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An independent annual ranking of the providers that businesses use to borrow against future sales or to fund day-to-day running costs. 12 providers, six criteria, nothing paid for.
Scores out of 100. Each segment weights the criteria differently; the method is below. Facts read on 26 October 2026 from the providers' own pages.
The mean of the 3 segment scores.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Clearco | 67 | Revenue-based finance provider | US online brands with over $100,000 monthly revenue wanting clear borrower terms |
| 2. iwoca | 62 | Business lender | UK limited companies wanting a representative APR and money within hours |
| 3. Bluevine | 59 | Business banking and credit provider | US companies with 12 months' trading wanting a line of credit next to a business account |
| 4. Liberis | 57 | Revenue-based finance provider | UK merchants wanting a published representative cost and a range of advance sizes |
| 5. Wayflyer | 52 | Revenue-based finance provider | Online and retail brands in 11 countries wanting a single fixed fee |
| 6. Stripe Capital | 49 | Embedded finance for card-processing merchants | Businesses already processing payments on Stripe in six countries |
| 7. Lighter Capital | 44 | Revenue-based lender | Software and technology firms in the US, Canada and Australia with $200,000 or more recurring revenue |
| 8. Founderpath | 43 | Revenue-based finance provider | Software firms with $1m to $3m recurring revenue wanting money within a day |
| 9. Funding Societies | 39 | SME lending platform | Small firms in Singapore and South East Asia wanting a range of unsecured loans |
| 10. Capchase | 37 | Recurring revenue finance provider | Software and subscription firms wanting a revolving limit tied to recurring revenue |
| 11. Fundbox | 28 | Small business credit platform | Platforms and small businesses in four countries wanting the widest product range |
| 12. Shopify Capital | 23 | Embedded finance for online stores | Shopify merchants in nine countries |
Weighted to pricing and limits: stock purchases need a known cost and money that arrives quickly.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Clearco | 66 | Revenue-based finance provider | US online brands with over $100,000 monthly revenue wanting clear borrower terms |
| 2. iwoca | 63 | Business lender | UK limited companies wanting a representative APR and money within hours |
| 3. Bluevine | 60 | Business banking and credit provider | US companies with 12 months' trading wanting a line of credit next to a business account |
| 4. Liberis | 58 | Revenue-based finance provider | UK merchants wanting a published representative cost and a range of advance sizes |
| 5. Wayflyer | 50 | Revenue-based finance provider | Online and retail brands in 11 countries wanting a single fixed fee |
| 6. Stripe Capital | 50 | Embedded finance for card-processing merchants | Businesses already processing payments on Stripe in six countries |
| 7. Lighter Capital | 45 | Revenue-based lender | Software and technology firms in the US, Canada and Australia with $200,000 or more recurring revenue |
| 8. Founderpath | 43 | Revenue-based finance provider | Software firms with $1m to $3m recurring revenue wanting money within a day |
| 9. Funding Societies | 42 | SME lending platform | Small firms in Singapore and South East Asia wanting a range of unsecured loans |
| 10. Capchase | 38 | Recurring revenue finance provider | Software and subscription firms wanting a revolving limit tied to recurring revenue |
| 11. Fundbox | 30 | Small business credit platform | Platforms and small businesses in four countries wanting the widest product range |
| 12. Shopify Capital | 24 | Embedded finance for online stores | Shopify merchants in nine countries |
Weighted to borrower terms: founders want to avoid personal guarantees and giving up shares.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. Clearco | 72 | Revenue-based finance provider | US online brands with over $100,000 monthly revenue wanting clear borrower terms |
| 2. iwoca | 62 | Business lender | UK limited companies wanting a representative APR and money within hours |
| 3. Bluevine | 56 | Business banking and credit provider | US companies with 12 months' trading wanting a line of credit next to a business account |
| 4. Liberis | 51 | Revenue-based finance provider | UK merchants wanting a published representative cost and a range of advance sizes |
| 5. Wayflyer | 51 | Revenue-based finance provider | Online and retail brands in 11 countries wanting a single fixed fee |
| 6. Stripe Capital | 47 | Embedded finance for card-processing merchants | Businesses already processing payments on Stripe in six countries |
| 7. Lighter Capital | 46 | Revenue-based lender | Software and technology firms in the US, Canada and Australia with $200,000 or more recurring revenue |
| 8. Founderpath | 45 | Revenue-based finance provider | Software firms with $1m to $3m recurring revenue wanting money within a day |
| 9. Capchase | 38 | Recurring revenue finance provider | Software and subscription firms wanting a revolving limit tied to recurring revenue |
| 10. Funding Societies | 34 | SME lending platform | Small firms in Singapore and South East Asia wanting a range of unsecured loans |
| 11. Fundbox | 22 | Small business credit platform | Platforms and small businesses in four countries wanting the widest product range |
| 12. Shopify Capital | 19 | Embedded finance for online stores | Shopify merchants in nine countries |
Weighted to published pricing and eligibility: owners need to know the cost and whether they qualify before applying.
