August 2025 funding opportunities for Shopify merchants

Alibaba's $1m Grants, working capital credits, etc

Author

Ada at Sellify
August 01, 2025

In partnership with

Aaaaand, welcome to August!!

If you’re looking for sources to ramp up marketing for Q4, this edition is for you. Without further ado, here are the top sources of funding specifically tailored for Shopify merchants:

Shopify Capital

Working capital, just for Shopify sellers based on store sales.

Eligibility: Australia, Canada, the United Kingdom, or the United States

8 Fig

Flexible working capital with no credit checks for stores over 6 months old.

Eligibility: No dropshipping, US/CAD store currency only, $12k cumulative sales over the last 3 months. US and Canada only.

Quick Tip: If your store is not incorporated in an eligible area, use a service like Doola to incorporate your company in the US and access funding (and other) opportunities.

WayFlyer

Eligibility: $10k/mo sales, 6+ month old store, Incorporated in United States, Canada, United Kingdom, Australia, Ireland, Spain, The Netherlands, Belgium, Denmark, Germany or Sweden

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ClearCo

Eligibility: $10K/mo sales for 12 months, incorporated in US, US checking account

PayPal

Working capital based on your Paypal sales, account history and “other criteria”.

Eligibility: 90+ days old Paypal account, processing >£9k yearly. Business must be registered in the United Kingdom.

SellersFi

Eligibility: 3 months of sales history, good legal standing in the US/Canada, min $20,000 monthly sales

Mercury

Eligibility: Incorporated in the United States (except California). 6 months of trading history and generating $250K sales annually

If you’re looking for an exit instead, check out Flippa

Grants and Competitions

Pitch to win a share of $1million with Alibaba.com 

Alibaba and Kickstarter have teamed up for the CoCreate Pitch 2025 competition, a $1 million initiative to help entrepreneurs bring product ideas to life. Two grand prize winners (one per region) will each receive $200,000 in cash and Alibaba sourcing credits. The contest connects Kickstarter’s 23 million backers with Alibaba’s vast B2B supply network, offering early-stage founders both funding and supply chain support.

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