Clarify Capital Review

Clarify Capital is a loan broker that offers small business financing solutions for a wide variety of borrowers. With loan options such as term loans, lines of credit, and equipment financing, business owners needing financing can be presented with multiple loan options with a single application.

In this review, I will go over Clarify Capital’s loan offerings, application process, and general features so that you can determine if it might be a good fit for your business financing needs.

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Clarify Capital Overview

Clarify Capital is a boutique lending firm based out of New York City founded in 2017. It prioritizes helping small businesses get access to financing. It does not offer funds directly but rather partners with its large network of over 75 lenders to provide a variety of business financing options from which borrowers can choose.

With a single application, you can be matched with various eligible lenders and compare rates and terms all at once. By utilizing a simple and transparent process, borrowers can take advantage of convenience and a prompt application and approval timeline.

The company aims to help level the playing field in getting small and midsize businesses access to funding and has built a marketplace with the intent of keeping costs low and opportunities high. There’s also a strong focus on maintaining client relationships and continuing further financing opportunities for existing customers.

It has a team of experienced small business lending professionals, which is available to you as dedicated financial advisors. Together, you can work with them to ensure you get the best rates and terms, suitable for your qualifications and business needs.

Visit Clarify Capital

Who Clarify Capital Is Right For
Clarify Capital offers various forms of financing through its lending network, which can be applicable to many business industries. In speaking with its representatives, it’s evident that the company values transparency and wants to make financing accessible for small and midsize businesses and aid in their growth.

That said, it may be best suited for borrowers who:
– Want multiple lending options: As a broker, Clarify Capital can match you with many providers with just a single application. This is beneficial for borrowers looking to maximize their lending options and determine what kind of financing is best for their business needs.
– Need assistance with comparing providers: Financial advisors are available to walk you through the process and help you evaluate your eligibility and financing options best suited to your business.
– Seek to save time and money: Instead of researching and applying separately for financing across multiple lenders you might be interested in, utilizing a broker can save you time and money by allowing you to evaluate your financing options all at once.
– Want a customized financing experience: With knowledgeable advisors and numerous lending options, applying with Clarify Capital offers a customized experience that’s tailored to meet the specific needs of your business.

Pros & Cons of Clarify Capital

Loan Types Offered by Capital Capital
Depending on your business financing needs, Clarify Capital offers financing options through its lending partners that can be both secured or unsecured. Rates, terms, and qualifications can vary. That said, below are some of the financing options available, with general guidelines of starting rates and terms you can expect to see:

Note that these are starting rates and terms, and actual loan details may vary widely based on your qualifications as a borrower, the amount and type of financing you seek, and the eligibility requirements and risk tolerance of the participating lender. Clarify Capital fees may also vary with these same factors.

Qualifying for a Business Loan From Clarify Capital
Since it’s a broker, Clarify Capital requirements are actually designated by the participating lender and will differ based on the loan type you seek. However, it offers general qualification guidelines in which you may be considered eligible for financing, as represented in the table above.

In my experience of speaking with a representative, I was told that there’s a definitive focus on building client relationships and finding accessible financing opportunities for businesses with a variety of qualifications and that they will work with you to determine solutions applicable to your circumstances regardless of your financial standing.

In addition to the general requirements above, other necessary requirements include that you must:
– Have a business bank account, with 3 months’ worth of recent bank statements to verify income
– Be located or incorporated in the United States

It’s important to note that simply meeting the minimum requirements doesn’t guarantee approval since there’s variability in requirements among lenders. You may have to supplement certain criteria if you’re lacking in others.

**How to Get Financing From Clarify Capital**

To begin the application process, you can fill out and submit the application form for review through the Clarify Capital website. The application process is simple and can be completed typically within 2 minutes. It generally involves the following four steps.

**Step 1: Access the Online Application or Call Directly**

You can complete Clarify Capital’s online application and provide your basic business details, credentials, and financing request through the online portal. Alternatively, you can call Clarify Capital directly at 877-838-3919. There are no application fees or obligations to accept a financing offer, and the process can be completed in as little as 2 minutes.

Information you’ll need to provide includes:
– Requested financing amount
– Time in business
– Monthly revenue
– Credit score
– Your name
– Company name
– Contact information (email, mobile number, etc.)

**Step 2: Get Matched With a Lender**

Based on your financing needs and qualifications, your application will be reviewed by a representative, before being matched with applicable lenders that meet your business financing request.

Also at this stage, you’ll be paired with a dedicated advisor. If you have questions, your advisor will facilitate a phone call to understand your business and its financing needs, work with you throughout the rest of the process to ensure your experience is tailored to meet your goals and pair you accordingly with applicable lenders.

As a potential client, you will be kept up-to-date throughout the entire process. You will also be notified of details as to whether you were approved by the partner lender or be provided with reasoning for denial if not approved.

**Step 3: Review Your Financing Options**

You can work with your dedicated advisor to review your financing options and compare rates, terms, and features to ensure you get the best deal for your business goals. Financing options may vary depending on your specific request, and you should evaluate your options carefully before entering into an agreement.

**Step 4: Get Funding**

Once you’ve been approved and determined the best lender for your business financing needs, you can get access to loan funds in as little as 24 hours. I’m sorry, but it seems like your question is incomplete. Could you please provide more information or context so that I can assist you properly?