to this when requesting an introduction
  • Clearco has securely connected with more than 25,000 customer data sources.
  • Clearco has also invested $3B+ in 7,000+ companies and is supported by some of the world’s most trusted investors.

Additional Benefits:

  • You can simply connect your store(s) and ad accounts to receive an offer from $10k-$20 million in as little as 48 hours:
    • Revenue Based Payments
    • Simple Flat Fee
    • No Personal Guarantee
    • No fixed repayment date

Clearco Supports Stores and Ad Accounts such as:

  • Amazon
  • Shopify
  • Pinterest
  • Stripe
  • Facebook
  • PayPal
  • Twitter
  • Square
  • Snapchat
  • BigCommerce
  • Google
  • And More!
clearco supports

Clearco Requirements

The Clearco funding requirements you need go as follows:

  • Be doing at least $10,000+ per month within each of the last 6 months
  • You have at least 6+ months in business
  • Be a corporation or LLC

Getting Started With Clearco…

Let’s go into the step-by-step process to getting funded (hence signed up) with Clearco, starting here:

  • STEP 1: Register
clearco register
  • STEP 2: Learn More about you:
clearco details
  • STEP 3: Enter your basic Details
clearco basic details
  • STEP 4: Connect Your Payment Gateway
clearco connection
  • STEP 5: Clearco Dashboard
clearco dashboard

Once you get to this step you’ll then be able to see your dashboard/back office through the clearco login, where if you’re new then you’ll see a big message telling you that offers are usually generated in less than 48 hours…

And you will get an email once your offer(s) are ready. So then there’s a 4 step process there”

  • STEP 1: Request Funding
  • STEP 2: Select Your Offer
  • STEP 3: Complete Your Application
  • STEP 4: Receive Your Funds

Underneath that message, you’ll then be able to connect your marketing platform(s) as well as your accounting platform(s).

clearco integrations

The other components on this page are:

  • Your Left-hand column navigation for:
    • Funding Request
    • Clearmatch
    • Referrals
  • To the right are the FAQs and support right underneath

Clearco Reviews

Here’s what other people had to say about Clearco and the full Clearco funding reviews

clearco reviews
clearco testimonials
clearco reviewed
clearco inside
clearco trustpilot

How Much Does Clearco Cost?

There’s not really a “cost” to get started with setting up your account, rather there’s a flat fee of 6% for your eligible marketing spend and 12% for all other approved business spend. This means you’ll know how much you’re paying for the capital upfront. This is How you pay Clearco…

Your offers will contain a revenue share percentage, which is the percentage of your daily sales that will be directly debited from your connected business bank account. The payments begin 2 business days after funds are made available and have no correlation to your spending. Your payments will continue daily until the advanced amount + flat fee of 6% is paid.

Related: Want a better repayment schedule? Click here to see my #1 Recommend advance program.

Who Is Clearco For?

Clearco is made for e-commerce, mobile apps, and SAAS Founders as well as for those who want access to a powerful global network, insights and data, and recommendations.

Here’s more:

  • Beginners who want an equity-free, biased-free and hassle-free process to getting working capital you can use to continue to build, grow, expand, and even get out of a tight pinch
  • Intermediate and expert eCommerce users who want access to more capital to spend on inventory, marketing and more and be able to access the funds whenever you need it.
  • You want a multifunctional system where you can easily integrate your sales platform(s), marketing platform(s), and even connect your accounting platform(s) so you can get an “All-In-One” fully automated service showing you what you need to keep improving and recommended to do
  • You’re looking for daily revenue based payments that take away a future percentage of your credit and even debit card receivables
  • You’re looking for a no-personal guarantee
  • You don’t want a fixed repayment date

Who Clearco Is Not For:

  • Tire Kickers
  • Time wasters
  • You’re not in e-commerce, mobile apps, and a SAAS Company
  • You want more flexibility with different payment structures
  • You don’t want to be deducted more on days you make more sales and less when you make less
  • You want more of a consistent repayment schedule
  • You don’t want an advance

Pros and Cons:


  • You don't have to worry about having your credit score checked since Clearco determines your eligibility for a program/offer by analyzing your company's metrics, and so applying for a cash advance should not affect your credit.
  • You're eligible for high funding amounts between $10k-$20 Million in as little as 48 hours.
  • Low fees for the cash advance/merchant cash advance as you get more in the 6-12.5% or so range while merchant cash advance fees in many other places can range in the 15%-30%+ range.
  • Great customer service and support team and unlike other companies, you're not treated just as a number.
  • Trusted and used by top tier entrepreneurs and business owners
  • No personal guarantee
  • No fixed repayment date


  • Mastercard user friendly which means the Clearco advances are only available via the marketing Mastercard
  • Bigger Eligibility requirements as your business must demonstrate that you're doing at least $10,000+ in monthly revenue for six consecutive months to be eligible for a Clearco advance. So if you're a business with less time and not enough monthly revenue built that's consistently over $10,000+ per month, then it'll be hard.
  • Repayment costs take a future percentage of your credit and even debit card receivables which can be hard on your cash flow if your revenue is not strong enough and can cause you to get into problems.
  •  US based only so you can't be in another country and have this work for you.
  • Constrained to certain industries/segments like e-commerce being one of them which means that if you're in another industry, it won't be the best way to go.


There are definitely MANY alternatives out there but in terms of “E-commerce” specific, there isn’t really much that competes with Clearco but here are some:

My favorite of all is Bitty Advance because you can get fast same-day instant approval funding up to $25k+ and be able to get access to early payment discounts, no -pre-payment penalty, add-on funds are available, payment history earns you more, and A LOT more.

If you’d like to learn more about Bitty Advance, go here:

What I Liked Most About Clearco

There’s so Much to like about Clearco but If I had to choose just ONE part, it would be the integration of easily adding your sales platforms, marketing platforms and accounting platform so you can have a clear view of how your business is building and what possible changes you need to make to better improve your businesses financial structure and more.

I would like to add on that the fast service of getting offers delivered to you and you can select whichever one you feel is best (if you have multiple options), and you can determine which is best based on your current and even future needs. 

What I Liked Least

The part that I don’t like (and many of these cash advance products do this) is that while you get instant access to funds, you must demonstrate the capacity to make at least $10k per month in monthly revenue for at least six consecutive months 

Also, it’s limited to specific industries so if you’re not in the e-commerce space or any of the other mentioned industries, and don’t have an LLC, it will not be the most attractive place.

Final Thoughts

Did you see something that stood out to you most today?

Whether you’re looking to build, grow, expand, and even get out of a tight pinch and you run an e-commerce setup business (or any of the other industries), you can count on getting fast access to funds in as little as 48 hours all whole being able to have this…

Revenue-based payments, Simple Flat Fee, No personal guarantee, and no fixed repayment date. You got to see how this company is trusted globally by top e-commerce brands and how the structure of Clearco makes it attractive and very appealing not only to get funds with but to access your sales platforms, marketing platforms, and accounting platforms too.

If you feel like Clearco is right for you, click here, Otherwise if you’d like to get access to Fast same-day instant approval funding with large benefits and you possibly generate less than $10k per month and even more, check out my #1 recommended platform here:

Michael Granados

Michael Granados is an expert blogger and a 6+ figure-a-year affiliate marketer. As an expert, He's created a health and wellness brand as well enjoys helping others learn about different marketer tools, systems, and helping people achieve an awesome life personally, physically, and professionally.

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