Mindbody Capital offers merchant cash advances to provide funding that can be used to help run and grow your business. Cash advances are not loans and don't charge interest. Rather, you agree to sell a portion of your future sales in exchange for receiving an advance now, all for one low, fixed fee paid over the life of the advance.
You can use a cash advance to pay for any business expense.
Rather than pay on a set schedule, you’ll pay your merchant cash advance with a set percentage of future sales over time.
Applying doesn’t impact your credit score and doesn’t require any personal guarantees or collateral. Plus, there are no sign-up, late, or annual fees.
Merchant cash offers and advances are provided by Parafin and governed by Parafin’s Terms of Service. Merchant cash offers and advances and bank transfers are subject to review and may be rescinded. Merchant cash offers and advances are not extensions of credit or loans and they may not be used for personal, family, or household purposes.