Based in New York City, the financial service company called Clarify Capital is one which provides loans for small and medium-sized businesses. It was formed by Bryan Gerson and Michael Baynes in 2017. The industries its clients operate in include retail, manufacturing, construction, technology, medical, transportation, restaurants, and professional services. Small business loans, SBA loans, working capital loans, merchant cash advances, equipment financing, fast business loans, short term loans, and invoice factoring are the business loans offered by Clarify Capital.
Major partners included in the referral programs of this company comprise asset-based lenders, business consultants, accountants, and small business bankers. Microloans and 7(a) are the major SBA loan programs provided by Clarify Capital, for which the interest rates start from 5.75%. Collateral is not a requirement for unsecured construction loans. Medical practice financing offered can be extended up to $750,000, at an APR of 7% initially. Personal credit of the applicant is not pertinent to availing the services of invoice factoring. For equipment financing, the equipment itself serves as collateral.
Trustpilot gives Clarify Capital a rank of 37 out of 348 non-bank finance institutions, as of April 2019. The company has a TrustScore of 9.6 out of 10.