Parafin Announces New Credit Facility with Goldman Sachs and One William Street

SAN FRANCISCO--(BUSINESS WIRE)--Parafin, a leading embedded financial infrastructure company named to the 2026 Forbes Fintech 50, today announced a new credit facility led by Goldman Sachs, alongside One William Street Capital Management, L.P.

Building on Parafin's recent warehouse credit facility expansion with Silicon Valley Bank, EverBank, and Trinity Capital, the new facility will help extend access to embedded lending for more small businesses through the platforms they already use, including Amazon, DoorDash, Gusto, TikTok Shop, Walmart, and many others. The additional capacity will support financing products that help businesses manage cash flow, invest in growth, and navigate day-to-day operating needs.

The growth in financing capacity reflects consistent demand from small businesses that return to Parafin’s products as they grow: the majority of Parafin’s fundings go to repeat borrowers. With over 50,000 businesses funded to date¹, that repeat usage underscores the role embedded capital plays in helping businesses invest in growth and manage cash flows.

“Small businesses increasingly expect financial products to be built into the software and platforms they already use to run their businesses,” said Sahill Poddar, cofounder and CEO of Parafin. “Embedded lending is becoming a critical part of how businesses access capital, and this facility strengthens our ability to meet that demand at scale. Through our expanded financing capabilities, we are accelerating the delivery of flexible financing to small businesses from every part of the economy, supported by this credit facility from Goldman Sachs and One William Street."

As the leader in embedded lending, Parafin has extended over $35 billion in offers to small businesses across the United States and Canada to date¹. Learn more about how Parafin helps platforms deliver financing at the point of need at parafin.com.

¹ Parafin internal data, as of June 2026

About Parafin

Parafin is a financial infrastructure company that provides platforms with embedded financing products for their small businesses by abstracting the complexity of capital markets, underwriting, servicing, compliance, and customer support. By powering the financial services of marketplaces, vertical SaaS platforms, and payment processors, small businesses can run and grow despite uncertain economic conditions. Parafin powers platforms such as Amazon, Walmart, DoorDash, Gusto and many more and serves tens of thousands of businesses. Parafin was founded in 2020 by Sahill Poddar, Vineet Goel, and Ralph Furman, and is backed by Ribbit Capital, Thrive Capital, GIC, Notable Capital, and Redpoint Ventures. For more information, visit parafin.com or contact [e-mail].

About Goldman Sachs

The Goldman Sachs Group, Inc. is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. For more information, visit goldmansachs.com.

About One William Street Capital Management

One William Street Capital Management, L.P. ("OWS") is a premier alternative investment manager offering clients investment solutions across public and private asset-based, structured, and opportunistic credit. Founded in 2008, OWS and its affiliates manage in excess of $8.0 billion in assets under management. OWS’ Private Asset-Based Finance strategy provides capital and risk solutions to specialty finance companies, fintechs and other asset owners and originators via unitranche and mezzanine facilities, forward flow agreements, portfolio acquisitions, and other bespoke asset acquisition and financing structures. On behalf of its investors, the firm invests in both public and private format across a range of asset classes and geographies, with a focus on North America and Europe. For more information, please visit https://onewilliamstreet.com