NEWSLETTER

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Financing

Invest in your shop's growth with Shopmonkey Capital.

Q: How do you determine who qualifies for an offer?

Eligibility is determined based on a combination of factors, including overall sales volume and history with Shopmonkey. Eligible U.S. businesses will receive an email if they have an offer available.

Q: Do I have to pay interest?

Know what you’ll pay from day one with one flat fee. No compounding interest, late fees, or early payoff fees.

Q: Will applying for an offer affect my personal credit rating?

Applying for financing through Shopmonkey Capital might require a personal credit check, but this credit check doesn’t affect your personal credit score. If a credit check is required, you will be notified during the application process.

Q: Can I request a different offer amount?

You can use a slider to choose a custom amount (up to the maximum offer amount). The financing fee and payment rate adjust based on the amount you choose.

Q: How do payments toward your financing work?

A fixed percentage of your daily sales is automatically deducted until the total amount owed is paid. The more you sell, the faster you pay and if business slows down, your payments adjust accordingly.

Q: Can I settle my financing early?

Yes, you can make additional payments or pay the total amount owed in full at any point. There are no additional fees

Access the capital you need to grow with one flat fee and a simple application.

Check your eligibility

Shopmonkey Payment customers are automatically reviewed for eligibility daily. You will be contacted via email if your business qualifies for an offer.

Select your offer

Select the amount that’s right for your shop’s needs. The financing fee and payment rate are set based on the funding amount.

Receive your funds

After your selection is reviewed, if you’re approved the funds will be deposited into the bank account associated with Shopmonkey payments typically in 2 business days

Pay when you get paid

Payment is collected automatically through a percentage of your Shopmonkey Payment sales, which means you pay down more when business is busy and less if things slow down*.

Keeping it simple.

You and your shop are busy, and we’d like to help keep it that way. That’s the best part about Shopmonkey Capital, the process is simple and allows you to get funds fast.

Invest in your shop's growth with Shopmonkey Capital.

How it works

Keeping it simple.

Frequently Asked Questions

How do you determine who qualifies for an offer?

Do I have to pay interest?

Will applying for an offer affect my personal credit rating?

Can I request a different offer amount?

How do payments toward your financing work?

Can I settle my financing early?