Shopify Capital treats customers like idiots. Customers beware.
I received an email from Shopify offering me a loan. Lend me 1000 and I pay back 1130. So 13% interest. The catch is they deduct 15% from your daily sales.
For any half decent page that works out to be like 65% annual interest.
I take that to mean that Shopify thinks it's customers are idiots. So guys beware shopify truly thinks that it's customers are too *** to do a simple calculation.
Review about: Shopify Financial Aid Service.
Reason of review: Pricing issue.