Slate and Parafin both put capital in your product.
The difference is how much of the programme you can see, how many products it can offer, and when the offer arrives.
Side by side.
Parafin provides capital to businesses through platform partners, offered as merchant cash advances.
| Slate | Parafin | |
|---|---|---|
| What you can offer | Working capital, a revolving credit line, payroll bridge and card float, from one integration. | Merchant cash advances. |
| When the offer appears | On the day your data shows the need — a short payroll on Wednesday, a signed change order on Thursday. Re-scored every morning. | Offers are surfaced against a customer’s stage and history on the platform. |
| What you see | The decision behind every offer: who qualified, for how much, and which signals moved it. | Offer eligibility is returned to the platform. |
| Whose balance sheet | Ours by default. Yours if you want the whole spread, or a facility in between — the same integration either way. | Funded by Parafin and its capital partners. |
| Whose brand | Yours, end to end, including the emails, on a domain you own. | Partner-branded. |
| Where it operates | Canada and the United States. | United States and Canada. |
Parafin is a trademark of its owner and is not affiliated with Slate. Everything in this column is drawn from their published product information and was accurate when this page was written.
One integration, more than one product
A cash advance is the right answer some of the time. A revolving line the customer draws against, a bridge sized to a short payroll, or float against a card statement are the right answer the rest of the time. Slate runs all of them behind the same element, so adding the second product is a configuration change rather than a second integration.
The offer is timed, not scheduled
Your software already knows the moment: the payroll that is short on Friday, the invoice that went unpaid for twelve days, the change order signed this morning. Slate reads that every day and puts the offer up on the day it is worth something, which is the difference between a product your customer uses and a banner they scroll past.
You can see the decision
Every offer comes back with what drove it — who qualified, for how much, and which signals moved the limit. You can answer a customer asking why, and you can see your own portfolio changing before it shows up in the numbers.
FAQ
Yes. The integration is one element or a REST API, and the data we need is the trading history you already hold. Most platforms are live within a week on the drop-in element; a fully custom build on the API takes a few weeks.
See it on your own data.
Open a sandbox and put the element in, or talk to someone who has launched one.