Clear

Name: Clear
Rating: 4.9

4.9

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77 User Reviews

9.1

Overall Score

4.9

star star star star star

77 User Reviews

9.1

Overall Score

LAST UPDATED: September 26th, 2023

Clear is making business loans easy with its transparent process, online portal, fast response times, and cutting-edge technology. The goal of Clear is to provide business owners with a better way to borrow. Each client will receive dedicated personal support as they navigate the loan application, approval, and funding process. With 12 different loan and financing products to choose from, Clear is confident it will have an answer for nearly every business's lending and funding needs.

With Clear, business owners can expect to access larger than average approval amounts at low interest rates. It should also be noted that Clear never charges broker fees for its services. All loan costs and associated fees as well as terms are openly disclosed so each client knows exactly what to expect. Access to the Clear platform is available 24/7, and business owners can check the loan portal or contact a loan advisor from anywhere at any time.

To date, Clear has over $200 million in closed financings on behalf of thousands of small businesses in all 50 states. Included on the Clear platform are over 100 lenders with an average approval rate of 90 percent. Loans applied for and approved online are powered by one of the most advanced and secure borrower portals in the industry.

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The Good

Loan Products Offered
Lender Network
Proprietary Lender Match Technology
Straightforward Financing

Loan Products Offered

One of the benefits of going through Clear to obtain a business loan is the sheer number of loan products available to businesses through its platform. Those in need of business funding or lending will be able to apply for the following options:

Short Term Loan
Merchant Cash Advance
Line of Credit
Term Loan
SBA Loan
Equipment Financing
Invoice Factoring
ABL Loan
CRE Financing

Not many business loan brokers or providers provide this many options to business owners, but Clear does. Through its platform, Clear allows interested business owners to quickly and effectively apply and get approved for a number of loan products.

Lender Network

According to Clear, its platform boasts the largest lender network in the industry. With more than 100 lenders to choose from, business owners will have access to more loan products and the best terms available within a certain marketplace due to the sheer number of options.

Select lending partners include the following:

Southern Bank
Standard Capital Inc
SmartBiz
Wellen
Select Funding
Ready Capital
Retail Funding
Rapid Finance

Having a large lender network only benefits business owners as they navigate the business loans process. The Clear lender network sets it apart from the rest of the industry.

Proprietary Lender Match Technology

By heavily investing into proprietary technology, Clear provides business owners with one of the more advanced matching platforms on the market.

With the Clear portal, clients can quickly complete the following actions:

Evaluate all lending options
Quickly view and manage approvals
Manage approved loans
Secure document database
Communicate with dedicated loan advisor
Trust in bank level security of the platform

With the Clear proprietary technology, clients have access to a wide range of business loan products and are quickly matched with best possible options. Instead of sorting through countless possibilities, Clear quickly identifies the best options for each borrower and leaves the final decision up to the client.

Straightforward Financing

Through the Clear portal, financing is made easy and straightforward. Prospective borrowers simply apply for the loan product that best suits the needs of their business. Soon after that, borrowers can view approvals and adjust the terms in an effort to set the ideal funding amount and loan term length. All closing documents can then be submitted entirely online and the loan is funded. This eliminates the guessing and waiting game that so many borrowers have to deal with when working with competitors.

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The Bad

Founded in the Last Five Years

Founded in the Last Five Years

Clear was founded in 2019. Although it's only been a few years, the company is well-established, with its employees having decades of experience in the industry. Clear also has positive customer reviews, highlighting that customer satisfaction is high and that the company is a trusted business loan provider.

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The Bottom Line

Clear provides a number of loan and funding solutions to small businesses all across the country. With so many loan products to choose from, business owners seeking a loan and funding are bound to find the solution that best suits their company’s needs.

The lender network is one of the most impressive aspects of Clear with over 100 to pull from. With its proprietary lender match technology, an average of 90 percent of Clear clients are approved for a loan product through the platform. The straightforward financing tactics implemented by Clear ensure that all business owners understand all associated terms of their loan and eliminate any potential confusion.

Small business owners looking for a streamlined and straightforward lending process will likely benefit from what Clear offers to its clients. With a number of loan products to choose from at affordable rates, there is a solution for a plethora of small business needs.

View Best Business Loan Companies

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Clear Frequently Asked Questions

Is Clear a lender?

Clear is a business loan marketplace and is not a lender.

