Wie berechnet man den Vorschussbetrag für Shopify Capital

Table of Contents

1. Introduction
2. What is Shopify Capital?
3. How Does Shopify Capital Work?
4. Calculating the Advance Amount and Remittance Rate
5. Factors Influencing Approval and Rates
6. Tracking and Managing Advances
7. Benefits and Drawbacks
8. Conclusion
9. FAQ

Introduction

In the fast-paced world of e-commerce, securing working capital can be a game-changer for expanding inventory, scaling marketing efforts, or simply sustaining day-to-day operations. Shopify Capital offers a convenient funding option specifically for Shopify merchants. If you’re running a Shopify store and need an infusion of cash, understanding how Shopify Capital works and how to calculate the advance amount and remittance can help you make the most informed financial decisions.

In this comprehensive guide, we'll break down the essentials of calculating the advance amount, remittance rates, and what makes Shopify Capital an attractive option for many online businesses.

What is Shopify Capital?

Shopify Capital is a financing solution offering merchant cash advances to Shopify merchants. Unlike traditional loans that involve interest rates and fixed repayment schedules, a merchant cash advance is a purchase of your future sales. Shopify provides a lump sum, which you repay by giving a percentage of your daily sales until the total advance, plus a fixed fee, is remitted.

Key Terms:

• Advance Amount: The lump sum of money that Shopify provides.
• Total to Remit: The advance amount plus the fixed fee Shopify charges.
• Remittance Rate: The percentage of daily sales that Shopify deducts until the total to remit is repaid.

For instance, Shopify may advance $5,000 to you in exchange for $5,650 from your future sales with a remittance rate of 10%. This means you will remit 10% of your daily sales until you pay back $5,650.

How Does Shopify Capital Work?

Understanding the mechanism behind Shopify Capital is crucial. Here’s a streamlined view:

1. Application: Eligible merchants can apply directly via their Shopify admin panel.
2. Approval: Upon approval, the advance amount is transferred to the merchant's bank account.
3. Repayment: A fixed percentage of daily sales is debited until the total to remit is repaid.

Repayment Flexibility:

The repayment adjusts with your sales - higher sales mean faster repayment, while slower sales mean less daily payment. Importantly, there is no fixed deadline for repayment.

Example Calculation:

Let’s delve into an example to illustrate how you can calculate the advance amount and remittance:

Advance Amount: $5,000

Fixed Fee: $650

Total to Remit: $5,650

Remittance Rate: 10%

If your store makes $1,000 in sales on a given day, then $100 (10% of $1,000) is deducted toward your repayment. On days with $0 sales, you pay nothing.

Calculating the Advance Amount and Remittance Rate

Step-by-Step Calculation:

1. Determine the Total to Remit: [ \text{Total to Remit} = \text{Advance Amount} + \text{Fixed Fee} ]

2. Calculate Daily Remittance: [ \text{Daily Remittance} = \text{Daily Sales} \times \text{Remittance Rate} ]

Hypothetical Example:

If you received an advance of $10,000 with a fixed fee of $2,000 (indicative of various risk profiles and fee structures):

Advance Amount: $10,000

Fixed Fee: $2,000

Total to Remit: $12,000

Remittance Rate: 10%

On a day with $2,500 in sales: [ \text{Daily Remittance} = 2,500 \times 0.10 = $250 ]

This $250 will be automatically debited from your account until the $12,000 is fully paid off.

Considerations for High/Low Sales Days:

The flexibility of paying based on daily sales volume makes this an appealing option for many merchants, especially those with fluctuating sales.

Factors Influencing Approval and Rates

Several factors influence whether you will be approved for Shopify Capital and what terms you will receive:

1. Sales History: Consistent and high revenue increases chances and usually results in more favorable terms.
2. Shopify Usage Duration: Longer usage of Shopify's platform demonstrates reliability.
3. Previous Advance Repayment: Successfully repaying previous advances can positively impact your eligibility and terms.

Tracking and Managing Advances

Shopify Admin Tools:

Shopify provides robust tools within the admin panel to track the status of your advances, monitor daily remittances, and download balance letters.

• Capital Page: Shows remaining balance and daily remittance breakdown.
• Balance Letter: Can be downloaded to detail your financial obligations or confirm full repayment.

Remitting Remaining Balance:

Merchants have the option to pay off the remaining balance in one lump sum if they wish to close the advance earlier than projected. Ensure to confirm with Shopify regarding any potential impacts on future fund eligibility.

Benefits and Drawbacks

Benefits:

• Flexibility: Pay based on sales, not fixed amounts.
• No Interest Rates: The fixed fee concept makes understanding cost easier.
• Quick Access: Typically faster than traditional loans.

Drawbacks:

• Cost: The fixed fee can sometimes be higher than traditional loan interest over time.
• Dependence on Sales: Slow business periods mean longer repayment durations.

Case Studies:

• Seasonal Businesses: Ideal for businesses with seasonal sales spikes, allowing flexibility in slow periods.
• Growth-Focused Companies: Provides capital for inventory expansion or large marketing campaigns without giving up equity.

Conclusion

Understanding how to calculate the advance amount and manage remittances with Shopify Capital is essential for making informed financial decisions. Shopify Capital offers flexibility and ease for merchants, making it a viable option for growth and operational liquidity. By leveraging Shopify’s built-in tools, you can keep track of your advances, ensuring smooth and manageable repayment processes.

FAQ

Is Shopify Capital still offering advances?

While Shopify Capital offers advances, availability and eligibility can vary. It's best to check your Shopify admin panel for current offers.

What happens if my sales drop significantly?

The remittance adjusts to your sales. On low or zero-sales days, minimal or no payments are made, providing a cushion against slow periods.

Can I reapply for another advance?

Yes, typically after repaying a significant portion of the current advance, you may be eligible for additional funding.

How do I calculate the cost of funds for a Shopify Capital loan?

The cost of funds can be calculated by translating the flat dollar amount into an APR, providing a clearer picture of borrowing costs.

Are there any penalties for early repayment?

Shopify Capital does not reduce the cost when you pay early but allows the full balance to be paid off in one lump sum, providing closure to the financial obligation.

By integrating Shopify Capital into your financial strategy, you can align your funding needs with your business growth, ensuring sustainable and scalable operations.