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Is a merchant cash advance the same thing as a loan?

No, a merchant cash advance is the purchase by Dinote of your future receivables at a discounted price. A merchant cash advance gives you a lump sum in exchange for a percentage of your future daily sales until you have paid the total amount of receivables purchased.

How does remittance work?

For every day that you make sales, a certain percentage of the gross dollar amount of your sales (the remittance rate) is used to calculate your remittance.

Can I get additional funding?

Some eligible merchants may receive the option to secure additional funding by selling to Shopify an additional amount of future receivables.