Trying to acquire funding and capital for your business can feel overwhelming when you’re in the middle of trying to figure out everything else. Most common options for funding like banks and investors will ask for a detailed business plan with projections, marketing plans, the current capital, business credit, personal credit, assets, and more.
However, when you’re first starting you may not have all of those things 100% mapped out. And this barrier to funding is what makes Shopify capital amazing. Since I’ve qualified for Their funding since 2019, I’d love to share my experience with you, how I’ve invested and what I’ve learned along the way.
In this review, I will cover 6 things:
- What is Shopify capital?
- How I qualified for and received the capital.
- How the deposits and payments work.
- Advance requirements & legal aspects.
- What happens during hardships?
- How I invested the funding.
I also have an article to go along with this episode, you can check it out HERE.
This episode is also originally a YouTube video, you can watch the full video HERE.