Shopify Capital
Fast, flexible funding for Shopify merchants, repaid as you sell.
Executive Summary
Shopify Capital is a financing program designed exclusively for eligible Shopify merchants, offering merchant cash advances and business loans. This program provides quick access to capital directly within the Shopify admin, leveraging a merchant's store performance and sales history to determine eligibility and customize funding offers. It aims to support businesses at various stages of growth by providing the necessary funds for expansion and operational needs. The financing options include one-time loans and a continuous funding solution called a 'flex account.' Repayment is flexible and performance-based, typically a percentage of daily sales, ensuring that repayments align with the business's revenue flow. This transparent pricing model and adaptable repayment structure differentiate Shopify Capital from traditional lending, making it a suitable option for merchants seeking growth capital without rigid repayment schedules. Merchants can easily check their eligibility and manage their funding directly from their Shopify admin. The capital can be utilized for various business needs, such as purchasing inventory, funding marketing campaigns, expanding product lines, or covering operational expenses. Shopify Capital is integrated seamlessly into the Shopify ecosystem, providing a convenient and accessible funding solution to help merchants scale their businesses.
Use Cases
- Purchasing inventory to meet increased customer demand or prepare for peak seasons.
- Funding marketing and advertising campaigns to acquire new customers and boost sales.
- Expanding product lines or launching new products to diversify offerings.
- Investing in new equipment, technology, or store improvements to enhance operations.
- Managing cash flow during slower sales periods or for unexpected business expenses.
Features
Visibility
- Real-time Repayment Tracking: Monitor daily repayment progress directly within the Shopify admin, based on a percentage of sales.
- Personalized Funding Offers: View customized cash advance or loan offers tailored to your store's performance and growth potential.
- Funding History Overview: Access a comprehensive record of past funding, repayments, and current balances.
Support
- In-Admin Support: Access help and support resources for Shopify Capital directly within your Shopify admin.
Technical Specifications
- Deployment
- SaaS
- API Available
- No
Security & Compliance
Certifications: SOC 2 Type II, SOC 3
Pricing
- Model
- Performance-based merchant cash advance or fixed-term loan with flexible repayment.
- Starting Price
- Personalized offers based on eligibility
- Target Customer
- SMB,Mid-Market
- Contract Type
- One-time loan, Flex account (continuous funding)
About Shopify
Shopify is a Canadian multinational e-commerce company that provides an all-in-one commerce platform for businesses to start, run, and grow. It offers essential internet infrastructure for commerce, enabling merchants to sell online, in-store, and across various channels.