Head to head · Working capital
Shopify Capital vs Square Loans
Shopify Capital is a payment platform's financing program; Square Loans is a payment platform's financing program. Both offer working capital. Everything below comes from each funder's own website, with the date we checked it on each profile.
Side by side
- Type
- Payment platform
- Amounts
- Up to $2M
- Min. credit
- Not published
- Time in business
- Not published
- Min. revenue
- Not published
- Price
- Not published
- Speed
- As quick as 2 business days, if approved
- Type
- Payment platform
- Amounts
- $100–$500K
- Min. credit
- Not published
- Time in business
- Not published
- Min. revenue
- Not published
- Price
- Not published
- Speed
- Instantly into Square Checking, if approved
What's different
The differences that change your decision
Funding amounts
Shopify Capital: up to $2 million. Square Loans: $100 to $500,000.
Published minimums
Shopify Capital lists no minimums. Square Loans lists no minimums.
Price
Shopify Capital: no price published. Square Loans: no price published.
Product range
Only Shopify Capital lists lines of credit.
Which fits
Choose based on your file
Shopify Capital may fit if
Consider Shopify Capital if you need more than $500,000, you need lines of credit and you already sell through Shopify and received an offer there.
Full Shopify Capital profileSquare Loans may fit if
Consider Square Loans if you already sell through Square and received an offer there.
Full Square Loans profileWhichever you're considering, compare the dollar cost and estimated APR of real offers, not the published minimums. Compare offers side by side.
One application, many funders
Get offers from both, and more
Apply once. We match you with funders whose criteria fit, you approve each one, and every offer comes decoded side by side.
- About 3 minutes. No SSN and no bank login to start, so checking doesn't affect your credit.
- 4 months of bank statements. A specialist contacts you within 1 business day and asks for them through a secure link.
- You approve every funder before your file goes out. No cost to apply, and no obligation to accept.