Deal is just the latest in a string of new partnerships for Shopify over the past several months as the Ottawa firm seeks to capitalize on the e-commerce boom.
Startup that provides just-in-time delivery services also topped OBJ's list of fastest-growing firms earlier this year and was of 28 local companies in the Globe rankings.
The Ottawa-based water solutions company said earlier this week the new loans are valued at US$1 million each and carry an interest rate of 9.75 per cent.