Wayflyer

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Overview of Wayflyer

Our mission at Wayflyer is to support the ambition of the eCommerce businesses we work with. We do this by solving the toughest problems in eCommerce, giving founders the power to pursue their ambition and achieve their big goals.

Recommended for…

Shopify and Amazon Brands

Key Highlights of Wayflyer

- Fast financing
- Tailored terms
- No collateral needed
- No equity taken

About Wayflyer

Since we founded Wayflyer, we’ve worked with thousands of eCommerce businesses. We asked them about the biggest problems they face and what keeps them up at night. Wayflyer exists to solve these problems. By providing financing and insights, we are breaking down barriers for eCommerce businesses, helping them to grow faster and achieve their potential. Building an eCommerce business isn’t easy. It takes hard work, determination and perseverance. More than anything, it takes ambition. At Wayflyer, we support this ambition. By solving the toughest problems facing eCommerce businesses, we’re giving them the power to pursue their ambition and achieve their goals.

Wayflyer FAQs

Question 1:

How do I know if I'm eligible for financing?

Answer 1:

To get financing from Wayflyer, eCommerce companies must:
- Have been in business for at least 6 months
- Have made at least $10,000 in average monthly sales over the last 6 months
- Be incorporated in a country we work in (United States, Canada, United Kingdom, Australia, Ireland, Spain, The Netherlands, Belgium, Denmark, Germany or Sweden) for at least 6 months
- Sell physical products online and hold their own stock
- We also fund wholesale companies and Amazon sellers, who need to meet slightly different criteria.

Question 2:

How does Wayflyer decide on my financing offers?

Answer 2:

When you apply for funding with Wayflyer, we’ll ask you to tell us about your company, and connect your banking, marketing and eCommerce platforms.

Our underwriting team reviews this information and works out the best funding offers for you based on:
- The overall health of your company
- Your revenue
- Return on your marketing investment

If we can offer you funding, we’ll generate a number of offers with different terms for you to choose from.

Question 3:

Are there restrictions on how I spend the funds?

Answer 3:

When you apply for financing with Wayflyer, we’ll ask you what you need it for, and this forms part of our underwriting assessment. However, once you’ve received your funds, there are no specific restrictions on how you spend them.

Question 4:

What fees do I have to pay?

Answer 4:

Signing up and applying for financing with Wayflyer is completely free.

If you accept an offer, we apply a fixed fee to the total amount of funding you get from us. This is usually between 2% and 8% of the financing amount.

There are no origination fees, annual fees, monthly maintenance fees, documentation fees, interest rates, or any other hidden fees.

Question 5:

How do remittances work?

Answer 5:

Daily remittances are usually made from your bank account to Wayflyer by an Automated Clearing House (ACH) pull or a Direct Debit, depending on your country.

The amount you remit to us each day is calculated by multiplying the remittance rate in your contract by the gross sales collected through your online store that day.

This continues until the agreed amount has been remitted.

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Supported Platforms

Shopify

Supported Marketplaces

Amazon

Supported Seller Types

Private/White Label Brand

Supported Languages

English

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