Clearco vs Wayflyer (2026): Fees, APR and Terms Compared
Short answer: Compare cost and size first. Clearco: Flat fee from 3.5%; about 28% to 30% APR on Clearco's examples; Up to $10 million per brand. Wayflyer: One flat fee, typically 5% to 10% (about 20% to 39% APR over 6 months); $10,000 to $20 million. The table and profiles below show who each one suits. Figures come from our full reviews of Clearco and Wayflyer.
Clearco vs Wayflyer at a glance
| Clearco | Wayflyer | |
|---|---|---|
| Lender type | Direct funder (own balance sheet and credit facilities) | Direct non-bank lender |
| Products | Invoice Funding, Cash Advance, Fixed and Rolling Funding Capacity | Cash Advance, Term Loan, Rolling Financing |
| Amounts | Up to $10 million per brand | $10,000 to $20 million |
| Cost | Flat fee from 3.5%; about 28% to 30% APR on Clearco's examples | One flat fee, typically 5% to 10% (about 20% to 39% APR over 6 months) |
| Term | 4 to 12 months | Typically 3 to 9 months; Rolling Financing 12 months |
| Funding speed | Review in as little as 24 hours | Decision within hours; funds 1 to 3 business days after signing |
| Founded | 2015, as Clearbanc | 2019, Dublin; lending since 2020 |
| HQ | Toronto, Ontario | Dublin, Ireland; U.S. HQ Charlotte, NC |
| Status | Active; $100 million Macquarie facility, August 2026 | Active (Trinity Capital facility, September 2026) |
Choose Clearco if
Best for: U.S.-incorporated DTC brands with six months of $100K+ monthly sales funding inventory, ads or supplier invoices without a personal guarantee, blanket lien or equity.
Choose Wayflyer if
Best for: Consumer brands averaging $10K+ a month in revenue for at least six months (two years for retail and service businesses) that need inventory or ad-spend cash within days, with no personal guarantee and the option to repay as a share of sales.
Who should skip each
- Clearco is not for: Smaller or newer stores, non-U.S. entities (including Canadian companies), or anyone wanting a published rate card. Seasonal brands get more flex from percentage-of-sales repayment.
- Wayflyer is not for: Dropshippers, startups under six months, businesses incorporated outside Wayflyer's 11 countries, or anyone who wants a fixed multi-year term. A bank or SBA loan usually costs less if you can wait.
Lender List verdict
Clearco: Clearco is leaner and steadier than in 2022, with a flat fee, prorated early payoff and no lien, and a 6-month advance at its own example fee runs about 30% APR. Slow-month flexibility is medium: the fixed weekly payment only drops when a week's sales fall low enough to hit the 30% cap. Wayflyer: Wayflyer is one of the largest revenue-based lenders, with a clear flat fee (typically 5% to 10%) and sales-linked repayment that slows down when your revenue does. Because terms are short, that fee works out to roughly 20% to 39% APR over six months and more if you repay faster.
Frequently asked questions
Which is cheaper, Clearco or Wayflyer? Clearco: Flat fee from 3.5%; about 28% to 30% APR on Clearco's examples. Wayflyer: One flat fee, typically 5% to 10% (about 20% to 39% APR over 6 months). Your actual cost depends on the offer and how fast you repay, so convert any quote with our factor rate to APR calculator. Which funds faster, Clearco or Wayflyer? Clearco: Review in as little as 24 hours. Wayflyer: Decision within hours; funds 1 to 3 business days after signing. How much can I get from Clearco or Wayflyer? Clearco: Up to $10 million per brand. Wayflyer: $10,000 to $20 million. Read the full reviews: Clearco review · Wayflyer review. Figures come from those reviews, which cite the lenders' own pages and third-party sources; see our methodology. Updated 2026-10-27. Pricing varies by offer; confirm with the lender before applying.