Working capital for restaurants, cafés, bars and food trucks — for equipment, renovations, staffing up and the slow months.
A dead cooler or range costs you sales every night it's down.
Winter or summer can cut covers in half, while rent and payroll stay the same.
Food, liquor and produce bills don't wait for a good weekend.
Long applications and slow answers, if you get an answer at all.
A neighborhood restaurant bringing in about $90,000 a month needs $35,000 to replace a broken walk-in cooler and a range before a holiday weekend. The owner applies on Tuesday morning, sees the options the same day, and the new equipment is ordered 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. Equipment, renovations, payroll and inventory 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.
