Paying off Clearco early: how the Early Payment Option works
Clearco is one of the few ecommerce funders that lowers the fee when you pay off early. It only applies if you qualify and request it the right way. Here is how the Early Payment Option works, who is eligible, and how to use it.
The short answer
Clearco says it prorates the fee when you use its Early Payment Option. On its own example, a 5% fee on a 6-month estimated term drops to about 2.5% if you pay off at the halfway point. On a $1 million advance, that is about $25,000 in fees instead of $50,000. Paying early is optional and carries no penalty.
The catch is eligibility. Clearco's published terms (effective October 5, 2026, checked November 2026) set conditions, and Clearco decides at its sole discretion whether they are met.
Who is eligible
Under Clearco's current Early Payment Option terms, an agreement qualifies when:
- It was signed on or after October 1, 2026
- You received an EPO Eligible Letter from Clearco for that agreement
- You have always paid at least the capped amount on time under all your Clearco agreements
- You have made at least one regularly scheduled payment
- You have stayed in good standing, with no event of default
Agreements signed before October 1, 2026 are not eligible unless they meet the current requirements.
How to request it
When paying Clearco off early makes sense
Because the fee is prorated, extra cash put toward an eligible Clearco advance saves money. That is different from fixed-fee advances like Wayflyer, where paying early does not lower the total. If you are carrying more than one advance and have cash to put toward one of them, an eligible Clearco balance is often a good place to start.
It makes less sense if paying off Clearco would leave you short for your next inventory order or ad budget. Clearco itself says the option fits best when a business has significant excess cash.
If Clearco is one of several advances
See our guide to getting out of stacked advances for how to rank every balance. For other funders, see paying off Shopify Capital early and refinancing a Wayflyer advance.
Frequently asked questions
Can you pay off Clearco early?
Yes. Clearco's Early Payment Option lets eligible customers pay off an advance before the end of the estimated term with no penalty.
Does paying off Clearco early lower the fee?
Through the Early Payment Option, yes. Clearco says it prorates the fee, so paying off halfway through the estimated term costs about half the fee.
Who qualifies for Clearco's Early Payment Option?
Under terms effective October 5, 2026, the agreement must be signed on or after October 1, 2026, you must have an EPO Eligible Letter, have paid at least the capped amount on time, have made at least one scheduled payment, and be in good standing. Clearco decides whether the criteria are met.
How do I request Clearco's Early Payment Option?
Email Clearco Payments, copy your Clearco representative at least three business days before the payment date, ask for the Early Payment Option by name, and attach your EPO Eligible Letter. A general request to pay in full early does not count.
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