If you're locked into a Clover equipment lease, you may be paying 3-4x what the equipment is worth. Many merchants signed leases without understanding the total cost. You're not alone - this is one of the most common complaints we hear about Clover.
Multiply your monthly payment by the lease term. A $99/month lease over 48 months equals $4,752 - for equipment worth $1,200. Understanding this helps you evaluate your options.
Check your lease agreement for buyout clauses. Some leases allow early termination for a lump sum. Calculate whether paying to exit saves money versus continuing payments.
Contact the leasing company directly (not Clover). Explain your situation and ask about reduced buyout amounts or modified payment terms. They may negotiate rather than risk default.
If you were misled about lease terms or costs, consult with a business attorney. Some merchants have successfully voided leases due to misrepresentation by sales agents.
| 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.