If your business is still operating but you've decided that you intend to close your platform account while having an active merchant cash advance, you must first pay the outstanding balance in full.
Please see our Merchant Terms of Service for more information.
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 Merchant cash offers and advances and bank transfers are subject to review and may be rescinded.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.