If your sales slow down, the amount you pay will decrease, too.
Because your payment obligations are tied to a set percentage of your sales, you’ll pay less—or nothing—on slow days. There’s no set time by which your advance needs to be paid.
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 Merchant cash offers and advances and bank transfers are subject to review and may be rescinded.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.