How is Clear able to secure better loan terms than its competitors?

Having the largest lender network and a proprietary lender match system gives Clear a huge advantage over its competitors in terms of approval amounts and pricing. Many of its lenders also offer the company preferred rates because of the volume of business it does.

Why should I use Clear instead of my local bank?

Clear probably has a much wider variety of loan products the your local bank. And the company is certainly faster. Also, your bank is just one lender. With Clear, you have access to over 100 lenders.

How much does it cost to use Clear?

There is no fee to use the company's services.

Our Mission is Clear — To create a better borrowing experience through advanced technology and dedicated personal support.

We have cutting-edge technology that’s user friendly. Our secure loan portal gives you complete control over your business borrowing. From anywhere, at any time. And our technology ensures you’ll receive the best terms available in the marketplace. Just log in!

Think of your advisor as your own full-service loan concierge. Your loan expert can guide you on finding the loan product that is right for your business, help you understand terms, negotiate with lenders on your behalf, provide application updates, and much more.

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User Reviews

Star Rating

4.9

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77 Reviews

Review Breakdown

5 grade

91%

4 grade

3 grade

2 grade

1 grade

Sentiment Criteria

Value

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Quality

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Service

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Trustworthiness

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Featured Review

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Verified Customer

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Kelly Cooper Phoenix, AZ

The entire team at Clear delivered what they promised. I received my loan in one business day with no headaches or stress.

10 months ago

Reply from Clear

We're thrilled to hear that your experience with Clear was seamless and stress-free. Delivering on our promises is our top priority, and we're here to assist you whenever you need us. Thank you for choosing Clear!

Sep. 26th, 2023

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Featured Review

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Verified Customer

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HappyClient

Best loan experience I’ve had. Received funds for my business in 1 day and the terms were great.

10 months ago

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Zandra Reznick Miami, FL

Emily was so friendly and professional. She has the experience, knowledge and personality that can’t be replaced. If you need a business loan, please work with her. You will not regret it.

10 months ago

Reply from Clear

Hi Zandra. Thank you so much for sharing your experience with us. Emily will be thrilled to hear your kind words. We look forward to working with you again.

Nov. 9th, 2022

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Daissy Jack New York, NY

My loan advisor Emily provided prompt communication and excellent service across the board. She is truly amazing!

10 months ago

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Michael Holland Los Angeles, CA

Clear was quick to respond to my loan request and they provided several options for my restaurant. Their terms were affordable, reasonable and they funded my account in 1 business day. I recommend Clear to all business owners.

10 months ago

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Verified Customer

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Roberto New York, NY

I appreciate Clear for taking their time to help me understand which loan product was best for my business. Thanks again!

10 months ago

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Verified Customer

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Jeremy Maurice Miami, FL

Clear offers a variety of lending products with flexible terms. We are quite pleased with their rates and customer service. We strongly recommend Clear to all business owners!

10 months ago

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Verified Customer

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Vanessa Black The Bronx, NY

They were friendly, patient and informative with any questions or concerns I had. Their portal was very easy to use and they kept me updated until I received my money. Thank you so much for all your help!

10 months ago

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Verified Customer

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Samuel Felch Littleton, CO

Much better process than my local bank. It took my credit union one month to even process my application. They were inundated with loan applications so I needed to take another route. A friend of mine recommended Clear and she spoke highly of them, so I decided to give them a try. Their website was easy in the eyes and I was able to submit my application within minutes through their portal without any issues. I was approved for a short term loan within a couple of hours and the funds were in my account the next day. Clear is now my go-to company for business loans. They are truly phenomenal!

10 months ago

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Jenna Norton Emporia, KS

I've been working with Clear for over a year now and they are just wonderful to work with. Our company was in jeopardy of closing down and they were able to offer us a bridge loan with reasonable rates. I'm so grateful for them.

8 months ago

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Peter Gardner New York, NY

I just received funding from Clear and I can say is wow! I am impressed with their service. I usually don’t write reviews but if you need immediate funding for any business expense, apply with them. You will not regret it!

8 months ago

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Emmitt Barr New Jersey, NJ

I would like thank Chad for going above and beyond every single time we applied for financing. I received my short term loan fairly quickly and now I can purchase some advertisement for my consulting agency. Thank you Chad.

