Working capital for online stores and marketplace sellers — for inventory reorders, ad spend, fulfillment and new products.
You lose the sales now, and the momentum you built takes time to get back.
Suppliers want payment months before the stock reaches your customers.
Marketplace and payment payouts arrive after you've already spent on ads and stock.
No storefront, so lots of questions and slow answers.
An online store bringing in about $100,000 a month is about to sell out of its best product and needs $50,000 for a reorder. The owner applies online in a couple of minutes, sees the options the same day, and the order goes in that week.
Illustrative example — not a real client, and not a quote or a promise of approval.About 2 minutes. Basic business info and your recent bank statements.
As fast as 10 minutes. Soft credit check only — no impact to your score.
Same day once approved, straight to your business account.
Yes. Inventory, ads, fulfillment and product launches are all common uses — it's working capital for your business.
No. Collateral isn't required.
No. We run a soft credit inquiry to pre-qualify, which doesn't affect your score. A hard inquiry may happen at funding.
No. Clovex provides revenue-based financing — capital based on your business revenue, with a fixed payback.
About 2 minutes. No impact to your credit.