Financial Documents & Payment Obligations

Clearco requires your business’ financial documents and information about your monthly payments to other capital providers. This helps us determine the amount of funding we can provide. Clearco requires these payment obligations to be updated monthly to help provide an up-to-date approved funding amount.

Add financial documents 

Clicking the Documents tab will take you to your one-stop shop for all documents associated with your business. You can locate, manage, and upload new documents in this section.

1. Select the Financial tab, and Upload Document

2. Select the correct file type

3. Click Submit.
   
   
    
   
   

4. Verify documents have been uploaded.

Add Financial Details & Obligations

For Clearco to generate an accurate capacity, we need to know of the other payment obligations that your business is currently paying to other capital providers. 

To do this, click Business Profile then click the Financial Details & Obligations tab.

Please read through the “What do I include?” section

1. If you do not have debt obligations, click the I do not have debt obligations checkbox.

2. Select a provider from the drop down, if your provider is not in the list, select other, and manually input your provider.

3. Add in the monthly payment amount, total amount outstanding, and estimated date if applicable.

4. Click Add an item to add more providers, if needed.

5. If there is any additional information you would like to add, you may add it in the notes section

6. Click the X to remove providers, if needed.

7. Click Submit

Please read through the “What do I include?” section

1. If you do not have debt obligations, click the I do not have debt obligations checkbox.

2. Select a provider from the drop down, if your provider is not in the list, select other, and manually input your provider.

3. Click Add an item to add more providers, if needed.

4. Click the X to remove providers, if needed.

Once you have submitted your first invoice, you will see this pop-up window:

1.  Click Update Payment Obligations to your monthly payments to other providers. 

2. Click Skip for now.

3. You can return to this page by navigating to the Business profile, and click the Financial details tile.

Details on how to navigate your Clearco Dashboard can be found here.

If you have any questions, feel free to reach out to our Customer Support team via e-mail support@clear.co.