8 months ago

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Tristian Lynn Chicago, IL

I want to express my gratitude to Chad for always going above and beyond when we sought for finance. I immediately received my short-term loan, and now I can buy some advertising for my consulting firm. Chad, thank you.

8 months ago

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Max Gilbert

Useful and easy portal for business owners like myself. I was able to apply for multiple loan products within minutes. Clear’s system is very convenient.

8 months ago

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Jackson Chapman Los Angeles, CA

Clear was very professional and helped my business during a dismal pandemic period. I desperately needed payroll assistance and they really came through. Highly recommended them to anyone that needs to delegate some of their business tasks to someone that cares to help

8 months ago

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James Ayella

Clear has been an absolute game changer for my business. It only took one application, a few bank statements, and the funds were in my bank account within 24 hours. Simple and smooth process with excellent service.

8 months ago

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Michael John Minneapolis, MN

We just completed our third renewal with Clear and their service was phenomenal. Great company to do business with.

7 months ago

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Keira Denovan Chicago, IL

I was able to factor 75% of my invoices to meet payroll, and the cost of money was under 3%. I would definitely use Clear again.

7 months ago

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Jacquie Dreben Miami, FL

Clear was very supportive. They made the entire process very easy for me. My loan advisor was excellent and she went above and beyond to get me funded immediately. Their merchant cash advance was perfect for my restaurant. Strongly recommended

7 months ago

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Adam Gilbert Los Angeles, CA

I was able to secure a $420,000 term loan for 5 years to purchase supplies and materials for my business. This loan met my needs perfectly and ow my company is in good shape. Thank you Clear!

7 months ago

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Kaitlin Watson Chicago, IL

Clear is the fastest and most transparent marketplace for any business loan. My loan application was digitalized and I was able to see the process of my loan in real time which is something my bank was unable to provide.

7 months ago

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Harley Reid Las Vegas, NV

I was seeking to access equity through a cash out refinance and their commercial real estate loan was the perfect solution.

7 months ago

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Dylan Douglas Las Vegas, NV

Our pizza oven stopped working and we needed working capital immediately. Clear understood what we needed and delivered right on time. I wouldn't work with any one else.

6 months ago

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Joseph Jackson New York, NY

Clear has an outstanding loan platform that’s very easy to use. I had zero issues and I received my cash advance immediately. You guys rock!

6 months ago Edited March 2, 2023

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Kian Taylor New York, NY

I needed to purchase a 3 in 1 Digital Pano CT Scan, one dental laser system and a few dental chairs for my practice. Clear offered outstanding service and a low competitive rate for my equipment loan. I'm very pleased with their service.

6 months ago

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Adelynn Bass Los Angeles, CA

Excellent loan advisors that provide phenomenal service. I’m extremely satisfied with Clear.

6 months ago

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Daniel Olalude New York, NY

I received a term loan with a reasonable interest rate. The loan advisors provided excellent service and the process was quick and easy. I must say, I’m impressed!

6 months ago

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Margaret Petit Chicago, IL

Emily was friendly and accommodating. She always made herself available when I needed assistance with my loan application. Thanks for everything Emily.

6 months ago

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Dimma Jane Los Angeles, CA

If you are looking for a business loan, I highly recommend Clear. They provided excellent service and there were no surprise curveballs. The entire process was smooth and easy.

6 months ago

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Kareem Browning Los Angeles, CA

Clear requires minimal documentation to receive an approval and they’re always on their A game every step of the way.

6 months ago

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Kieran Fletcher Los Angeles, CA

Sabrina made me feel like I had known her for years from the first time we chatted. She showed me around their dashboard and answered all of my queries. I would have no qualms about working with her again.

6 months ago

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Jack Madera Dhaka, 13

Clear has helped my business grow tremendously. They are very efficient, processional and easy to use. I would recommend Clear every single day to all business owners who need financing.

6 months ago

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Jesse Cox

Josh is the absolute best at what he does and I highly recommend working with him and Clear. He helped moved the process along at a rapid pace while providing thoughtful guidance. His level of thoroughness was truly unmatched. Thanks Josh!

5 months ago

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David Brown San Francisco, CA

I applied for a Line of Credit with my credit union and it took them weeks to process my application. I needed the funds immediately to renovate my restaurant and i couldn't wait for my bank anymore. Sabrina with Clear, reached out to me and guaranteed that I could receive funding in 1 day. I gave her a shot and she delivered right on time. I am very pleased with my experience and now I have a company that I can go to whenever I have a need for a business loan. Thanks again Sabrina for all your help.

