Get a quote today for a Shopify Merchant Cash Advance finance or business loan.
Do you have a Shopify eCommerce store and are looking for finance? We can help you apply for a wide range of Shopify finance 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.
Disclaimer: We are not affiliated with Shopify
Shopify Merchant Cash Advance Loans
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.
As well as cash advances, we also work with a wide range of third party Shopify loan providers. We can source business loans for eCommerce businesses using the Shopify platform.
As a business loan broker, we have a wide range of lending options from new start ups to established businesses.
Shopify Capital Alternatives
We work with a numnber of loan providers that offer a Shopify Capital Alternative.
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 business loan. You may also want to compare fees and rates.
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.
We work with a number of independent business finance providers, that cater to Shopify store merchants.
Call us on 0161 5469128 or fill in the form below to apply.