When you are starting a business, there are many challenges you would have to overcome. You will need to continue to make expenses and for the first few months and in some cases, years, you would be spending more than you are earning to run the business. This is the reason why a lot of start-ups often close down either because the founders run out of money and cannot continue to spend more than they earn on the business or because they get discouraged and conclude the business is not profitable. However, with the right amount of money or the right access to money, many businesses could easily wield these challenges and probably go on to become a multinational corporation in the long run. One of the companies that promise to provide businesses with easy access to funds is Clearbanc. However, you should read honest reviews of Clearbank before you patronize them.
About Clearbanc Clearbanc was founded in 2015 by Michele Romanow, Andrew D’Souza, Ivan Gritsiniak, Charlie Feng and Tanay Delima. The headquarter of the organization is in Toronto. They claim to have raised $240 million through their investors that they have been investing in other businesses. They also work together with partners that include Inovia, Founder’s Fund, Emergence, and Highland Capital.
Fintech Startup Clearbanc Opens Up Access to Growth Capital
Services of Clearbanc Clearbanc is an organization that helps its clients with capital for online businesses. These include mobile games with in-app purchases, B2B SAAS, Mobile Apps with in-app purchases, online retailers, subscription box companies and direct to consumer companies.
Compliments, Complaints, and tips for Clearbanc If you have used the services of Clearbanc in the past, kindly drop a review for them. How easy was it to get capital for your business from Clearbanc? Were the terms for the capital favorable?
Read independant reviews, consumer experiences, feedback and complaints right here! Get to know the best shop place your (online) order. Everybody together now decides which shops are worthy and which aren't!
Beware of this company “Clearbanc”. This company is a joke! They approved you with funds you’ve requested, once you swipe them, regardless you used up all the fund or not, you’re entitled to pay the full amount on top of the interest. That being said, it’s a true scam company. I do not like to write reviews, however giving my review with my experience out there would help many business like myself to avoid this scam company. Be smart and wise. Run!
Same experience as others here. After signing up and discovering that their sales rep lied to us about how they operate, we asked to cancel the service. They said we're not allowed to cancel, regardless of what the sales rep did/said. So, sales reps who lie for a company who clearly endorses that behaviour. Avoid!
To echo what has been said already, they straight up lie to get you to sign up. Once signed up, they won't let you can't cancel. It is exactly how other SCAM operations work. They don't care what the sales rep said who signed you up. They hide behind the insanely restrictive contact. It IS too good to be true. Don't be fooled. There are many other ways to get capital that don't leave you exploited for the remaining operating days of your business. Avoid at all costs!
LIARS!!!!!! Worst company ever, do NOT get involved. They are not transparent with the $ they are taking from your account. Once connected you cannot disconnect and they will take whatever payments they feel like.