| Rank and provider | Score /100 | Status | Strongest for |
|---|---|---|---|
| 1. iwoca | 62 | Business lender | UK limited companies wanting a representative APR and money within hours |
| 2. Liberis | 62 | Revenue-based finance provider | UK merchants wanting a published representative cost and a range of advance sizes |
| 3. Clearco | 62 | Revenue-based finance provider | US online brands with over $100,000 monthly revenue wanting clear borrower terms |
| 4. Bluevine | 60 | Business banking and credit provider | US companies with 12 months' trading wanting a line of credit next to a business account |
| 5. Wayflyer | 54 | Revenue-based finance provider | Online and retail brands in 11 countries wanting a single fixed fee |
| 6. Stripe Capital | 51 | Embedded finance for card-processing merchants | Businesses already processing payments on Stripe in six countries |
| 7. Lighter Capital | 42 | Revenue-based lender | Software and technology firms in the US, Canada and Australia with $200,000 or more recurring revenue |
| 8. Funding Societies | 41 | SME lending platform | Small firms in Singapore and South East Asia wanting a range of unsecured loans |
| 9. Founderpath | 40 | Revenue-based finance provider | Software firms with $1m to $3m recurring revenue wanting money within a day |
| 10. Capchase | 34 | Recurring revenue finance provider | Software and subscription firms wanting a revolving limit tied to recurring revenue |
| 11. Fundbox | 32 | Small business credit platform | Platforms and small businesses in four countries wanting the widest product range |
| 12. Shopify Capital | 27 | Embedded finance for online stores | Shopify merchants in nine countries |
Each criterion is scored 0 to 5 against the best published offer in this edition. 0 means not offered or not published.
| Provider | Product range | Published pricing | Published eligibility | Limits and speed | Borrower terms | Regulatory standing |
|---|---|---|---|---|---|---|
| Clearco | 4 | 1 | 5 | 5 | 5 | 0 |
| iwoca | 3 | 4 | 2 | 5 | 2 | 2 |
| Bluevine | 3 | 1 | 5 | 5 | 1 | 3 |
| Liberis | 5 | 4 | 3 | 3 | 0 | 2 |
| Wayflyer | 3 | 3 | 5 | 2 | 2 | 0 |
| Stripe Capital | 3 | 0 | 5 | 2 | 2 | 4 |
| Lighter Capital | 2 | 0 | 3 | 3 | 3 | 3 |
| Founderpath | 2 | 1 | 2 | 3 | 3 | 2 |
| Funding Societies | 5 | 0 | 2 | 3 | 0 | 3 |
| Capchase | 3 | 0 | 1 | 2 | 3 | 3 |
| Fundbox | 5 | 0 | 2 | 0 | 0 | 3 |
| Shopify Capital | 3 | 0 | 3 | 0 | 0 | 2 |
6 criteria, scored only from what each provider publishes.
