Last updated July 23, 2025

Shopify Promotion

The Shopify Capital Loan promotion (“Promotion”) allows you to reduce your Shopify Capital Loan Fees when you receive your Shopify Capital Loan funds into your Shopify Balance account and make Shopify Balance your payout account for Shopify Payments during the entire loan duration. The Promotion is issued in accordance with the terms below. You must have a Shopify Balance account to participate in the Promotion.

To participate, you agree to be bound by these terms, which modify the terms of your Shopify Capital Loan Agreement. Capitalized terms not otherwise defined here follow their definitions in the Shopify Capital Loan Agreement or the Shopify Merchant Terms of Service (the "Shopify TOS.")

Eligibility

  • You must meet the following conditions:
    • Book a call with Sales
    • Apply, be approved for, and accept a Shopify Capital Loan offer
    • Be eligible for and have a completed set up of both your Shopify Payments and Shopify Balance accounts.
    • Maintain Shopify Balance as your payout account for Shopify Payments during the entire Shopify Capital Loan duration
    • Receive your Shopify Capital Loan funds into your Shopify Balance account
    • Have your Store country set to the United States (excluding the US Virgin Islands). Changes to Store country may result in ineligibility to earn the Promotion.
  • If you cancel your Merchant account or Store, or if your account is “frozen” by Shopify (for example, for potential Shopify TOS violations), you are no longer eligible for the Promotion.
  • You will no longer be eligible for the Promotion if you: (i) become ineligible for Shopify Payments or Shopify Balance, (ii) are in violation of these terms, your Shopify Capital Loan Agreement, the Shopify TOS, or the Shopify Payments Terms of Service, or (iii) are no longer subscribed to a Qualifying Plan while the Promotion is active.

Promotion

  • The Promotion may be earned during the “Promotion Period.” The Promotion Period is [July 23 - August 8, 2025].
  • If you apply and are approved for a Shopify Capital Loan offer, then upon accepting the offer and choosing Shopify Balance as your payout account, you will receive a 10% discount on your Shopify Capital Loan fee.
  • The Promotion will be applied at the time the funding is approved, and the cost of borrowing will be calculated using the discounted Shopify Capital Loan fee. Typically, it takes 1–3 days for the funds to be deposited to your Shopify Balance account after approval.
  • You must maintain Shopify Balance as your payout account for the duration of the Shopify Capital Loan. If you fail to comply with this or any other obligation under these Promotion terms, then your discount may be revoked, and the full Shopify Capital Loan Fee amount may be applied to your Shopify Capital Loan, which means your cost of borrowing will be re-calculated from the inception of the loan term using the non-discounted Shopify Capital Loan Fee amount.

Other Fees, Taxes, Liability

  • You remain responsible for all other Fees payable under the Shopify TOS and the Shopify Payments Terms of Service, including, without limitation, foreign exchange fees and third-party transaction fees that are applicable when processing transactions using a third-party payment provider (“Additional Fee”). You are not entitled to any rebate or discount on any such Additional Fees.
  • You are responsible for any and all tax liability resulting from earning the Promotion.

Additional Terms Apply

When using Shopify Payments, you are required to comply with the applicable Shopify Payments Terms of Service, your Shopify Capital Loan agreement, and the legal terms that apply to your Shopify Balance account. The Promotion may be cancelled or terminated for non-compliance with any of such terms.

General

  • Eligibility; cancellations: Determinations of eligibility for this Promotion will be made in our sole discretion. We reserve the right to any remedy, including cancellation of your Merchant account or promotional credits, if fraud, tampering, technical errors, or violations of any applicable legal terms are suspected.
  • Changes; Termination: We reserve the right to cancel or change the Promotion or these terms at any time in our sole discretion.
  • Notice: Any notice provided by us with respect to these terms will be deemed provided the day it is posted on our website.
  • Severability: If any provision in these terms is deemed invalid, void, or unenforceable, such provision (or the portion of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.

Shopify Capital Loans

  • All loans through Shopify Capital Loans are issued by WebBank.
  • Shopify Capital Loans must be paid in full within 18 months, and two minimum payments apply within the first two 6 month periods.
  • Offers to apply do not guarantee funding. Repayments are made based on a percentage of daily sales.

Shopify Balance

  • Shopify partners with Stripe, Inc. and affiliated companies, and financial institution partners including Evolve Bank & Trust, Member FDIC, and Celtic Bank to offer money transmission, banking, and issuing services, respectively.
  • Shopify Balance has no monthly, transfer, or hidden fees. Shopify doesn’t charge any ATM withdrawal fees, but you may be charged by an ATM provider.