Shopify Capital overview

If you need additional funds to develop your business, then you might be eligible for funding from Shopify Capital through a cash advance or loan.

If you're eligible for funding from Shopify Capital, then you'll see an offer in your Shopify admin. If you click to apply, then it typically takes 2-5 business days for your application to be processed. If you're approved, then you could receive the money in your business bank account within two business days.

You might find it helpful to read our glossary of terms before reading about Shopify Capital and its funding options.

Eligibility for funding from Shopify Capital

If you're eligible for funding from Shopify Capital, then you'll receive an email and see a message on the Home page of your Shopify admin inviting you to view your available funding options.

If you do not receive an invitation to view your funding options, then you are not eligible for funding from Shopify Capital at this time.

Authenticate your business bank account

If you're eligible to authenticate your business bank account, then you'll see a message on the Home page of your Shopify admin inviting you to connect your business bank account.

Authenticating your business bank account increases your chances of being eligible for additional funding from Shopify Capital. Shopify uses the transactional data from your connected business bank account to verify the health of your business and maximize the amount of funding offered by Shopify Capital.

Shopify Capital and Shopify Payments

Shopify Capital is available to eligible merchants using Shopify Payments as well as eligible merchants using third party payment gateways. We encourage you to use Shopify Payments as it's a first party product, designed to help you succeed through a powerful view of your performance, custom analytics, and access to other Shopify financial solutions.

If you're using Shopify Payments when you receive funding from Shopify Capital, then you can't deactivate Shopify Payments until the total amount owed is fully repaid. If you try to deactivate Shopify Payments while you're in an ongoing funding agreement with Shopify Capital, then you'll see an Unable to deactivate Shopify Payments message. When the total amount owed is fully repaid, you can deactivate Shopify Payments if you wish to do so.

You can still change the business bank account associated with your Shopify Payments from Settings > Payment providers. This changes the business bank account where your Shopify Payments payouts are deposited to, as well as where your Shopify Capital repayments are withdrawn from. The repayments and payouts cannot happen from separate accounts.

Shopify Capital and third-party payment providers

If you're using a third-party payment provider, then you can change your banking information at any time by clicking Change bank account on the Capital settings page of your Shopify admin.

Accept a funding offer from Shopify Capital

If you're eligible for funding from Shopify Capital, then you'll see an invitation with your available funding options on your Home page.

Steps

  1. On your Home page containing the invitation, click Request under the offer you want.

  2. Review the terms for your application and then click Accept terms.

  3. On the Apply for Shopify Capital page, enter the required details and then click Next.

  4. In the Add business bank account section, enter your bank details and then click Next.

  5. Under Review funding details, review your information and then click Apply for offer.

You might need to submit additional documents before your funding application is approved. You are notified by email if your application is approved.

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