Clear Factor is a global invoice finance platform that enables SMEs to access working capital by selling their outstanding invoices, providing funding within 24 hours without hidden fees or personal guarantees. This solution addresses the cash flow shortfalls faced by small businesses, allowing them to convert invoices into immediate cash while maintaining financial flexibility.
Funding
$1.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium-sized enterprises (SMEs) often face cash flow challenges due to delayed invoice payments, hindering their ability to invest in growth and manage day-to-day operations. Traditional financing options can be restrictive, involving long-term commitments, hidden fees, and personal guarantees that many SMEs find unfavorable.
Solution
Clear Factor provides an invoice finance platform that enables SMEs to unlock working capital by selling their outstanding invoices. The platform offers funding within 24 hours with transparent pricing and no hidden fees or personal guarantees. SMEs can convert invoices into immediate cash, gaining financial flexibility without long-term commitments. The platform operates as a marketplace connecting SMEs with investors, democratizing invoice finance for businesses and investors alike.
Target Audience
The primary target audience includes small and medium-sized enterprises (SMEs) seeking flexible and accessible working capital solutions to address cash flow gaps.
Features
- Online platform for submitting and funding invoices.
- Funding available within 24 hours.
- Transparent pricing with small percentage-based fees.
- No debentures or personal guarantees required.
- Minimum funding from £100.
- Automated process for invoice submission and funding.
- Marketplace connecting SMEs with investors.