We’re excited to announce a new sales-based financing solution designed to give eligible sellers on the Amazon store convenient access to the capital they need to grow their business.
With a merchant cash advance from Parafin, your business can receive between $500 and $10 million for a fixed capital fee with a flexible payment schedule linked to a predetermined percentage of your business’s future sales until the funding is fully paid off. There’s no interest, no personal collateral required, and no late fees.
If approved, you can use these funds to cover any type of business expense including inventory management, payroll and hiring, marketing or new product and solution development.
The program is fully digital so you can quickly complete an application online and, if approved, get funds into your account in a matter of days, if not hours.
Go to Amazon Lending to determine if a merchant cash advance is the right fit for your business and to see if you’re eligible to apply.
Started by a dedicated group of data scientists and engineers, Parafin is a business financing provider that was founded with the mission to grow small businesses. Amazon has partnered with Parafin to provide Amazon sellers with fast, easy access to capital, so they can make payments that match the natural ebb and flow of their business.
Parafin terms and conditions
Parafin is a business financing provider that Amazon has partnered with to offer merchant cash advances to Amazon sellers. All financing is governed by Parafin’s Capital Advance Agreement. Merchant cash offers and advances are not extensions of credit or loans and they may not be used for personal, family, or household purposes.