Feeling trapped in your Clover contract? Many merchants find themselves wanting out but unsure of their options. Let's explore what cancellation really involves and how to minimize costs.
Find your original merchant agreement. Look for terms around early termination, notice periods, and cancellation fees.
Common fees include: early termination fee ($200-$500+), remaining lease payments, and equipment return costs.
Call your payment processor (not Clover) to discuss cancellation. Ask about waiver options or reduced fees.
If your contract is close to ending, it may be cheaper to wait. Some processors also have buyout or conversion options.
| Feature | Clover | CapClover |
|---|---|---|
| Customer Support | ✗ Long hold times, unresponsive | ✓ Your assigned rep's direct line |
| Business Funding | ✗ Limited or no options | ✓ Up to $500,000 |
| Approval Time | ✗ Weeks or denied | ✓ Same-day decisions |
| Hidden Fees | ✗ Frequently reported | ✓ Transparent pricing |
| Contract Terms | ✗ Early termination fees | ✓ Flexible terms |
Get business funding up to $500,000 with your own dedicated rep - this is their direct line, not a call center.