Clover Business Capital

About Clover

Clover is a leading point-of-sale (POS) and payment technology provider, helping businesses accept card and digital payments in-store, online, and on the move. Originally founded in 2010, Clover was acquired by First Data in 2012, which later became part of Fiserv in 2019. Today, Clover operates as one of Fiserv's flagship commerce and payment platforms.

Designed primarily for small and medium-sized businesses, Clover combines smart card terminals with cloud-based software to help merchants manage payments, inventory, staff, reporting, customer loyalty, and online ordering from a single platform. Its range of products includes countertop and portable card machines, POS systems, ecommerce payment solutions, invoicing, and integrated business management tools for sectors including retail, hospitality, beauty, and professional services.

Alongside its payment technology, Clover offers eligible merchants access to Clover Business Capital, a merchant cash advance powered by Liberis. The funding is based on your card sales, with repayments automatically collected as a percentage of future card transactions, providing flexible finance that moves with your business.

Key Milestones

• Clover serves around 700,000 businesses worldwide across retail, hospitality and service industries
• Clover invested over £24 million to support UK small business growth during 2024
• Acquired by First Data in 2012, before becoming part of Fiserv in 2019
• Fiserv is one of the world's largest merchant acquirers and payment technology providers
• Clover partnered with Liberis to launch Clover Business Capital for eligible UK merchants.

Clover's Merchant Cash Advance – At a Glance

Clover Business Capital is a merchant cash advance designed for businesses that process card payments using Clover. Powered by Liberis, eligible merchants can access funding from £1,000 up to £500,000, with offers based largely on their card transaction history.

Unlike a traditional business loan, repayments are automatically taken as an agreed percentage of future card sales. This means repayments rise and fall with your business turnover, making it a flexible funding solution during both busy and quieter trading periods.

Businesses can use the funding for almost any legitimate business purpose, including:

• Purchasing stock or inventory
• Buying equipment or upgrading technology
• Shop or premises refurbishments
• Repairs and maintenance
• Marketing and business expansion
• Bridging seasonal cash flow gaps

Eligibility Criteria

To be eligible for funding through Clover Business Capital, your business will typically need to:

• Be based in the UK
• Have a trading history of at least four months of card transactions
• Be an existing Clover customer
• Process a minimum of £1,000 in card payments each month
• Operate as a sole trader, partnership, or limited company

Meeting these requirements does not guarantee approval, as all applications are subject to assessment by Liberis.

How to Apply for a Clover Business Capital

Applying for Clover Business Capital is straightforward and can usually be completed online through Clover's funding partner, Liberis.

Application process

1. Visit the Clover Business Capital application page
2. Confirm your business details online (the application usually takes just a few minutes)
3. Receive a funding decision and choose your preferred offer
4. If approved, funds are typically deposited into your linked business bank account in as little as two working days, with repayments automatically taken as a percentage of future card sales.

Reviews

Clover has a 'Poor' 2.1 rating on Trustpilot.

This rating reflects Clover’s overall experience and does not specifically relate to the Clover Business Funding product.