&gt; &quot;Merchant cash advances do not have an interest rate. Instead, Shopify will purchase a set amount of your future receivables at a discount.&quot;<p>Their page never specifies a &quot;discount&quot; rate and only show the 10% remittance rate.  This makes their example table at the bottom near fraudulent because the &quot;daily revenue&quot; column is already discounted. I&#x27;d bet their discount rate is the same ~13% it was six months ago [src].<p>They know your revenue history, so I expect they&#x27;re offering something which will likely take you 9-12months to pay back at the remittance rate (10%) based on your projected revenue.  Note since this isn&#x27;t a loan, if you pay it back early by growing revenue, Shopify still makes the same returns (13% discount rate) on their capital. Good deal for them, likely comparable to credit card rates for businesses, but since it&#x27;s cash it&#x27;s more flexible (pay employees, payoff loans, brides, etc).<p>[src]: <a href="https:&#x2F;&#x2F;twitter.com&#x2F;seobrock&#x2F;status&#x2F;669269206584553473" rel="nofollow">https:&#x2F;&#x2F;twitter.com&#x2F;seobrock&#x2F;status&#x2F;669269206584553473</a>