# E-Commerce Cash Flow Influxes Shopify Will Distribute Interest Free-Cash Advances Due to COVID-19 By Daniel Johnson | Published 2020-05-13 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/interestfree-cash References: [toronto.citynews](https://toronto.citynews.ca/2020/04/20/shopify-offers-merchants-interest-free-cash-advances-up-to-500000/) & [shopify](https://www.shopify.ca/) [Shopify](https://www.trendhunter.com/trends/shopify), an Ottawa technology company, is offering interest-free cash advances as part of a program named Shopify Capital. The program was created in order to alleviate the financial burden of [COVID-19](https://www.trendhunter.com/trends/athome-covid19-pcr-kits) on e-commerce companies. The organization states that the funding will be able to address some of the limitations of COVID-19 financial relief, as banks cannot serve every need. Interest-free funding will help businesses with [reduced cash flow](https://www.trendhunter.com/trends/cash-flow-and-capital) and allow them to avoid going into debt. Organizations can apply to the Shopify Capital program only, and approval decisions will come within a few days. Through the program, companies will be able to access a cash influx ranging anywhere from $200-500,000. Following the cash infusion, companies can use future sales to repay. Image Credit: Shutterstock ## Trend Insights (Trend Hunter) - Score: 5.2/10 - Popularity: 66% | Activity: 82% | Freshness: 9% - Audience gender: 50% men, 50% women - Primary generations: Gen Z, Millennial, Gen X - Top markets: North America, South America, Europe, Asia, Africa ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) > [New Ventures](https://www.trendhunter.com/newventures) ## Key Themes ### What Makes This Trend Stand Out - **Interest-free Cash Advances for E-commerce:** Shopify's interest-free cash advances program addresses the financial burden of COVID-19 on e-commerce companies and provides an opportunity for businesses to avoid going into debt. - **Alternative Financial Relief for COVID-19:** Shopify's offer of interest-free funding provides a solution for e-commerce companies with reduced cash flow who may not have access to traditional bank relief programs. - **Streamlining Access to Cash Influxes:** Shopify Capital's program offers a quick and easy application process for e-commerce companies in need of a cash infusion due to COVID-19. ### Sectors Adopting This - **E-commerce:** Shopify's interest-free cash advances are specifically designed to support e-commerce companies that have been affected by the financial burden of COVID-19. - **Financial Services:** The alternative funding model provided by Shopify Capital offers disruptive innovation opportunities for the financial services industry to cater to e-commerce businesses in times of crisis. - **Technology:** Shopify's program highlights the role of technology in providing innovative solutions to address the financial challenges faced by e-commerce companies during the COVID-19 pandemic. ## Related on Trend Hunter - [E-Commerce Billing Features](https://www.trendhunter.com/trends/shopify.md) - [Embedded Lending Platforms](https://www.trendhunter.com/trends/adyen-launched.md) - [E-Commerce Giving Integration](https://www.trendhunter.com/trends/giving-integration.md) - [Crowdfunding-To-E-Commerce Partnerships](https://www.trendhunter.com/trends/shopline.md) - [Integrated E-Commerce Apps](https://www.trendhunter.com/trends/buy-with-prime-for-shopify.md) - [Cashflow Maintenance Credit Payments](https://www.trendhunter.com/trends/american-express-flexible-payment-option.md) - [Carbon-Neutral Ecommerce Purchases](https://www.trendhunter.com/trends/carbonneutral-ecommerce.md) - [Efficient Business Payments](https://www.trendhunter.com/trends/xero-1.md) - [Canadian Entrepreneur-Focused Marketplaces](https://www.trendhunter.com/trends/canadian-entrepreneur.md)