In these videos, three small business owners share how they left their previous careers, launched new products, and built businesses from the ground up on Amazon. Each came from a different industry and faced unique challenges along the way. With persistence, creativity, and support from Parafin, they’ve turned bold ideas into thriving businesses.
“Some of the challenges have been keeping up with the demand. I think for business owners, getting business financing is a challenge. The transparency from Parafin was amazing—knowing what the terms are, and when the payments are coming out. In a matter of 1-2 days, use those funds to order more inventory just to keep up with demand. Giving us that opportunity to go global, Parafin helped our business grow to new heights.”
“To find a lender who’s not really expensive is hard. It’s probably one of the biggest challenges for a small business like ours. None of this expansion comes easily. To have someone like Parafin and Amazon Lending that will work with you toward that goal is really crucial.”
“Financing was the biggest challenge for us. Usually the 1st quarter of each year, we kept having spikes. Orders would come in and we’d run out of products.
Just making sure we have enough cash flow to meet the demand we’re getting... it was really fast, maybe less than 24 hours. I was able to get the inventory I needed and hired my first full-time employee.”
¹Loans and lines of credit are issued by Celtic Bank.
²Parafin is a financial technology company, not a bank. Cash Account and banking services provided by Column N.A. ("Column"), Member FDIC. Parafin is not an FDIC-insured depository institution. FDIC deposit insurance covers the failure of an insured depository institution. Deposits in Cash Accounts are eligible for FDIC insurance up to $250,000 per depositor, for each insurable capacity in which the account is held. Spend Cards are issued by Column, pursuant to a license from Visa U.S.A. Inc. Spend Cards are powered by Marqeta. Approval is not guaranteed and is subject to checks. Terms and conditions apply. See here for more information regarding the Spend Card and here for more information regarding the Cash Account.
