How to get Shopify Capital ?

Shopify Capital is a financing option available to eligible merchants using the Shopify platform. It's designed to provide quick access to funds based on your sales history and business performance. Here's a step-by-step guide on how to get Shopify Capital:  1. Check Your Eligibility- Sales History: Shopify Capital typically considers your past sales through the platform. You usually need to have been operating your Shopify store for a certain period (often at least a few months) and have maintained a sufficient sales volume. - Account Requirements: Ensure your Shopify account is in good standing and that you are using Shopify Payments or another supported payment processor.  2. Access Shopify Capital in Your Dashboard - Log in to your Shopify Admin panel. - Click on Finances in the left-hand sidebar (or find the "Capital" link under "Settings" if it's listed there). - Look for the Shopify Capital option. If you are eligible, you should see information about available cash advances or loans, including the amount and terms. 3. Review Your Offer - Once you find the Shopify Capital section, review the financing offer presented to you. - Take note of the amount offered, the repayment terms, and the payback percentage (i.e., the percentage of your daily sales that will go toward repaying the advance/loan). - Sometimes, multiple options (cash advance vs. loan) may be available, so you can choose the one that best fits your needs.  4. Accept the Offer- If the terms work for you, you can accept the offer directly through your Shopify Admin dashboard. - You may need to agree to specific terms and conditions before finalizing the agreement. 5. Receive Your Funds- Once you accept the offer, the funds will typically be disbursed quickly, usually within a few business days. - The funds will be directly deposited into your business bank account.  6. Monitor Repayments - Shopify will automatically deduct repayments from your daily sales based on the agreed percentage. - You can monitor your repayment progress through your Shopify Admin dashboard, where you can see how much has been repaid and how much remains.  Important Considerations - Use of Funds: Be clear on how you plan to use the funds (inventory purchases, marketing, operational expenses, etc.) to ensure they positively impact your business. - Repayment Impact: Since repayments are based on daily sales, understand how fluctuations in your sales might affect your ability to maintain cash flow. - No Credit Check: Shopify Capital doesn’t usually require a credit check, but it's crucial to remember that maintaining good sales performance is key to future offers. Conclusion Getting Shopify Capital can be a straightforward process if you meet the eligibility requirements. Accessing funds quickly can help in various aspects of your business, such as inventory purchases or marketing campaigns. Always ensure that you assess the repayment terms and plan accordingly to maintain healthy cash flow. If you do not see an offer in your dashboard and believe you should be eligible, it's worth reaching out to Shopify support for assistance.