Shopify Merchant Cash Advance – Shopify Capital Alternative UK 2022

Last updated on May 16th, 2022 at 12:11 pm

Get a quote today for a Shopify Merchant Cash Advance or business loan.

Do you have a Shopify eCommerce store and are looking for finance? We can help you apply and gets quotes for a Cash Advance or loan.

Borrow up 200% of your average monthly Shopify Payments takings for a fixed repayment amount. Repay the funding with a percentage of you future debit/credit card takings.

There are a number of business finance options available as an alternative to Shopify Capital.

Call us on 0161 5469128 or fill in the form below to apply.

By clicking "SUBMIT", I agree to Bolton Business Finance Terms and Conditions and Privacy Policy.

Shopify Cash Advance

A Merchant Cash Advance is a type of business funding that is available to eCommerce businesses built on Shopify. If you accept card payments via Shopify Payments or another merchant service provider, you could be eligilble.

Use funds to grow your business, buy stock, pay for marketing or just for general cashflow.

Shopify Cash Advance Example

Average Monthly Card Sales: £20,000

Amount of Finance: £20,000

Factor Rate: 1.25

Total Repayment: £25,000

Repayment Sweep: 10%

So in this example you borrow £20,000 and then repay 10% of your future card takings until you repay £25,000. Could be subject to minimum payments.

Shopify Capital Alternatives

As you may be aware Shopify has its own business funding solution called ‘Shopify Capital’. It works like a standard Merchant Cash Advance, however not all merchants are eligible.

If you are not eligible or have been declined, you can still apply for a merchant cash advance or loan. You may also want to compare fees and rates.

We work with a number of independent business finance providers, that cater to Shopify store merchants.

Apply: Shopify Merchant Cash Advance or Loan

As an independent business finance brokers, we help Shopify store owners source finance. Even if you have been declined by Shopify Capital.

Call us on 0161 5469128 or fill in the form below to apply.

By clicking "SUBMIT", I agree to Bolton Business Finance Terms and Conditions and Privacy Policy.