Clearco

““Clearco was the right capital partner for an important stage of Slate’s growth. They helped us outpace our plan and helped us move to our next chapter on our own terms. And through it all, we had a strong relationship with the Clearco team, one that will continue even after we’ve graduated””

“A huge challenge with having an inventory-heavy business is we put all of our money in manufacturing, but we won’t see a return on investment until four months down the line. Clearco fixes this cash flow issue””

“Clearco’s team was so easy to work with; the whole experience was lovely. Getting the funding was as easy as 1, 2, 3”

““Clearco made it really easy and genuine to do business together,””

““Clearco is like a double-shot of espresso. The funding allowed us the time and energy to do more of what we wanted to do, and faster. It allowed us to hire more people, purchase more inventory, and generally, gave us more freedom to grow on our terms””

““My accountant has mentioned that I'm paying fees I wouldn’t have to pay if I used my own cash. To me, there is a big difference in giving up margin versus giving up a portion of your company,” he adds.”

““With Clearco, we are afforded the ability to order and therefore, sell more products,” says Raffi.”

““If I know I need to pay my supplier, then I go to Clearco. The balance gets paid immediately because it’s already approved. Then, I can immediately place my order for my products,” explains Raffi. “By the time I get the inventory and it goes up for sale, I can start paying Clearco during peak season. The anxiety level if I self-funded my inventory upfront would be high. It’s a lot easier and calming to know that Clearco is covering that initial 70% with Invoice Funding.””

““With Invoice Funding, we can create a 20% increase in sales volume, which creates 40% additional net profit””

““Clearco was the right capital partner for an important stage of Slate’s growth. They helped us outpace our plan and helped us move to our next chapter on our own terms,” explains Manny. “And through it all, we had a strong relationship with the Clearco team, one that will continue even after we’ve graduated.””

““We’d get opportunities that, on the surface level, might not look beneficial today but could be beneficial tomorrow. Clearco was always willing to investigate these opportunities with us instead of them just saying, ‘No, this is the deal.’ It felt like a true partnership; their openness to exploring is something we’ve always appreciated,” adds Manny.”

““Clearco was the right partner for us when we realized we had an opportunity to pursue an even more ambitious growth plan,” says Manny. “We developed a great relationship with Clearco and never felt like we were reporting to a bank. It felt like we were working with another startup—like together, we were growing our businesses.””

““We don’t always need Clearco, but knowing you’re here, and using you when we need, supports our growth plans,””

““[Clearco’s] dashboard is intuitive, contracts are easy to sign, and I can choose how much I want, whenever I want,””

““It alleviated the need to plan too much,””

““As a DTC brand, we cannot afford to be out of stock. If you run out on Amazon, you get penalized and it affects sales downstream,””

““As an innovation first founder, my product development team and I move fast, but we take the time to ensure that the end product will satisfy the expectations of both our current and new customers,” Dale adds. “We could take a cheaper route and materially increase risks across our distribution channels and major partners, but Clearco allows us the leeway to move fast and with the much needed room to get it right.””

““Clearco helped us pay more suppliers and raw materials vendors so we could get the product made and shipped on time,” explains John. “We wouldn’t have been able to launch without that capital.””

““What makes Clearco different is that they recognize there can be more than one funding partner on the scene. When other companies tell us to take everybody else out of our capital stack, it limits our growth,” adds John. “To scale to where we want to go, we’ve found the combination of Clearco, Shopify, and Truist Bank to be ideal.””

““I chose Clearco to assist us with those moments of growth that too often derail a new company out of the gate. What I didn’t know then is how important Clearco would continue to be to us in our future years, especially as we began to build out our retail channel and expand into several new countries””

““Clearco’s funding is the #1 factor that has allowed us to grow. Without our inventory, we can’t meet sales figures””

““It’s really nice to know exactly what you have to pay back with Clearco. It allows us to retain more cash when it comes to strong sales periods””

““We’ve seen a ton of growth this year despite COVID because middle aged women’s health issues have been ignored for years. Quick access to capital allows us to focus on creating these solutions and help women across the U.S. live better lives””

“Clearco seamlessly supplements Matchaful’s long-term fundraising strategy,”

“Clearco didn’t just say ‘go and use it.’ They helped me find an agency and helped analyze Matchaful’s metrics,”