Clearent by Xplor, a leading U.S. payment processor, has launched Xplor Capital, a new embedded financing solution enabling SaaS providers to offer fast, frictionless capital access to their merchants through Clearent’s payments infrastructure through a partnership with Parafin. With over two-thirds of U.S. small businesses seeking funding and many relying on personal savings, Xplor Capital addresses a pressing need by using sales data for pre-approvals, eliminating credit checks and lengthy applications. This low-effort integration allows software platforms to enhance user value, boost engagement, and support merchant growth through transparent, automated repayment terms and next-day funding.

Clearent by Xplor Launches Xplor Capital, Enabling SaaS Providers to Easily Embed Business Financing into Software