Clearco expands receipt funding to drive ecommerce growth during holiday shopping season

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Clearco has unveiled an expanded version of its Receipt Funding solution, designed to address the working capital needs of ecommerce businesses gearing up for the holiday shopping rush. This enhancement offers merchants the ability to access up to $1 million USD in reimbursements for eligible expenses incurred in the past 60 days. The initiative aims to empower brands as they prepare for Black Friday, Cyber Monday, and the broader holiday season—peak sales events that demand significant financial investment in inventory, marketing, and logistics.

Black Friday alone generated $9.8 billion in sales in 2023, underscoring the fierce competition and lucrative opportunities for ecommerce brands. Clearco’s Receipt Funding provides a financial lifeline, ensuring that cash flow constraints do not hinder growth during this critical time.

Clearco’s Chief Operating Officer, Olivier Grinda, explained that their Receipt Funding and Invoice Funding options are tailored to provide ecommerce businesses with flexible and founder-friendly financial support. Grinda emphasized that the platform aims to give brands control over their finances while enabling them to seize growth opportunities without compromising their liquidity.

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How receipt funding supports ecommerce brands during peak season

Clearco’s Receipt Funding program has been enhanced to include a broader range of eligible expenses, spanning inventory, digital marketing, traditional marketing, shipping, logistics, packaging, and even legal services. By extending its reach beyond specific vendors, the company ensures that more businesses can access the financial resources they need during the high-stakes holiday shopping season.

Alexander Lawson, Clearco’s Vice President of Data and Investments, shared that the expanded funding reflects the needs of their client base. Lawson noted that ecommerce businesses often face cash flow challenges during the holidays, and the expanded solution enables them to better manage these pressures while positioning themselves for growth.

The Clearco platform streamlines the funding process, allowing merchants to submit receipts for eligible expenses directly. Businesses can receive funds within 24 hours, ensuring that immediate cash flow needs are met as they ramp up operations for Black Friday and Cyber Monday.

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Flexible funding with non-dilutive benefits

Clearco stands out by offering non-dilutive funding options that prioritize flexibility and speed. Receipt Funding enables businesses to get reimbursed for past purchases, while Invoice Funding ensures vendors and suppliers are paid promptly. These solutions are particularly beneficial for ecommerce brands, as they do not require collateral or personal guarantees.

With capped weekly repayments, Clearco ensures that businesses retain more of their profits, even during high-sales periods. This approach minimizes the financial strain that can accompany traditional financing models, allowing merchants to focus on scaling their operations and meeting consumer demands.

Since its founding in 2015, Clearco has invested over $2.5 billion in more than 10,000 businesses, solidifying its reputation as a trusted partner for ecommerce companies. The expanded Receipt Funding initiative represents the company’s ongoing commitment to supporting brands as they navigate one of the busiest and most profitable times of the year.

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Clearco’s impact on ecommerce growth

By enabling ecommerce merchants to access tailored funding solutions, Clearco positions itself as an essential resource for businesses looking to thrive during the holiday season. The ability to quickly secure capital for inventory, advertising, and other critical expenses allows brands to operate strategically, capturing consumer demand without financial roadblocks.

With Receipt Funding and Invoice Funding, Clearco demonstrates its dedication to empowering ecommerce growth, helping businesses maximize their potential during Black Friday, Cyber Monday, and beyond.


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