Working capital for real estate businesses — brokerages, property management companies and real estate service providers — for marketing, staff, technology and day-to-day costs.
A strong quarter can be followed by a month with no closings.
New agents, listings and marketing all come before the commissions.
Repairs and turnover on managed buildings need to be paid now.
Uneven income makes traditional financing slow and difficult.
A property management company bringing in about $70,000 a month takes on a new building and needs $35,000 for staff and maintenance before the management fees start. The owner applies online and sees the options the same day.
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.
No. Clovex provides working capital for your business — not mortgages. It's built for operating costs like marketing, staff, technology and maintenance.
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.
