Company overview
HQ · Toronto
Revenue basedInvoice factoring
Clearco is a Canadian non‑dilutive financing provider that offers revenue‑based cash advances and invoice funding to direct‑to‑consumer e‑commerce and SaaS businesses. It has deployed over $3 billion to more than 10,000 brands, delivering funding decisions within 24 hours and requiring no personal guarantees or collateral.
Company focus
- Headquarters
- Toronto
- Founded
- 2015
- Employees
- 51-200
- Industries
- ecommerce, DTC, SaaS
- Excluded industries
- Travel/Event Operators (airports/airlines-related), Professional Services – Media/Agency/Digital Consultancies/Marketing Services (possible exemptions at scale), Adult entertainment/services and paraphernalia, Cannabis products, Vaping products, Wholesale, Dropshipping, One-time services / non-scalable, Capital providers, Brick and mortar (no ecommerce), Gambling & lottery, Narcotics/illegal substances/illicit activities, Weapons/firearms (incl. parts, accessories, ammunition), Hate products, Tobacco products, Pyramid schemes, Marketplaces incl. pawn shops, Auction websites, Spiritual services/psychics, Crypto and crowdfunding, Financial products, real estate, auto dealers, Political organizations, charities, non-profits, co-ops
- Specialties
- Non-dilutive capital, Fast funding decisions (~24 hours), Invoice‑based working capital, No personal guarantees or collateral
Reported eligibility
- Monthly revenue from
- $100,000
- Time in business (months)
- 12
Funding & terms
- Funding up to
- $1,000,000
Third-party reputation
- Reported research
- BBB (Toronto): C rating, not accredited; Trustpilot: 3.2/5 average from ~348 reviews, with praise for speed/support and some complaints about collections and platform glitches.
- Reading this research
- Third-party ratings are historical research, not a Plutus merchant rating. Legal and cost statements are attributed reports, not findings by Plutus; confirm the original sources and current terms.