What funding solution is best for your eCommerce brand: Uncapped or Clearco?

Uncapped and Clearco can both help eCommerce sellers solve their cash flow problems with flexible funding solutions. But which is better for you? ECommerce Funding Comparison looks at key factors to help you decide.

post by:
Michel Goldstein

Company comparison

4.6
 

Uncapped

Fast, flexible capital for founders

KEY FACTS

  • Repayments made through daily or monthly deductions
  • Lending up to $10 million with fees as low as 2%
  • Freedom to use the money where you see fit
  • Approval within 24 hours of application
VS
4.4
 

Clearco

Equity-free capital for eCommerce

KEY FACTS

  • At least 6 months of revenue required for financing
  • No spending restrictions – use the money where you see fit
  • Capped weekly payments
  • Approval in 1-2 days
  • 25x more women funded than other funding options

KEY FACTS

  • Repayments made through daily or monthly deductions
  • Lending up to $10 million with fees as low as 2%
  • Freedom to use the money where you see fit
  • Approval within 24 hours of application
  • At least 6 months of revenue required for financing
  • No spending restrictions – use the money where you see fit
  • Capped weekly payments
  • Approval in 1-2 days
  • 25x more women funded than other funding options

Final Verdict

Both Uncapped and Clearco have flexible revenue-based financing options with low repayment fees and freedom to put your funding where you need it most. Uncapped offers their revenue-based financing repayment through daily or monthly deductions from an approved bank account. Clearco’s repayment structure is a capped weekly payment that you agree to upfront. 

Clearco requires proof of revenue greater than or equal to $60,000 in the last 6 months, whereas Uncapped requires a higher monthly revenue of $100,000 for 6 months ($600,000 total) with 40% or more of payments to be processed online. 

The bottom line is, Uncapped edges out its competition by being the best-funded financier in Europe as it caters to growing eCommerce companies with a large chunk of online payments. Uncapped also offers multiple, flexible financing options based on your business needs and generated revenue.