Emergency Business Loans

Receive funds in 24 hour or less
Loans ranging from $10K to $750K
Clear terms and no hidden fees
Low interest rates
Multiple options for emergency financing

How much do you need?

Working capital to keep small businesses on track when the unpredictable happens.

Instant Financing to Cover Your Business Expenses

No matter how much you plan, sometimes emergencies just happen. Owning a business means dealing with the unexpected. During times of crisis, extra capital is needed in order to keep things running smoothly.

Clarify offers a variety of emergency financing options, so you can choose which loan type makes the most sense for you. Our lenders work with you to determine which option is the best fit for your specific needs, so you can feel confident in your selection.

Our mission is to help business owners pursue the American dream by providing capital that backs up their ambition to thrive.

What do businesses use emergency funds for?

Emergency business loans can be used in a variety of situations. Financing helps alleviate hardships and gives you the freedom to allocate funds to your most pressing business needs. Whatever your unique circumstances are, we have you covered.

Maintaining payroll

During tough times, layoffs and furloughs can seem unavoidable. Emergency funds can be used to ensure employees are paid on time and in full. That way, you can retain the right talent to help you meet your business goals.

Overhead costs

Running a business is no cheap feat. When revenue dips, managing overhead costs can become increasingly difficult. Use an emergency loan to pay for your commercial lease, utility, phone, and more.

Equipment purchasing

Buying and leasing equipment can be pricey. Still, even when purchasing equipment doesn’t seem affordable, it can be necessary for the success of your business. Our lenders will go over financing options with you so you can buy what you need as soon as possible.

Delayed payments

When you’re strapped for cash, a delayed invoice payment can leave you in an especially tough spot. During economic downturns, slow payments can become increasingly common, making it harder for businesses to pay their own bills and meet payment deadlines. Having access to extra cash can help you navigate these situations with ease.

Inventory purchases

Inventory is often destroyed during catastrophes like floods, fires, natural disasters and more. Besides this, inventory is generally costly, making it burdensome to purchase when there are cash flow gaps. Businesses can secure financing to restock supply and order what they need, so that things keep moving.

Marketing & advertising

In the face of a crisis, investing in marketing helps bring in new customers and improve profitability. Owners often use a business loan to invest in digital marketing and advertising to put their brand in front of prospective customers.

Coronavirus relief

If your small businesses have been impacted by the novel Coronavirus, financial help is available. We offer financing to alleviate the burden of COVID-19 specific expenses, like Personal Protective Equipment (PPE), plexiglass, and other safety-enhancing and sanitation products. If your company has experienced a decline in sales as a result of the pandemic, additional working capital can help you weather these unprecedented times.

Refinancing debt

Restructure existing debt for more competitive terms and conditions. Small business owners consolidate and make changes to original financing to better accommodate present needs. We offer low interest rates and flexible terms so you can secure financing that’s a good match for your unique situation.

Apply for Revolving Line of Credit

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.

Apply for Short-Term Loan

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.

Apply for Invoice Factoring

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.

Apply for Line of Credit

Frequently Asked Questions about Emergency Business Loans

What is an emergency business loan?

Emergency business loans are a way to cover unanticipated expenses and costs. They are helpful in times of short-term financial hardships, which put excessive strain on a business.

What is an emergency business loan used for?

Emergency loans are used to cover immediate business needs. Because financial emergencies affect businesses in unique ways, funds are used differently depending on the situation and most imminent priorities of a company.

What type of emergency business loan is the best?

There are several different emergency business loan types and options to choose from. Which option is the best for you will depend on your specific circumstances. Our lending advisors help you determine which source of funding is a good match for your individual needs.

How do I get an emergency business loan?

Qualifying for an emergency business loan typically depends on three factors: time in business, credit score, and average gross revenue. Talk with your advisor to go over these factors and find out how you can get an emergency loan as fast as possible.

Types of businesses that are eligible for a fast loan

Business requirements

Have been in business for over 6 months
Generate at least $10,000 per month in revenue
Can provide last 3 months of bank statements

Lending advisors that are experts in getting you funded

When you choose Clarify, we consider you family -- and work with you through the ups and downs of running your small business. Manufacturing Financing Team

See why companies love Clarify

Ready To Grow Your Business?

Get instant approval for an emergency loan today and have money in your account in 24 hours. Prequalify without affecting your credit! Application takes less than 2 minutes.

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