5 months ago

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Cedrick Gallo

Clear was quick, professional, personable, and overall outstanding to work with. I was very impressed with how responsive they were through out the whole process. They offer several options that may be a good fit for your business. It doesn't hurt to try them out. I highly recommend Clear.

5 months ago

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David Shaw

Clear is a fantastic option for businesses looking for reliable and flexible financing solutions. They offer business loans that are tailored to meet the unique needs of each individual business, and their rates are affordable. I am very pleased with my experience

5 months ago

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Minnie James New York, NY

One of the key advantages of working with Clear is their commitment to transparency and honesty. They provide clear and straightforward terms and conditions, so business owners like myself can understand exactly what they are agreeing to when they take out a loan. Overall, Clear is an excellent choice for businesses looking for a reliable and trustworthy partner.

5 months ago

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Teresa Spurgeon San Francisco, CA

I recently applied for an SBA loan with Clear and I am blown away by the level of customer service. Their advisors are always available to answer my questions/address my concerns, and they go above and beyond to ensure that my financial needs are met. I am extremely satisfied with my experience so far and would recommend this company to anyone looking for a business loan.

5 months ago

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Elizabeth Casey New York, NY

I had a great experience working with Sabrina at Clear. She were thorough, transparent, and helped me understand all my options before making a decision. I would definitely work with her and Clear again in the future!

5 months ago

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Mary Gray New York, NY

I had an excellent experience with Clear. As a small business owner, I needed funding quickly and they were able to provide me with a short term loan in just 24 hours. The process was easy and straightforward, and their customer service team was incredibly helpful in answering all of my questions. I also appreciated the variety of financing options they offered, including equipment financing and SBA loans. Overall, I would highly recommend Clear to any business owner looking for fast and reliable funding solutions.

4 months ago

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Ruth Davis San Francisco, CA

I was unsure about the loan process, but the team at Clear was incredibly supportive and helped me navigate through the process seamlessly. I was amazed at how quickly they were able to provide me with the funding ($250k) I needed to purchase new equipment for my business. The rates and terms of the loan were reasonable and they are just truly amazing.

4 months ago

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Jack Lynch New York, NY

I have been a customer of Clear for several years now, and I can honestly say that their service is exceptional. Their team is knowledgeable and always willing to help me with any questions or concerns I have about my business loans. I rate Clear 10+ stars!

4 months ago

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James Hunter San Francisco, CA

I am consistently impressed with their level of service and I wouldn't work with anyone else. I have already recommended Clear to several of my friends and family members who are business owners :)

4 months ago

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Marvin Alariz New York, NY

Clear's client portal has been a game-changer for me and my company. It's incredibly convenient and user-friendly. I love the ability to access my accounts, view statements, and select a loan product at any time.

4 months ago

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David Attebery

Intuitive platform and they offer quick and easy financing. We are extremely satisfied with Clear and we love their service!

4 months ago

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James Mimms Herndon, VA

Best group of professional loan advisors who know exactly what they’re doing. I truly love working with Clear!

3 months ago

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Edward Morgan Herndon, VA

I’ve used Clear for all my financial needs and they always make my loan process as smooth as possible. Their offers are always competitive and they provide exceptional service.

3 months ago

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Carl Cox San Francisco, CA

Clear helped me obtain a $150,000 short term loan for my business so I can renovate and purchase equipment. All I can say is I am very pleased with their service. The funds were available the next business day as promised without any headaches. I will definitely use them again for any future needs.

3 months ago

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Lance Hickey Herndon, VA

Clear aims to understand their client's financial goals and tailors loan options accordingly. I wouldn't work with anyone else.

3 months ago

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Jerry Kelley Las Vegas, NV

I've worked with several banks in the past and their application process was long and tedious. The loan process was much different with clear. They work fast and their online application was extremely easy. It took me 5 minutes to complete and I received offers within 4 hours. I'm truly pleased with my experience.

3 months ago

Reply from Clear

Hi Jerry, Thank you so much for your amazing review! We're thrilled to hear that you had such a positive experience with us. Our team works hard to provide the best service possible, and it's incredibly rewarding to know that we met your expectations. We look forward to working with you soon.

Jun. 23rd, 2023