shopify capital Alternatives

This guide lists five UK focused alternatives to shopify capital, so buyers can compare speed, eligibility, products, and pricing before applying.

Quick Compare:

1. YouLend

YouLend offers revenue-based financing options for UK SMEs. They focus on flexible repayment structures with decisions based on revenue and sales volume. Suitable for businesses seeking quick funding outside traditional bank routes.

Loan and pricing details

• Min amount: £3,000
• Max amount: £1,000,000
• APR min: Unknown
• APR max: Unknown
• Loan durations: 12 months typical

Funding range note: from £3,000 to £1,000,000

Speed: Quick decision and funding

Interest rate notes: Rates vary based on revenue and sales volume.

Eligibility

• Min trading months: 12
• Min monthly turnover: £10,000
• Credit flexibility: Manual review process

Personal guarantee: Not typically required

Homeowner advantage: Not necessary

Services and sectors

• Products: merchant_cash_advance
• Industries: Retail, Hospitality, E-commerce

Best for

• high revenue card businesses
• seeking flexible repayment

Pros

• Embedded finance
• Flexible repayments

Cons

• Depends heavily on card sales

Sources: https://www.merchantsavvy.co.uk/business-finance/merchant-cash-advance/youlend/ https://www.capalona.co.uk/our-lenders/youlend/

2. iwoca

iwoca specializes in providing small to large business loans with flexible repayment options. They focus on fast decisions, often within hours, and include brokers for wider access. Suitable for UK businesses needing quick, adaptable funding.

Loan and pricing details

• Min amount: £1,000
• Max amount: £1,000,000
• APR min: Unknown
• APR max: Unknown
• Loan durations: 1 to 24 months

Funding range note: from £1,000 to £1,000,000

Speed: Decisions in hours

Interest rate notes: Depends on borrower risk profile and terms

Eligibility

• Min trading months: Unknown
• Min monthly turnover: £5,000
• Credit flexibility: Panel and risk adjusted

Personal guarantee: May be required for larger amounts

Homeowner advantage: Not specified

Services and sectors

• Products: term_loans, business_loans
• Industries: Retail, Technology, Manufacturing

Best for

• startups needing quick loans
• flexible repayment seekers

Pros

• Fast approval
• Flexible terms

Cons

• Potential high interest for high-risk profiles

Sources: https://www.iwoca.co.uk/ https://www.nerdwallet.com/uk/business-loans/iwoca-business-loan-review/

3. Liberis

Liberis provides funding solutions primarily through merchant cash advances, with repayments based on revenue. They focus on simple, flexible options suitable for UK SMEs that want quick access to working capital and are comfortable with revenue-based repayment structures.

Loan and pricing details

• Min amount: £1,000
• Max amount: £1,000,000
• APR min: Unknown
• APR max: Unknown
• Loan durations: Variable

Funding range note: from £1,000 to £1,000,000

Speed: Funding in seconds possible

Interest rate notes: Repayment based on revenue, no traditional APR

Eligibility

• Min trading months: Unknown
• Min monthly turnover: £2,000
• Credit flexibility: Flexible based on revenue model

Personal guarantee: Not required typically

Homeowner advantage: No

Services and sectors

• Products: merchant_cash_advance
• Industries: Hospitality, Retail, E-commerce

Best for

• small businesses with stable revenue
• flexible repayment needs

Pros

• Fast funding
• Flexible repayment

Cons

• Relies on future sales

Sources: https://www.elavon.co.uk/resource-center/maximise-your-solutions/liberis-business-funding.html https://opayo.liberis.co.uk/

4. Wayflyer

Wayflyer specialises in providing ecommerce funding solutions, leveraging data analytics to deliver rapid decisions. They focus on fast, flexible funding options suited for online retail and digital businesses seeking quick growth capital.

Loan and pricing details

• Min amount: £5,000
• Max amount: £20,000,000
• APR min: Unknown
• APR max: Unknown
• Loan durations: Short and long term

Funding range note: from $5,000 to $20,000,000

Speed: Funding within hours

Interest rate notes: No traditional rate, fee-based

Eligibility

• Min trading months: 6
• Min monthly turnover: £5,000
• Credit flexibility: Data-driven decisions

Personal guarantee: Not required

Homeowner advantage: Not applicable

Services and sectors

• Products: revenue-based_financing
• Industries: E-commerce, Online retail

Best for

• eCommerce brands
• fast funding

Pros

• Hassle-free application
• Fast decisions

Cons

• Limited to eCommerce

Sources: https://wayflyer.com/en https://wayflyer.com/en/smb-loans

5. Capify

Capify provides quick, unsecured loans mainly aimed at SMEs for growth or short-term cash flow needs. They focus on fast access, with funding available for businesses seeking flexible short-term capital and typically including brokered options.

Loan and pricing details

• Min amount: £5,000
• Max amount: £1,000,000
• APR min: Unknown
• APR max: Unknown
• Loan durations: Short terms prevalent

Funding range note: from £5,000 to £1,000,000

Speed: Same-day funding available

Interest rate notes: Interest rates are determined by credit risk

Eligibility

• Min trading months: Unknown
• Min monthly turnover: £5,000
• Credit flexibility: Varies by business profile

Personal guarantee: Often required for security

Homeowner advantage: Advantageous

Services and sectors

• Products: term_loans
• Industries: Variety of industries

Best for

• SMEs needing urgent cash
• short-term capital

Pros

• Fast funding
• Flexible loan products

Cons

• High rates for risky businesses

Sources: https://www.capify.co.uk/ https://uk.trustpilot.com/review/capify.co.uk

Final notes

When comparing providers, match loan size, timeline, and sector fit first, then confirm current rates and fees with the finance provider. If one option declines your application, a broker or multi lender panel may still place the deal. Matching the type of provider—be it a bank, broker or specialist—depends on your specific use case and funding needs. Banks often offer more traditional secured loans, while brokers can connect you with a variety of lenders. Specialist providers may focus on quick, flexible financing for niche sectors. Use the appropriate type based on your requirements. For more guidance, visit Funding Agent for additional support.