The number of financing types published, such as revenue-based finance (an advance repaid as a fixed share of future sales), term loans, lines of credit (a limit you draw from and repay as needed), and invoice or purchase financing.
An exact fee, interest rate or representative APR (the yearly cost including fees, as a percentage) with a worked example, on a pricing or terms page. "From", "starting at" and "as low as" prices do not count.
Whether the provider publishes its minimum revenue, minimum time trading and the countries it lends in.
The published minimum and maximum amounts and the time from approval to money in the account.
Whether the provider states that it takes no personal guarantee (a promise by the owner to repay from personal assets), no warrants or equity (rights to buy shares in the business), and no charge for repaying early.
A lending licence, regulator register entry or regulated lending bank named with its number, and a security certification such as SOC 2 Type II or ISO 27001.
| Criterion | Online and retail brands | Software and subscription firms | Small businesses and merchants |
|---|---|---|---|
| Product range | 15 | 10 | 15 |
| Published pricing | 20 | 20 | 25 |
| Published eligibility | 15 | 15 | 20 |
| Limits and speed | 20 | 20 | 15 |
| Borrower terms | 15 | 25 | 10 |
| Regulatory standing | 15 | 10 | 15 |
| Criterion | 5 | 3 | 0 |
|---|---|---|---|
| Product range | Four or more financing types published | Two financing types published | Not published |
| Published pricing | Exact fee, rate or representative APR with a worked example on a pricing or terms page | A typical fee range, or a representative rate for part of the range | Not published, or "from" prices only |
| Published eligibility | Minimum revenue, minimum trading history and eligible countries all published | Two of the three published | Not published |
| Limits and speed | Minimum and maximum amounts and time to funds all published | Two of the three published | Not published |
| Borrower terms | No personal guarantee, no warrants or equity and no early repayment charge all stated | Two of the three stated | Not published |
| Regulatory standing | Lending licence or register number and a named security certification such as SOC 2 Type II | One of the two published | Not published |
Score out of 100 is the sum of each criterion score divided by five and multiplied by its weight. The overall ranking is the mean of the segment scores. Ties are broken by published pricing, then borrower terms. A provider that does not publish a price is scored as though the price were high, because a business cannot plan on an unpublished price. Prices are scored on the standard published rate, never an introductory, promotional or "from" rate, and a figure counts only when it appears on a pricing, fee or terms page rather than in a marketing line. A provider that serves one country only is scored on access for that country, and the limitation is printed in its profile.
What each provider publishes, criterion by criterion, with the date read and the source.
A US provider of funding for brands that sell direct to consumers online, with a cash advance, rolling and fixed funding limits and invoice funding. It publishes eligibility, minimum and maximum amounts, a 24 to 48 hour funding time and the clearest borrower terms in this edition: no personal guarantee, no equity and no early repayment charge. Its only price is a "start at" fee, and it publishes no licence or security certification.
| Products | Rolling Funding Capacity, Cash Advance, Fixed Funding Capacity and Invoice Funding; invoices extended "over 4-12 months, with a fixed fee, on a weekly cadence". |
| Pricing | Fees "start at 3.5%"; the exact fee is "disclosed before acceptance" and "will never increase throughout the duration of the extension plan". |
| Eligibility | "Sell directly to consumers online (DTC)"; "Have 6+ months of consistent revenue, generating more than $100,000 USD per month"; "incorporated in the U.S. and have an active U.S. business bank account". |
| Limits and speed | Cash Advance: "$25,000 minimum and $600,000 maximum" per draw; "funding up to $10 million"; "Most founders receive funding within 24 to 48 hours." |
| Borrower terms | "Our funding is non-dilutive, with no personal guarantees"; never takes "collateral or an all-asset lien"; "You can pay at any time without fees or penalties." |
| Regulatory standing | No licence or security certification stated; footer names "Clear Finance Technology Corporation". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: clear.co, clear.co, help.clear.co.
