How Shopify Capital works
The right amount, at the right time
Instead of spending hours at the bank, filling out paperwork with no guarantees, we’ll come to you with merchant cash advance funding options, tailored to your business. You decide which amount will help you reach your goals, and we’ll deposit the funds. It’s that easy.
All the capital, none of the complications
Unlike loans, merchant cash advances don’t require monthly payments and there’s nothing to set up with your bank. The merchant cash advance will be remitted to Shopify automatically as you make daily sales. The more sales you make, the sooner you’ll deliver the total amount of receivables purchased to Shopify. And, if your store makes no sales on a given day, you’ll remit nothing.
With Shopify Capital, you get the money you need to grow your business with just a few clicks. There is no lengthy application process and no paper forms to fill out. If you’re eligible, you’ll receive an email and a notification in Shopify.
Eligibility is currently limited to a small group of merchants within the United States, but we plan to expand this program to more merchants over the coming months.
“We would have had to borrow money from friends or raise capital from investors, possibly giving up some equity had Shopify Capital not come around.”