Capital to keep your business moving.

Clover Capital provides eligible businesses with access to working capital based on future credit and debit card sales. Funds can be used for business needs such as purchasing inventory, upgrading equipment, hiring employees, renovations, marketing, or expansion.

No. Clover Capital is not a traditional loan. It is a receivables purchase transaction—an advance of funds based on your business’s future sales, a type of funding often called a merchant cash advance or business cash advance.

Payments are automatically taken from your daily card processing based on an agreed percentage of sales. When sales are higher, you pay more; when sales slow down, you pay less.

No. There is no fixed monthly payment amount. Payments adjust with your sales, providing more flexibility than a traditional fixed monthly payment.

There is no traditional interest rate. Instead, your offer includes a fixed additional amount based on the amount of funding you receive. The total amount you agree to pay is disclosed before you accept the offer. Clover states there are no late fees or prepayment penalties.

No. According to Clover, applying for Clover Capital does not affect your personal or business credit score and does not require a hard credit pull.

Yes. Clover states that there are no prepayment penalties. However, because Clover Capital uses a fixed additional amount rather than an interest rate, paying early does not necessarily reduce the total amount owed.

Approval can typically take 1–2 business days. Clover says approved merchants may receive funds via ACH in under 48 hours after accepting an offer, although timing can vary.

Eligibility is determined by Clover’s underwriting criteria. Clover states that merchants generally need to have been in business for at least 6 months, and its current U.S. FAQ says merchants must have been processing with Clover or an approved reseller for at least 90 days. Processing history, credit, and other business factors may also be considered.