You thought your contract was ending, only to discover it automatically renewed for another term. Now you're locked in again, possibly with new rates or facing early termination fees. Auto-renewal clauses are designed to trap merchants - but you may have options.
Find the auto-renewal clause. It should specify: renewal term length, required notice period, and how to opt out.
Many states require companies to remind you of auto-renewal before it happens. If they didn't, the renewal may be voidable.
Even if you missed the window, send written notice now to prevent the next renewal. Keep copies of everything.
States like California, New York, and Illinois have strict auto-renewal laws. If Clover didn't comply, you may be able to void the renewal.
| 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.
Most Clover contracts include clauses that automatically renew for additional terms (often 1-2 years) unless you cancel within a specific window (typically 30-90 days before expiration).
Once renewed, you may face early termination fees. However, if the company failed to provide required notice or violated state laws, you may challenge the renewal.
California, New York, Illinois, Oregon, and several others have laws requiring clear disclosure and reminders before auto-renewal. Check your state's specific requirements.
Set a calendar reminder 90 days before your contract expires. Send written cancellation notice via certified mail and keep the receipt as proof.