A UK lender offering flexible business loans from £1,000 to £1 million and business credit cards. It publishes a representative APR, typical extra fees for longer terms and no early repayment charge. It asks for a director's personal guarantee and publishes no minimum turnover or security certification.
| Products | Business loan (Flexi-Loan), business credit cards issued by Enfuce UK Limited, and iwocaPay for sellers. |
| Pricing | "Our business loan interest rates start at 1.5% per 30 days"; example "3.33% interest per 30 days (49% APR representative)"; fee "typically it's 5% when borrowing for 13 to 24 months and 6% for longer". |
| Limits and speed | "Borrow £1,000 - £1,000,000 for 1 day to 5 years"; "the funds will typically be in your account in hours." |
| Eligibility | "you must have a UK-based business and operate as a limited company or limited liability partnership"; "Startup businesses are limited to a maximum credit limit of £10,000." |
| Borrower terms | "For limited companies we do ask for a personal guarantee, typically from a company director." "we'll never charge you for repaying early." |
| Regulatory standing | "iwoca Ltd is registered with the Financial Conduct Authority under the Payment Services Regulations 2017" (reference 791804); ICO registration Z3007540. No security certification stated. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.iwoca.co.uk, www.iwoca.co.uk, iwoca.co.uk.
A US business banking provider offering lines of credit up to $250,000 issued by Celtic Bank, with term loans from lending partners. It publishes full eligibility rules, limits and funding times and a California licence number. Its only rate is for top applicants, early payoff does not reduce interest owed and the owner stands as guarantor.
| Products | Line of credit issued by Celtic Bank; "Term loans up to $500,000" from lending partners; business checking and debit card. |
| Pricing | "interest rates as low as 7.8% for top qualifying customers"; "no maintenance fees"; "Additional fees apply". |
| Eligibility | "$10,000 in monthly revenue"; "625+ personal FICO credit score"; "In business for 12+ months"; corporation or LLC; Nevada, North Dakota, South Dakota and US territories excluded. |
| Limits and speed | "Lines of Credit ranging from $1,000 to $250,000 with weekly or monthly repayment plans"; draws "in as fast as 24 hours". |
| Borrower terms | No fee for "draw prepayment or early payoff", but "Prepayment of the loan does not result in any reduction of the total interest owed." On default, reporting "in your role as guarantor". |
| Regulatory standing | "The Bluevine Line of Credit is issued by Celtic Bank"; "California Financing Law-License No. 6054789"; "a financial technology company, not a bank". No security certification stated. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.bluevine.com, www.bluevine.com, support.bluevine.com.
A UK provider of revenue-based cash advances sold directly and through partner platforms, with five products from starter advances to custom limits. It publishes a representative APR with a worked example, revenue thresholds for each product and states plainly that its financing is not regulated by the FCA. It does not publish trading history rules, personal guarantee terms or a security certification.
| Products | Starter Capital ("Up to £50,000/ advance"), Pay with Liberis ("Up to £10,000/ purchase"), Working Capital ("Up to £1m/ advance"), Flex Capital ("Up to £2m/ limit") and Investment Capital (custom). |
| Pricing | Representative APR "41.9%": loan "£25,000", 12-month term, fixed fee "£6,000", total repayable "£31,000", interest "0%". |
| Eligibility | Revenue thresholds by product: "from £0/ month", "from £500/ month", "from £5,000/ month" and "from £40,000/ month"; representative example for UK Limited Companies; "15 markets" not named. |
| Speed and repayment | Working Capital: "Fastest time to funds (< 24 hours)"; "Paid with % of future revenue"; minimum monthly amount "of up to 3% of the total amount owed". |
| Regulatory status | "Liberis is not authorised or regulated by the Financial Conduct Authority"; "Business Cash Advance is a form of receivables finance not a loan." |
| Register entry | "Liberis Limited (Firm Reference Number: 902157) is a registered EMD agent of Modulr FS Limited"; US payment services by "Airwallex US, LLC (NMLS #1928093)". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: www.liberis.com, www.liberis.com.
