Clearent by Xplor, a leading U.S. payment processor under Xplor Technologies, has launched Xplor Capital, an embedded financing solution designed for SaaS providers and their merchant customers. The initiative is powered by a strategic partnership with Parafin, a capital-as-a-service platform specializing in small business financing.
Following the successful rollout of Xplor Capital for small businesses, this expanded offering allows SaaS platforms to seamlessly embed pre-approved funding capabilities into their software ecosystems. This move comes as demand for fast, accessible capital continues to grow—67% of U.S. small business owners plan to pursue funding in the next year, yet over 75% express concerns about access.
What Xplor Capital Offers SaaS Providers
Xplor Capital enables software platforms to integrate capital offerings through a simple API or branded loan widget. Merchants receive personalized, pre-approved funding offers based on real-time sales data—removing the need for lengthy applications or credit checks.
Key features include:
- Frictionless Financing: Fast approval and access to funds, with no credit checks.
- Embedded Growth Tool: Easily integrated into SaaS products to drive customer value.
- Revenue Boost Potential: Merchants using financing often see measurable business growth.
- Predictable Repayment: Repayments come via a fixed fee and a percentage of daily sales.
“SaaS platforms offering embedded payments can now take it further—helping merchants grow with on-demand access to capital,” said Nick Campbell, Chief Product Officer, Payments at Xplor Technologies. “It’s a win for platforms and their customers.”
Strategic Impact
This low-lift integration offers SaaS providers a competitive edge by increasing platform stickiness and merchant engagement, while also opening up new revenue streams. The solution is currently available to all Clearent by Xplor software partners.
“With many small business owners relying on personal savings, fast and flexible capital access embedded within daily-use software is a game changer,” said Michelle Van Horn, VP of Product Partnerships at Xplor.
Learn more: xplortechnologies.com