Overview
Many merchants face cash flow challenges but lack access to fast, streamlined funding options.
NMI’s embedded lending solution, Business Capital, powered by Parafin, allows eligible merchants to access business funding directly within their merchant portal. Using anonymized merchant sales data, personalized, pre-approved funding offers are automatically generated and delivered by email and displayed in the merchant portal—without requiring affiliate partners or merchants to complete a traditional credit application.
Neither affiliate partners nor NMI are involved in loan approval and financial risk is assumed by Parafin as the lending provider. Affiliate partners earn a commission on approved funding, creating a new revenue opportunity without operational or financial responsibility.
By offering Business Capital, partners can support merchant growth, improve retention, and unlock a recurring revenue stream—without managing underwriting, funding, or servicing.
ℹ️ All loans are issued by Celtic Bank. All loans and offers are subject to credit approval, identity verification, and periodic review, and terms may change without notice. Bank transfers are subject to review
Merchant Benefits
Merchants can apply through a simple, self-serve experience with no additional paperwork or credit checks. If approved, funds are typically deposited within 24–48 hours, and repayment is automatically tied to a percentage of daily sales, helping merchants better manage cash flow during slower periods.
Key Benefits include:
- Pre-approved offers based on sales history
- No traditional credit checks or paperwork
- Sales-based repayment using a percentage of daily sales
- One fixed fee with no interest or late fees
- Fast funding, typically within 24–48 hours if approved
- Self-serve experience to review offers, accept funding, and track repayment in the portal
Affiliate Partner Benefits
Business Capital is designed to be low effort and high impact for partners.
Key benefits include:
- Additional revenue: Partners earn commission on every loan funded.
- Improved merchant retention: Merchants value access to fast, flexible capital.
- No financial risk: Partners do not fund loans or assume liability.
- Minimal operational effort: Underwriting, funding, repayment, and servicing are handled by Parafin.
Who Is Eligible?
Business Capital availability depends on merchant eligibility determined by the Parafin.
General eligibility requirements include:
- Be based in the U.S
- Card payment volume with at least 3 months history must be in your NMI portal
- Supported merchant categories (some MCCs are excluded)
Eligibility does not guarantee an offer. Offers appear only when criteria are met.
What Happens After It’s Enabled?
Once Business Capital is enabled by a partner:
- Eligible merchants may see funding offers in the merchant portal
- Merchants may receive email notifications when offers are available
- Merchants can accept offers directly through the embedded experience
- Funding and repayment are managed by Parafin.
Common Questions
Who is Parafin?
Parafin is an external financing provider that works with us to provide access to capital. Parafin handles all underwriting, funding, and servicing.
What is a Parafin Flex Loan?
- A one-time lump sum amount offered to pre-approved merchants. Repayments are calculated by a fixed percentage of sales and do not incur interest.
- Repayments are automatically debited from the merchant’s linked bank account. Recurring payments are net-30 days and included in the offer details.
Do I take on any merchant financial risk?
No. There is no financial risk or liability for the partner. Approval and repayment are based on Merchants’ sales data and collections are handled by Parafin.
Can partners control pricing or terms?
No. Pricing, eligibility, and repayment terms are set by Parafin.
Need Help?
For additional support, please contact our Support team by submitting a ticket: