Overview
This article walks partners through enabling Business Capital in the Partner Portal. Merchants will not see Business Capital or receive offers until the partner completes these steps. Partners use this article when they are ready to turn on the program and configure which merchants are eligible.
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
Important Before You Begin
- Business Capital is not visible to merchants by default
- Partners must enable and launch the program before any merchant can see offers
- Once launched, offer notification emails cannot be recalled
Prerequisites / Access Requirements
Before enabling Business Capital:
Email support@nmi.com to enable the BUSINESS_CAPITAL feature.
- You must be logged into the Partner Portal.
- You must have the Manage Business Capital Permission enabled. To check or update this, go to Settings > Users, select your user profile, and confirm the permission is enabled.
- You must be an authorized user able to accept legal and financial terms
You should review which merchants should be included or excluded before launch
Step-by-Step: Enabling Business Capital For Merchants
Step 1: Access Business Capital in the Partner Portal
- Log in to the Partner Portal
- Access Business Capital using either method:
- Click Business Capital > Configuration from the left-hand navigation menu, or
- Wait for the Business Capital pop-up to appear and click Learn More
You will be taken to a landing page with an overview of the Business Capital program.
Step 2: Start the Enablement Flow
- Review the program overview on the landing page
- Click Get Started with Business Capital
This begins the enablement and configuration process.
Step 3: Review and Accept Legal Terms
- Review the Business Capital legal terms
- Confirm that you are authorized to enable the program
- Click Confirm & Continue
Please Note: Business Capital cannot be enabled until these terms are accepted.
Step 4: Configure Merchant Settings
After accepting the legal terms, you will be taken to the Mass Enable Business Capital page.
On the merchant selection page, you can control which merchants are eligible for Business Capital.
From this page, you can also:
- Click Learn More to review merchant restrictions (such as location or MCC limitations)
- Choose whether to automatically enroll future eligible merchants by selecting the checkbox
- Include or exclude specific merchant accounts (This step is critical to ensure only the correct merchants are considered for funding offers.)
Once your selections are complete, click Confirm & Launch Business Capital to proceed.
⚠️ Important:
Once Business Capital is launched:
- Offer emails may begin sending
- Offer emails cannot be recalled
After Launch: What Happens Next
After successful launch:
- A banner will confirm:
“You’ve successfully launched Business Capital for your merchants!” - You will gain access to the Business Capital Reports page
- Emails to eligible merchants will begin going out within the next business day
- Reporting will populate as offers are delivered and accepted
Managing Settings After Launch
You can manage Business Capital settings at any time from General Settings, including:
-
Merchant Qualification
- Update included or excluded merchants
-
Banking Information
- Review or update the account used for commission payouts
Enabling Business Capital for Sub-Affiliates
If you manage sub-affiliate accounts, you can enable Business Capital for them individually from the Partner Portal.
- Log in to the Partner Portal.
- Click List Accounts.
- Locate the Sub Affiliate Accounts section and click the + sign next to Sub-Affiliate Accounts to expand.
- Select the sub-affiliate account you want to pass down the service to by clicking its name.
- Then scroll down to the Available Services section.
- Find Business Capital and check the box next to it.
- Next you can scroll to the bottom of the page and click Edit Fee Schedules.
- Update the commission percentage as needed.
- Click Save Fee Schedules to apply your changes.
Please Note:
Business Capital must already be enabled at the top partner level before it can be assigned to sub-affiliates.
What Happens Next
Once Business Capital is enabled for a sub-affiliate:
- The sub-affiliate gains access to the Business Capital feature in their own Partner Portal.
- The sub-affiliate must complete the steps outlined in Step-by-Step: Enabling Business Capital for Merchants before their merchants can receive offers:
- Step 1: Access Business Capital in the Partner Portal
- Step 2: Start the Enablement Flow
- Step 3: Review and Accept Legal Terms
- Step 4: Configure Merchant Settings
⚠️ Important: Enabling Business Capital for a sub-affiliate does not trigger merchant offers. Loan offer emails will only begin after the sub-affiliate completes all setup steps and launches the program.
Common Questions
Can Business Capital be disabled later?
Yes, partners can adjust participation settings, but previously issued offers are not recalled.
How do I earn commission?
NMI partners earn commission on every loan funded. They receive a percentage of the origination fee which is unique for every borrower.
Will applying impact merchants’ credit score?
No. Parafin does not conduct credit checks. There aren't any hard or soft inquiries.
Are there any integration requirements?
No. Business Capital is embedded in the merchant portal with no integration required. Once a pre-approved offer is selected, the merchant is directed to Parafin, where Parafin handles the rest of the experience, including underwriting.
How do I, or my merchants contact support?
- Support Email: businesscapital@parafin.com
- Support Phone: 855-521-2440
- Click here for Help Center
Need Help?
For additional support, please contact our Support team by submitting a ticket:
https://support.nmi.com/hc/en-gb/requests/new