If you don’t currently have an offer, it’s because your business is not eligible at this time. Our system performs regular eligibility checks, and you will receive a notification whenever a new offer is generated. Here are the main factors that may increase your chance of an offer:
- Consistency - consistent sales month-to-month that minimize big dips.
- Increase sales - growing your Mindbody sales could help improve your eligibility for an offer.
- Tenure - more time on the platform can give us more information to make a decision.
- Payment history - keeping payments on track for previous Mindbody Capital financing, if applicable.
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 Merchant cash offers and advances and bank transfers are subject to review and may be rescinded.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.