Frequently Asked Questions

How it works

What is a Clearbanc Advance?
What do I need to do to qualify for an advance?
Can I receive more than one advance at a time?
Will applying affect my credit score?
How long does the whole process take?

Fees

What fees are associated with taking an advance?
How is my fee rate determined?
How does the repayment percentage affect the advance fee?

Repayment

How do I repay my advance?
What is my repayment percentage?
Can I change the repayment percentage after I receive the advance?

General

What information do you need to verify my business?
Why do you need my bank account information?
How secure is my information?
Are you going to sell my information to third parties?
Can I apply for an advance if I have a business partner?
Can I apply for a Clearbanc Advance if I'm a vacation rental host but I'm not on Airbnb?

Payment Logistics

How long does it take to receive the funds?
When do automatic repayments start?
Can I use my Paypal or Payoneer Account as a linked bank account?
What happens if my future bookings or sales fall through?

Using your Clearbanc Email for Airbnb login

Why do I need to change my Airbnb login email?
Will I still receive my e-mails after I change my airbnb login to my Clearbanc email?
Will Clearbanc change my account settings?

If you have any other questions, please email us directly at support@clearbanc.com or call us at (415) 952-9864! We're here for you.