same, i’m currently on 93% so just looking forward to having this all paid off so i can move on! Its a lot of money to be coming out of my sales just to stop getting offers with no reason or explanation
Shopify literally told me to go to PayPal to see if they had a working capital while I waited here. They promised I’d have another offer before the holidays and then said to go to PayPal when I realized they were lying.
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This is so unfortunate!!! 
I think they don’t have funds to give that’s just my opinion because I keep reading no offers sent to ppl who have been paid off and they randomly change others eligibility from 50% to 85% yeah that definitely speaks volumes for sure !!!
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Can’t speak for anyone else but it seemed that when they moved my eligibility review from 50% to 85% they put it JUST on the other side of strong BFCM sales - almost like they wanted to see how it went. Challenge accepted and met - hit 85% yesterday. We’ll see if they issue an offer.
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Was just able to submit another request by finding an old offer email. Folks might want to try this one. go to: https://[yoursite].myshopify.com/admin/capital/offers make sure you update the url - It let me name an amount and make a request (which hopefully tags an underwriter for review). They may be tightening the requirements, but it’s better than waiting…
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Didn’t work for me. Go figure…
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Wish it worked but didn’t for me ..
I’m glad it worked for you
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i’m glad it worked for you! I contacted shopify yesterday just to see if there was any info on whats going on. they just said they don’t discuss offers and that i will see one when i’m eligible. Just super disappointed as i have never had problems before and have paid all of mine off so quick
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no guarantee it worked yet - just that it let me place a request.
I’m guessing they’re tracking a variety of metrics - it always seemed to me
that the store’s average earnings were a big factor as to if/how much they
offered and I bet they adjusted that threshold.
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I understand that feeling!
I’m sure! It’s pretty disappointing for sure .. especially this time of year
I reached 85% for an eligibility review a few days ago and previously had an offer but still nothing, and the Shopify support must read off the same script ? 
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It’s kinda telling when they refer you to other sources .. wouldn’t you say
Starting to think it’s a well used script ..
Did they give you an offer?
Yea I’m pretty pissed. Then I have capital agents on the phone promising me I’d get one before the holidays in August. Like who says and does that? Totally ruined my holidays that I wanted to do.
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I actually had the same - said there shouldn’t be an issue. It was great - sadly shouldn’t have put all my eggs in one basket - but wish I got a heads up before the holiday season (paid mine off in July). Feeling kinda 
The thing that makes me mad the most is the fact that PayPal did this to me too after I paid off 2 loans fast. So I moved to shopify because everyone said they were better. Got 4 in a row and just when I finally get up to the point where my next one would change my life forever, this happens. It’s beyond annoying and ridiculous. If we all paid our loans off this fast with a bank, they would turn around and give us more. None of us expected this to happen and it speaks volumes for shopify. I will never praise them again to customers.
Everything seemed to change with Shopify when interest rates changed and
bank loans became more expensive.
I’ll bet they’re keeping cash handy
The other thing to wonder about is all the people who aren’t on this thread
who have been defaulting/not paying. We have no way of knowing if the
program is working overall as a business division for Shopify. It’s
possible that it just worth the cost.
It’s also possible they set up the capital program to test drive it with
mid-size and small retailers before pivoting to capitalizing 7 figure
retailers that are more likely to survive the recession. A lot of Shopify
stores popped up as pandemic projects and I wonder if this was their way to
maximize value from those before shifting to fewer, bigger partners. (I
never did more than $275k/yr - anyone here in the 7 figure club?)
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