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

• Click Access Working Capital. 

• Click Cash Advance on the following screen.

• 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. 

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

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

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

• 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

• Cash Advance In Review - The request is being evaluated by Clearco.

• Contract Signed  - The contract has been signed by the requestor and is awaiting Clearco.

• Payment Processing  - The payment is on its way to a bank account.

• Payment Sent - The payment has been completed.

• Cancelled - The request has been cancelled by the user.

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.