A revenue-based finance provider for online sellers, retail and service businesses, offering a cash advance repaid from daily sales and a fixed-term loan. It publishes a typical fee range with a worked example, full eligibility rules and a time to funds. It does not publish funding limits, a personal guarantee position or any licence or security certification on the pages read.
| Products | "Merchant Cash Advance (MCA): Our core funding product provides working capital for inventory purchases" and "Fixed-term Loans: A structured commercial, fixed-term loan with a fixed repayment structure." |
| Pricing | "The fee is typically between 5% and 10% of the total advance amount." Example: "$100,000 advance with a 6% fee", total repayable "$106,000". "No application fees", "No origination fees", "No interest", "No prepayment penalties". |
| Eligibility | Average monthly revenue over the preceding 6 months of at least $10,000, €10,000 or £10,000 (AUD and CAD $20,000); operating "at least 6 months" for physical goods or software, "at least 2 years" for retail and service businesses. |
| Countries | Incorporated in the United States, Canada, the UK, Australia, Ireland, Spain, the Netherlands, Belgium, Denmark, Germany or Sweden; "Not all funding offerings are available to all countries we support." |
| Speed and repayment | "Get approved in as little as 24 hours"; "receive funds in your account within 1-3 business days"; repaid through "an agreed percentage of your daily sales"; "You can pay back your advance early without any additional charges." |
| Regulatory standing | No licence, regulator or security certification stated on the help centre pages read. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: help-center.wayflyer.com, help-center.wayflyer.com, help-center.wayflyer.com.
Financing offered to businesses that take payments through Stripe, as loans from US banks or cash advances from YouLend, repaid as a share of Stripe sales. It publishes eligibility rules, six countries, funding times and the lenders behind each product, and Stripe holds SOC 2 Type II. It publishes no fee figures or amount limits, and UK directors must give a personal guarantee.
| Products | Loans "issued by Celtic Bank or Lead Bank" and merchant cash advances provided by YouLend; "You can't request a particular financing type." |
| Pricing | "the total amount you pay is your advance amount plus a flat fee"; US financing has no "late fees, early payment fees, or origination fees". No fee figures published. |
| Eligibility | Available in AU, CA, DE, FR, GB and US; at least 3 months of processing history; UK: "5,000 GBP minimum per year and an average processing volume of 1,000 GBP for the last 3 months". |
| Speed | US: funds "typically in as few as 1-2 business days"; UK: "typically within 1 business day". |
| Borrower terms | UK: "Applicants who are the director and a beneficial owner of the business must provide a personal guarantee"; repaid by "deducting a percentage of your Stripe sales". |
| Regulatory standing | Lenders named: Celtic Bank, Lead Bank and YouLend. Stripe: "PCI Service Provider Level 1"; "SOC 1 and SOC 2 Type II reports are produced annually". |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: docs.stripe.com, docs.stripe.com, docs.stripe.com.
A US lender to software and technology firms, offering revenue-based loans with monthly payments that can follow revenue. It publishes eligibility, a maximum amount, a California lending licence number and no personal guarantee or warrants. It does not publish an interest rate or a security certification.
| Product | "our revenue-based financing is tailored to meet the unique needs of growing tech startups"; "Fixed or variable monthly payments, which can be based on monthly revenue or cash flow", maturity "Up to 3 years". |
| Pricing | "Fixed interest rate with flexible payment terms"; "No origination fees or money down". No rate published. |
| Eligibility | "at least $200K in ARR from software, SaaS, tech services, or a similar sector"; headquarters, branch or subsidiary in the US, Canada or Australia. |
| Limits and speed | "Access up to $10M within a few days"; "you could get up to $4 million in upfront cash"; "Apply in minutes; get approved within days." |
| Borrower terms | "No collateral or personal guarantees"; "without selling equity or signing personal guarantees, warrants, or covenants". |
| Regulatory standing | "For California borrowers, loans are made or arranged by Lighter Capital, Inc." "pursuant to its California Finance Lenders Law License, #603K634." No security certification stated. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: lightercapital.com.
