Wayflyer lands $250 million credit facility
Wayflyer, a provider of working-capital solutions for small businesses, has secured a $250 million, two-year credit facility, strengthening its ability to extend funding to merchants seeking faster access to cash for inventory, marketing, and day-to-day operations.
More capacity for small-business working capital
The new facility adds to Wayflyer’s funding toolkit at a time when many small and mid-sized businesses continue to balance growth ambitions with tighter operating conditions. Credit facilities of this type are commonly used by alternative lenders to scale originations, allowing them to deploy capital more efficiently while matching funding terms to the duration of customer advances.
Why the deal matters
For small businesses, working-capital products can offer a faster and more flexible option than traditional bank loans, particularly for companies with strong revenue performance but limited collateral. For Wayflyer, the expanded credit line may support higher volumes of financing and provide additional runway to serve a broader base of customers over the next two years.
While Wayflyer did not disclose additional details about pricing, lenders, or deployment timelines in the announcement provided, the size and duration of the facility indicate continued institutional appetite for private credit exposure tied to small-business financing.
The deal underscores the ongoing competition among fintech and non-bank lenders to provide working capital to small businesses, a segment that often prioritizes speed, simplicity, and predictable repayment structures.
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