Overview

Clicklease offers financial solutions in the equipment leasing market, helping small businesses access affordable payment plans for their equipment needs. By partnering with equipment vendors, Clicklease provides quick approvals and same-day funding, ensuring that all customers, regardless of credit history, can secure financing. This inclusive approach not only benefits small businesses but also improves cash flow for vendors. The goal of Clicklease is to empower small businesses and enhance their growth through accessible equipment financing.

Simplify's Take

What believers are saying

• $63M Series A funding will accelerate technology investment and team expansion.
• Growing demand for flexible payment solutions boosts Clicklease's market potential.
• Digital transformation in finance enhances Clicklease's tech-driven leasing approach.

What critics are saying

• Increased competition from fintech companies may erode Clicklease's market share.
• Rising interest rates could reduce demand for Clicklease's payment plans.
• Regulatory scrutiny may lead to higher compliance costs for Clicklease.

What makes Clicklease unique

• Clicklease approves any customer, regardless of credit, unlike traditional lenders.
• Same-day funding improves vendor cash flow, setting Clicklease apart from competitors.
• Instant application decisions increase web conversion rates by up to 30%.

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Funding

Total Funding

$73M

Above

Industry Average

Funded Over

2 Rounds

$63,000,000

Series A

Aug 2021

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.

Series A Funding Comparison

Above Average

Industry standards

Ind Avg. $15M

$3.7M

$5M

$8.2M

$15M

$30M

$63M

View all funding stages