Key benefits and features of Shopify Line of Credit

Shopify Line of Credit is a valuable tool that offers approved merchants access to a credit limit that they can withdraw from whenever they need it. This means that you can receive cash in your bank account within days, so long as it's within your credit limit. Interest only begins to apply after you have withdrawn money through Shopify Line of Credit.

With its Annual Percentage Rate (APR) based cost structure, flexible loan options, and manageable payment terms, Shopify Line of Credit provides a convenient and affordable solution for managing your business's financial needs.

Annual Percentage Rate (APR) based

When using Shopify Line of Credit, the cost of borrowing is determined by the APR, which factors in both interest costs and additional fees (if applicable). The monthly interest costs are calculated based on the applicable interest rate, which is only applied for the duration that you carry a balance on the line of credit. This means that you're only charged interest on the funds you use, making it a cost-effective solution for effectively managing your finances. For more information on APR, refer to the glossary of terms.

Flexible loan

Through Shopify Line of Credit, you have the flexibility to access funds whenever you need them, up to your available credit limit. This is particularly useful for managing your cash flow and addressing any immediate financial needs that arise in your business. Whether you need to invest in inventory or cover unexpected expenses, Shopify Line of Credit provides you with the financial freedom to do so.

Credit limits

Through Shopify Line of Credit, you can apply for credit limits of up to $800,000 USD, depending on your eligibility. Offers are subject to change during the application process. For more information, refer to the Shopify Line of Credit eligibility requirements.

If you're looking for a different funding amount, then you can request a personalized consultation.


  1. From your Shopify admin, go to Finances > Line of Credit.
  2. Click Schedule a call.

By scheduling a call, you will be connected with a dedicated funding advisor who will work closely with you to understand your business needs and discuss the line of credit terms you may be eligible for that align best with your specific requirements.

Six-month payment term

When you withdraw money from your Shopify Line of Credit, the amount is repaid over six monthly payments of principal and interest. If you have an outstanding balance, then from your Shopify admin, you can find the following payment details:

  • upcoming payments
  • the date a payment is due
  • the amount of the payment
  • when your current payments will be complete

The payment terms are designed to provide you with a manageable and predictable payment structure, ensuring that you can comfortably repay the loan within the specified timeframe. Learn more about withdrawing funds and payments.

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