A US provider of revenue financing for software firms. It publishes a maximum per round, a 24 hour funding time, no equity, no warrants and no prepayment penalty, and states SOC 2 compliance. Its price is a "from" rate only, and its personal guarantee wording differs between two parts of the same page.
| Product | Revenue Financing: capital per round "Up to $1.5M"; "$281M" deployed across 760 companies. |
| Pricing | Discount rate "From 7%", depending on retention, growth and margins, disclosed on the term sheet. |
| Eligibility | "$1M-$3M ARR"; last-year revenue "$500K+"; "Deals are available in most countries." |
| Speed | "Funded in 24 hours"; most founders see funds within 24 hours of accepting. |
| Borrower terms | Equity taken "None"; Warrants "None"; early repayment with no prepayment penalty. Personal guarantee "None" in the terms table; FAQ: "no full personal guarantee. We take a lien on business assets only." |
| Regulatory standing | "SOC 2 Compliant" and "GDPR Compliant" badges; SOC 2 type not stated; no licence statement. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: founderpath.com.
A South East Asian lender with five business financing products in Singapore and operations in Indonesia, Malaysia, Thailand and Vietnam. It publishes product limits, a 24 hour funding time for micro loans and its Monetary Authority of Singapore licence number. It publishes no interest rates or numeric eligibility rules.
| Products | Start-Up Financing ("up to S$40K"), Micro Loans ("up to S$150K, disbursed in 24 hours"), Business Term Loans ("up to S$1M"), Property Backed Secured Financing (up to S$4M) and Trade Term Loan (S$100K to 300K). |
| Pricing | No interest rates or fee schedule published; rates depend on product, amount, tenure and underwriting. |
| Eligibility | Singapore-registered business, local shareholding, operating history and guarantor requirements, with no figures; Start-Up Financing for businesses "<2 years old". |
| Countries | Singapore, Indonesia, Malaysia, Thailand and Vietnam. |
| Terms | Business Term Loans up to 18 months; Trade Term Loan in "6 equal repayments"; unsecured options for certain term loans. |
| Regulatory standing | Funding Societies Pte. Ltd.: "CMS Licence No. CMS100572" from the Monetary Authority of Singapore; FS Capital Pte. Ltd. an "exempt moneylender under the Moneylenders Act". Only an "SSL Secure Site" badge shown. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: fundingsocieties.com, fundingsocieties.com.
A finance provider for software and subscription firms, offering a revolving credit line sized to recurring revenue and financing that software vendors offer their buyers. It states SOC 2 Type II and no warrants. It does not publish prices, minimum revenue, named countries or any lending licence.
| Products | Capchase Grow: "A modern take on a revolving credit line"; Capchase Pay lets vendors offer buyers financing, with the seller choosing who covers interest. |
| Limits | "Access up to 60% of your future recurring revenue"; "Access the funding your business needs in as little as 48 hours." |
| Repayment | "Repayment terms of 3-24 months, depending on your needs"; "flexible repayment terms up to 24 months with interest-only options". |
| Borrower terms | "No hidden fees, warrants, covenants, or security interest"; "no dilution, ever"; the disclaimer refers to "collateral evaluation". |
| Eligibility | "Capchase Grow is a funding option for companies with recurring revenue"; "9 COUNTRIES", not named; no minimum revenue stated. |
| Regulatory standing | "Capchase is SOC 2 Type II certified." "Compliant with financial services regulatory requirements"; no licence named. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: capchase.com, capchase.com.
