Why Choose Clarify for Emergency Financing?
Unforeseen costs come up and require you to act quickly. Who you finance with can make all the difference in getting your business back on track. When you choose Clarify, we think of you as family and make it our mission to help you succeed.
1. Quick and convenient
When you’re weathering a crisis, speed and efficiency are important. Our streamlined process can get you approved quickly, with access to operating capital in as little as one day. Managing a business is hard enough. We think financing should be easy.
2. Full transparency
Dealing with an emergency is stressful. The last thing you need is to worry about hidden fees and penalties. That’s why we keep things simple. You won’t find any sneaky charges or confusing terms with us. Our open and honest approach to financing is at the core of everything we do.
3. Competitive financing options
We believe that having an urgent need doesn’t have to lead to rushed and misinformed decisions. Financing through Clarify means you have an expert on your side. Our advisors work with you to find you the best option out there. We strive to get you the lowest rate and most competitive funding available, every time.
Main Types of Emergency Loans
There are several emergency loan types. Choosing the right option for you depends on your specific circumstances and preferences. Our advisors will help guide you through the process.
1. Term Loans
Term loans are one of the most common financing options. Businesses borrow a fixed amount of capital to be paid back regularly, based on a specific term length. There is no collateral required.
2. Invoice Factoring
Dealing with delayed payments can be a hassle. For a fee, you can sell unpaid invoices to a factoring company. The company will work with customers who have fallen behind on payments to collect money.
3. Business Line of Credit
Credit lines are a popular option during emergencies because they offer a great deal of flexibility and easy access to capital. You can draw funds as needed, whenever you need, up to your credit limit. As you repay, more credit becomes available to you.