Chris S.
Great service from Con and Aaron
Great service from Con who was our onboarding manager, highly suits our business as we turnover our stock quickly and at reasonable margin. We borrowed $170,000 no credit check as it is classed as purchase of forward sales and was happy with the $10,200 fee over the 4-6 month period as we gross much more than this from our items if turned over quickly. Funds were available quickly and portal is easy to use for vendors to be able to pay. Have roughly two repayments left and very happy with the outcome and decision to proceed with Clearco. It worked out for us, but you will need to have high turnover at reasonable gross to justify the equation. Contacted the account manager (you get handed to a different person after onboarding). Told them we wanted another $200,000 for future purposes in a couple of months time once the current agreement was finalised. There was a little confusion, but after a little back and forth we have been able to secure another round and look forward to utilising this facility again. Aaron was quite helpful as our account manager to sort out our account in the end. Love Clearco, Con and Aaron are great. Once again, have to reconfirm that this suits businesses with medium to high turn over at reasonable gross to facilitate the repayments. But 5 star facility in our eyes.
Response from ClearcoMay 27, 2022
Hi Chris, Sáoirse here from Clearco Customer Success. Thank you very much for this kind and detailed feedback; this is incredibly valuable, as it allows us to review our internal processes and continue to improve for the founders we work with. I have taken the liberty of taking a closer look at your account, and actually have some, hopefully helpful, feedback about this for you. Please check your inbox for an email from Clearco Customer Success, with the details. That being said, we appreciate the opportunity to work with you and wish you the very best for your future success, no matter what you decide. Please feel free to get back in touch if there is anything else we can do for you in the meantime. Kindest Regards, Sáoirse Clearco Customer Success