A US credit platform offering six financing products directly and through partner software. It publishes the widest product range in this edition, four countries, its lending banks and a California lending licence number. It publishes no prices, limits, eligibility minimums or borrower terms on the pages read.
| Products | Line of Credit, Term Loan, Invoice Financing, Revenue Based Financing ("repaid as a share of ongoing sales"), Purchase Financing and an SMB Card. |
| Countries | "Fundbox is available in the United States, Canada, the United Kingdom and Australia." |
| Lenders | "business loans and lines of credit originated by First Electronic Bank or Lead Bank." |
| Licence | "California Financing Law license 60DBO-48774". |
| Partners | Platforms can "launch a capital product in your platform" in "as little as two weeks"; API documentation published. |
| Pricing and limits | Not published on the pages read; "All financing is subject to credit approval of a completed application." |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: fundbox.com, fundbox.com.
Financing offered to stores on Shopify, as loans in five countries and cash advances in four. It publishes the countries, the product in each country, a three-month trading rule and the US lending bank. It publishes no prices, amounts, funding times or borrower terms on the pages read.
| Products | "Shopify Capital offers merchant cash advances and loans to eligible businesses." |
| Countries | Loans in Australia, Canada, France, Germany and the United States; merchant cash advance in Ireland, the Netherlands, Spain and the United Kingdom. |
| Eligibility | "Your store must be actively subscribed to a Shopify plan and operational for at least three months"; trusts and partnerships not supported. |
| Repayment | Repayments withdrawn from the bank account that receives Shopify Payments payouts; "Typically, debits are processed within 2 business days". |
| Lender | "All funding through Shopify Capital in the United States is issued by WebBank." |
| Pricing and limits | Not published on the help pages read. |
| Date read | Read 26 October 2026 |
Facts read on 26 October 2026 from: help.shopify.com, help.shopify.com.
The index is paid for by nobody.
No provider pays to be assessed, listed or ranked, and there are no sponsored places. Providers do not apply: BCC selects the providers a business is likely to consider and scores them from their own pages. Any provider may ask to be assessed; the request changes nothing about the score.
Every figure is read from the provider's own pricing, product, legal or help page on the date shown. Providers may send corrections to [email protected]; a correction changes the page only where the provider's own page supports it. Every provider is re-read monthly and a new edition is published each October.
Brokers and loan marketplaces that arrange finance from other lenders, including re:cap and Capitalise, are left out because they do not lend themselves. Silvr is left out because its pages state that its business was taken over by Karmen in November 2025 and applicants are redirected. YouLend is left out because it sells through partner platforms rather than directly, and is assessed through Stripe Capital, which it supplies in the UK and Europe. Consumer lenders, bank overdrafts and government loan schemes are not assessed. Choco Up, GetVantage, Jenfi and Recur Club in Asia are not assessed in this edition because their own pages could not be read.
Ranked providers may show the index badge on their own site.
The badge is free. The one condition is that it links to this page, so that a reader can check the score and the method behind it. It is withdrawn if the link is removed or the provider leaves the index.
Embed: <a href="https://www.buckinghamcapitalconsulting.com/working-capital-finance-index"><img src="https://www.buckinghamcapitalconsulting.com/assets/bcc-working-capital-finance-index-2026.svg" alt="Ranked in the Buckingham Capital Consulting Revenue-Based and Working Capital Finance Index 2026" width="300"></a>
Nobody. No provider pays to be assessed, listed or ranked.
Money advanced to a business that it repays as a fixed share of its future sales, usually for a single fixed fee. When sales fall, repayments fall with them; when sales rise, the advance is repaid sooner. A merchant cash advance is a form of it in which the provider buys a share of future card or online sales.
A "from" or "as low as" price is the best rate offered to the strongest applicants and does not tell a business what it will pay. Only an exact fee, a stated range or a representative APR with a worked example counts.
Often not. Several providers in this index state that their business financing is not regulated by the Financial Conduct Authority, and US providers often lend through partner banks or state lending licences. The index scores what each provider publishes about its licence or lending bank so that a business can check it.
Every provider is re-read monthly and a new edition is published every October.
No. The index compares published facts and is not a recommendation to use a particular provider.
Tell us what you need and where you operate.