How do I get funding to grow my e-commerce business?
Asked 3 years ago
If one doesn't have the personal funds to grow their business, are there alternative funding routes that can be taken? Are there viable options that won't sacrifice business equity? Business loans seem like the most obvious route, however, it seems risky. I've heard that Shopify capital provides startup capital for e-commerce businesses. Does anyone know how that works and what the steps are to check eligibility for this?
Geovanni Buckley
Tuesday, October 05, 2021
Growing an e-commerce business isn't a cakewalk and it requires a lot of planning and dedication. To get funds for it, a business loan is a great choice, but Shopify Capital can be an amazing option. It has minimal paperwork to get approved. With Shopify Capital, you get the necessary fund very quickly. Most importantly, you repay the money as the percentage of your total sales on Shopify.
Art Barnett
Friday, May 27, 2022
Shopify capital funding is a good and viable option if you want to raise money for your business. Without any excess paperwork hassle, you can get funding for your business's inventory, marketing, or payroll through Shopify.
Check your eligibility for this e-commerce funding by following these steps:
- Log into your Shopify Account.
- Click Settings from the admin page.
- Press Capital.
- Select the relevant option from the three available loans.
- Verify the required information.
- Read and agree to the terms and conditions.
- Submit the application.
Later, you will receive a message if you are eligible for the funding.
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