Parafin has begun offering financing to Walmart Marketplace sellers.
Through the Walmart Marketplace Capital program, eligible sellers can access financing through Parafin, an embedded finance firm and an approved Walmart Marketplace solution provider, Parafin said in a Wednesday (Sept. 11) press release.
The Capital by Parafin program under Walmart Marketplace Capital offers funding provided by Parafin with one fixed capital fee, no interest or late fees, payments based on a percentage of the seller’s sales, and repayment periods of up to nine months, according to a Walmart Marketplace Capital web page.
“Parafin is on a mission to help grow small business,” Sahill Poddar, CEO of Parafin, said in the release. “Walmart is a leader in the small-medium business economy and is driving life-changing growth for these businesses that ultimately deliver on Walmart’s…
