Shopify Capital merchant cash advance for merchants in the United States

In the United States, Shopify Capital offers merchant cash advances. A merchant cash advance is a lump sum of money that you can apply to receive for a fixed fee. You pay Shopify Capital a percentage of your daily sales until the total amount is paid. The total to remit and the remittance rate depend on your risk profile.

For example, Shopify Capital might advance you 2,000,000 USD for 2,260,000 USD paid from your store's future sales, with a remittance rate of 10%. The 2,000,000 USD amount that you receive is transferred to your business bank account, and Shopify Capital receives 10% of your store's gross daily sales until the full 2,260,000 USD total to remit has been remitted. After you remit over 25% of your total to remit, then you have the option to remit the remaining balance in a single lump sum.

There is no deadline for remitting the total to Shopify Capital. The daily remittance amount is determined by your store's daily sales, because the remittance rate is a percentage of your store's daily sales. The remittance amount is automatically debited from your business bank account.

If your store is eligible to apply for a merchant cash advance, then you'll receive an email from Shopify Capital and a message on the Home page of your Shopify admin. You can also check your eligibility directly from the Capital page of your Shopify admin.

Request a merchant cash advance

You can view your funding offers and request a merchant cash advance directly from the Capital page of your Shopify admin.


  1. From your Shopify admin, go to Settings > Capital.

  2. Find the eligibility message from Shopify Capital, and then click View funding offers.

  3. On the Capital page, compare the terms of the different funding options, and then click Request beneath the option that you want.

  • The terms of each option include the amount received, the total to remit that Shopify Capital will buy, and the remittance rate that will be deducted from your daily sales and remitted to Shopify Capital.
  1. In the Review and accept terms dialog, carefully review the Terms and conditions section, and then click Shopify Capital Agreement to open it in another browser tab.

  2. Carefully review the terms of the Shopify Capital Agreement and the Pre-authorized debit agreement. If you agree with the terms, then go back to the Review and accept terms dialog, and click Accept terms.

Your request will be reviewed by Shopify Capital, and you'll hear whether you've been approved within 2 to 5 business days. If you're approved, then your merchant cash advance is delivered to your business bank account.

Two days after you've received the merchant cash advance, Shopify Capital debits the daily remittance from your business bank account based on your sales revenue each day.

Keep track of your merchant cash advance remittances

After receiving your merchant cash advance, you can track the remaining balance of your total to pay back, or remit, in your Shopify admin by going to Settings > Capital.

From the Capital page, you can view:

  • the remaining balance.
  • the amount that you've paid, what percentage of the total is paid, and the transfer history.

You can view each day's sales revenue in the Total sales column of the transfer history section. You can view how much is paid to Shopify Capital in the the Amount column.

Remit the remaining balance

When you've remitted over 25% of your total to remit, then you have the option to remit the remaining balance in a single lump sum. The payment is debited from the same business bank account that's tied to your Shopify account. The option to remit the remaining balance becomes available only after you've remitted at least 25% of your total to remit.


  1. From your Shopify admin, go to Settings > Capital.

  2. Click Remit balance.

  3. At the prompt, review the balance to be remitted. If you're sure that you want to remit the full amount of the remaining balance, then check the authorization box and click Remit balance.

It might take up to 3 business days to process the lump sum remittance. All regular remittances are paused during the processing period.

You receive a confirmation email when your lump sum remittance is complete.

Understanding remittance

For every day that you make sales, a fixed percentage (the remittance rate) is applied to the gross amount of your sales to calculate your remittance. On days when your sales are high, your remittance is bigger, and on days when your sales are low, your remittance is smaller. You continue to make remittances until Shopify Capital has received the full agreed amount of your future sales revenue (the total to remit). Each remittance is automatically debited from your bank account and remitted to Shopify.

For the purpose of calculating remittance, your store's daily sales revenue includes every order that was marked as paid that day, regardless of the source of the order, how payment was processed, or whether the order was later refunded or canceled.

This table shows an example of five days of remittances for a merchant who has sold $15,000 worth of their future sales revenue to Shopify Capital, with a remittance rate of 10%:

Example of remittances
Day Daily revenue Shopify Capital's share Balance
1 150,000 USD 15,000 USD 1,998,500 USD
2 225,000 USD 22,500 USD 1,976,000 USD
3 187,500 USD 18,750 USD 1,957,250 USD
4 262,500 USD 26,250 USD 1,931,000 USD
5 157,500 USD 15,750 USD 1,915,250 USD

Excluding test orders from remittance

When calculating remittance, the only orders that are not included in your store's daily sales revenue are test orders that are placed when Shopify Payments is in test mode. If test mode is not enabled when an order is placed, then the order is included in your store's sales revenue when the day's remittance is calculated.

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