Apply for Shopify Capital: 3 Things You Need to Know

For Shopify merchants looking to expand their business or manage cash flow, Shopify Capital offers a convenient, integrated financing option. By providing quick access to funding based on a business’s sales history and performance, Shopify Capital allows businesses to unlock capital without going through traditional loan processes. However, while Shopify Capital may work for some, it might not be the best fit for everyone. Yardline, a leading funding partner for ecommerce businesses, offers a more tailored and flexible approach to financing, helping Shopify sellers meet their unique needs.

These are three important things Shopify businesses should consider when applying for funding, including the advantages Yardline offers. Whether you're ready to apply for Shopify Capital or are exploring alternatives, here’s what you need to know.

1. Fast and Flexible Funding

When businesses apply for Shopify Capital, one of its most appealing features is the speed and ease of obtaining funds. Once a Shopify business is pre-approved based on its sales performance, funding can be made available relatively quickly. However, while Shopify Capital offers convenience, it can be limited in terms of funding options and flexibility.

On the other hand, Yardline takes fast and flexible funding to the next level. Merchants can apply in just a few minutes, and approval decisions are typically made within 24 hours. This rapid turnaround is essential for businesses that need quick access to capital, whether it’s to seize growth opportunities, manage inventory, or cover urgent expenses.

Yardline also stands out for offering funding amounts ranging from $5,000 to $20 million, making it suitable for businesses of all sizes, from small startups to more established Shopify sellers. This range is significantly broader than Shopify Capital’s offerings, providing businesses with more options to choose from based on their specific financial needs.

2. Tailored Financial Solutions

Every business is different, which means a one-size-fits-all approach to financing may not always work. While Shopify Capital provides a straightforward financing option based on sales, it doesn’t offer much flexibility in terms of financial solutions. Shopify merchants who find that Shopify Capital’s offerings don’t align with their growth plans or cash flow cycles may want to explore other avenues.

Yardline recognizes that each business is unique, which is why they offer a wide array of funding options tailored to meet the specific needs of Shopify sellers. In addition to Shopify’s integrated financing, Yardline provides:

• Small Business Loans
• Revolving Lines of Credit
• Revenue-Based Financing

These financial solutions give merchants the flexibility to choose the option that best aligns with their business goals. Whether you need more inventory, want to run additional advertising campaigns, or are preparing for a product launch, Yardline’s diverse options allow you to select the best funding model to support your business’s cash flow and growth strategy.

3. Competitive Rates and Terms 

For any business, the cost of financing is a critical factor. When you apply for Shopify Capital, the repayment terms are based on a fixed percentage of your daily sales, which may work well for businesses with consistent revenue but can strain cash flow during slower periods. Additionally, while Shopify Capital offers competitive terms for some, it may not provide the most affordable rates for every business.

Yardline distinguishes itself by offering competitive rates and terms designed to support growth without burdening businesses with excessive financial strain. Yardline’s deep understanding of the ecommerce industry allows them to craft financing solutions that are both affordable and aligned with the unique revenue cycles of online businesses. This focus on transparency and fair terms makes Yardline a trusted partner for many Shopify sellers looking to grow sustainably.

In comparison to Shopify Capital, Yardline offers more flexibility in how repayments are structured, making it easier for businesses to manage their cash flow. This commitment to fair rates and terms positions Yardline as a better alternative for businesses that need a custom approach to financing.

Yardline Offers the Best Funding Alternative

While Shopify Capital offers a convenient funding option for Shopify sellers looking to grow their business, it may not always be the best fit for everyone. The fixed terms and repayment structure of Shopify Capital can be limiting, especially for businesses with varying sales cycles. In contrast, Yardline provides a wider range of financial solutions, more competitive rates, and flexible terms that can help your business thrive in the long run.

If you're considering your options, Yardline is an ideal choice for businesses seeking more flexibility and control over their funding. Whether you're exploring how to apply for Shopify Capital or looking for a smarter funding alternative, Yardline can help you unlock the capital you need to grow your business. With Yardline, you can apply for funding today and get approved in as fast as 24 hours.

To get started and take the next step towards scaling your Shopify business, visit Yardline and apply for funding today.