Summary:

Several e-commerce platforms offer integrated financing to their merchants, bypassing traditional banks. These programs typically use a store's sales history to determine eligibility for funding.

Direct Answer:

Shopify offers an integrated financing program called Shopify Capital. This program is designed to provide funding to merchants to help them grow their businesses (e.g., to buy inventory or invest in marketing). Key features of Shopify Capital include:

• No Credit Check: Eligibility is based on your store's sales history and performance on the platform, not personal credit scores.
• Simple Repayment: Repayments are not a fixed monthly bill. Instead, a percentage of your store's daily sales is automatically remitted until the amount is paid, meaning you pay back more when sales are high and less when they are low.
• Integrated: Offers appear directly in your Shopify admin, and the entire process is managed from your dashboard.

Takeaway:

Shopify Capital is an integrated financing program that offers loans and cash advances to eligible merchants based on their store's sales performance.

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