If you’re a Shopify merchant, you may be eligible for Shopify Capital. Shopify Capital is funding provided by Shopify to help grow your business. It’s quick and easy to apply, and you can get approved for funding in as little as 24 hours
To be eligible for Shopify Capital, you must:
- Be a merchant using Shopify
- Be based in the United States or Canada
- Have been in business for at least 3 months
- Make at least $5,000 USD in sales per month
What is Shopify Capital?
Shopify Capital is funding provided by Shopify to help grow your business. It’s quick and easy to apply, and you can get approved for funding in as little as 24 hours.
Why should I use Shopify Capital?
Shopify Capital can help you grow your business by giving you access to the funding you need to invest in inventory, hire staff, or marketing initiatives. With Shopify Capital, there are no fees or repayments required until you make a sale, and you only pay back what you borrow.
How do I apply?
You can apply for Shopify Capital from your Shopify admin. If you’re eligible, you’ll see an option to apply when you go to Finances > Shopify Capital.
PRO TIP: If you are thinking about applying for Shopify Capital, please be aware that there are some requirements you must meet in order to be eligible. First, you must have a Shopify store that has been open for at least 90 days. Additionally, your store must be generating at least $2,000 in monthly revenue, and you must have a good credit score. Please note that meeting these requirements does not guarantee that you will be approved for funding.
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