GoDaddy Capital Review: Cash Advance for Payments Merchants Only
GoDaddy Capital isn't available on Finder right now.
- Min. Amount
- $500
- Max. Amount
- $1,000,000
- APR
- Not stated
Our verdict
GoDaddy now offers a merchant cash advance product, but you have to be a GoDaddy Payment user.
GoDaddy, a popular web hosting company, recently rolled out a business financing option for select GoDaddy customers. GoDaddy Capital is a merchant cash advance (MCA), where a business sells a portion of its future sales in exchange for a lump sum of cash. It provides financing up to $1 million, with funding in as soon as 24 hours. But it requires daily repayments, it's not transparent about costs and it's only available to GoDaddy Payments users.
Best for: GoDaddy Payments merchants who need a fast influx of cash.
Pros
-
Up to $1 million in financing
-
Funding as fast as one day
-
Accepts poor credit
Cons
-
Not transparent about rates
-
Requires daily payments
-
Only available for GoDaddy Payments users
Is GoDaddy legit?
Yes, GoDaddy is a legitimate domain name registry and web hosting company that also offers a wide range of other services for growing businesses. It’s one of the largest web hosts in the world, with over 20 million customers and more than 81 million registered domain names.
However, the Better Business Bureau (BBB) reported government action against the company. In January 2025, GoDaddy entered into a “decision and order” with the Federal Trade Commission (FTC), which alleges that the company didn’t use adequate security measures to protect its web hosting environment and may have misled customers about the extent of its protections. Without admitting fault, GoDaddy has agreed to comply with the FTC’s order.
What makes GoDaddy Capital shine?
GoDaddy Capital offers funding from $500 to $1 million, making it an option for businesses of all sizes. It also doesn’t require a hard credit check, as it’s more concerned with your business financials than your credit score. You could receive funding as soon as the next day, but you’ll have to use GoDaddy payments to qualify.
Where GoDaddy Capital falls short
GoDaddy Capital doesn’t disclose its rates, which can make it hard to compare with other options. You’ll need to apply to find out the total cost of the loan. However, MCAs are generally one of the most expensive forms of business funding.
It also requires daily repayments, which may be a struggle for some businesses. It takes a set percentage of your daily sales, so your payments vary depending on how much revenue you bring in.
Plus, GoDaddy Capital is only for merchants who use GoDaddy Payments. If you use another payment processing service, you’ll need to consider other business loan options.
GoDaddy Capital loan details
| Minimum credit score/credit range | No minimum |
| APR | Not stated |
| Loan amount | $500 to $1M |
| Term | Varies |
| Approval turnaround | As soon as 24 hours |
| Availability | May not be available in all states |
| Fees | One flat fee for funding |
GoDaddy contact info
| Phone number | 480-366-3550 |
| Customer service hours | 24/7 |
| No email, but there’s a live chat option | |
| X, formerly Twitter | @GoDaddy |
| GoDaddy |
How to qualify for GoDaddy Capital
The main requirement to qualify for GoDaddy Capital is that you have to be a GoDaddy Payments user. Beyond that, eligibility and approval are determined by its funding partners, YouLend and Pipe Technologies, which assess the following factors:
- Time in business
- Monthly revenue
- Overall business cash flow
- Account history
- Payment processing history
How to apply
Follow these steps to apply for a GoDaddy Capital MCA.
- Submit an application through your Commerce Home dashboard.
- Review customized offers, if eligible.
- Receive your funding in as soon as 24 hours if approved.
- Have daily payments automatically deducted from your account, based on a percentage of sales.
A soft credit check may be required, but there’s no impact on your credit score.
How GoDaddy Capital compares to other lenders
Compare other products
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How we picked theseWhat is the Finder Score?
The Finder Score crunches 12+ types of business loans across 35+ lenders. It takes into account the product's interest rate, fees and features, as well as the type of loan eg investor, variable, fixed rate - this gives you a simple score out of 10.
To provide a Score, we compare like-for-like loans. So if you're comparing the best business loans for startups loans, you can see how each business loan stacks up against other business loans with the same borrower type, rate type and repayment type.
GoDaddy Capital reviews and complaints
Because GoDaddy Capital is a new offering, it doesn’t have any reviews on the BBB or Trustpilot yet. The following reviews and complaints mainly reflect how customers feel about GoDaddy’s web hosting and other services.
Customer reviews on Trustpilot are mostly positive about the company. Customers praise the knowledgeable and helpful support team, with many reviewers referring to the support staff by name. But others complain of ongoing technical problems, high rates and unexpected fees.
There are very few positive reviews on the BBB, where GoDaddy has only 1.07 out of 5 stars. Customers report technical issues, difficulty contacting customer service, trouble getting refunds and billing issues.
What do people on Reddit say?
In several cases, clients also had their accounts closed without explanation and were told they could no longer use GoDaddy’s payment service.
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