Shopify Capital vs MFE
Shopify Capital and Merchant Fund Express compared on eligibility, repayment and products, checked October 2026.
| Shopify Capital | Merchant Fund Express | |
|---|---|---|
| How it works | Offers only to select Shopify merchants | Marketplace: one application matched with multiple funders |
| Minimum credit | No credit check | 500 minimum (better credit, better offers) |
| Time in business | Selling on Shopify 90+ days | Varies by funder and product |
| Revenue | Based on store sales | Varies by product |
| Amounts | Up to $2M | $25,000 to $5,000,000 (product ranges) |
| Speed | As quick as two business days if approved | Same-day decision; funding typically next business day after signing |
| Products | Funding repaid by a percentage of daily store sales | Merchant cash advance, business line of credit, second position funding, buyouts on balances of $100,000 or less |
| States | US, Canada, UK, Australia | All 50 states |
Sources: Shopify Capital Shopify Capital; checked October 2026. Shopify Capital is a trademark of its owner; Merchant Fund Express is not affiliated.
Shopify Capital offers funding only to select Shopify merchants based on store sales; Merchant Fund Express accepts any business and matches one application with multiple funders.
Credit: Shopify says no credit check; Merchant Fund Express publishes a 500 credit minimum.
Repayment: Shopify takes a percentage of daily store sales; Merchant Fund Express offers vary by funder.
Amounts: Shopify up to $2M; Merchant Fund Express offers depend on deposits, with buyouts on balances of $100,000 or less.
Speed: Shopify says as quickly as two business days if approved; Merchant Fund Express publishes same-day decisions with funding typically next business day after signing.
Products: Shopify offers one product; Merchant Fund Express offers MCAs, lines of credit, second position funding and buyouts.
Illustrative scenario: a skincare brand selling $50,000 a month on Shopify with a Shopify Capital offer may find it the simplest path. A similar brand selling $20,000 a month on Shopify and $30,000 through Amazon and retail would see a Shopify offer sized on $20,000, while a deposit-based funder would review all $50,000.
Repayment rhythm: Shopify takes a percentage of daily store sales, so a slow week reduces payments automatically. Many advances use fixed daily or weekly debits; ask about adjustable schedules if sales swing.
Availability: Shopify Capital serves the US, Canada, UK and Australia, but only select merchants. Merchant Fund Express accepts direct applications from US businesses.
If you already have Shopify Capital and need more, ask a marketplace about second position funding and disclose the Shopify balance.
Compare offers at identical amounts.
If you have a Shopify offer that fits, it is simple. If you have no offer, sell across channels, or need a buyout or more capital, compare a marketplace offer on total cost.
Good fit:
Compare first if:
Request a written Shopify Capital quote and a Merchant Fund Express application, then line up net cash, total payback and payment frequency. Credit from 500, same-day decisions, funding typically the next business day.
No, they are separate companies.
No.
Merchant Fund Express funders do; Shopify says it does not.
Shopify says two business days if approved; Merchant Fund Express publishes next business day funding after signing.
Merchant Fund Express, for balances of $100,000 or less.
Yes; deposit-based funders review bank statements rather than Shopify data.
Ask about second position funding and disclose the balance.
Same-day decision. Applying takes a few minutes and will not affect your credit score.
