Lender profile

Wayflyer

Direct funder Charlotte, NC Founded 2020 Checked Sep 30, 2026
Wayflyer funds e-commerce, retail, software and service businesses with revenue-based cash advances and fixed-repayment term loans, each priced as a single fee. Its help center puts the fee for an advance typically between 5% and 10% of the amount, and its funding requires no personal guarantee.
Heads up. Wayflyer's pages publish different figures for the same terms, including amounts from 'up to $1m' to '$10K-20M' and repayment horizons of 12-24 weeks or 3-9 months. Retail and service businesses need 2 years of operating history, and dropshippers are not funded.

The open book

What Wayflyer publishes, and what it doesn't

5 of 9 things a business owner needs to compare offers are on its website.

Published

Amounts
Not published
Minimum credit score
Not published
Minimum time in business
6 months
Minimum monthly revenue
$10,000
Speed, in its words
Not published

The ledger

  • Minimum time in business
  • Minimum revenue
  • Price (rate or factor)
  • Fees
  • Excluded industries
  • Funding amounts Not published
  • Minimum credit score Not published
  • Funding speed Not published
  • Term length Not published
Loosest published figure across its products, from its own website. Details by product below.

By product

Wayflyer's products, as published

Open “Sources” under any product to see the exact wording and the page it came from.

Revenue-based financing

How revenue-based financing works
Price published
Amounts
Not published
Price
Fee 5%–10% (flat fee on the advance)
Term
Not published
Repayment
Variable
Minimums
Credit n/p · Time in business 6 months · Revenue $10K/mo
Fees
A single fixed fee calculated as a percentage of the funding amount, typically 5% to 10%; no origination, annual, monthly maintenance or documentation fees and no penalty for early repayment.
Industries excluded
Dropshippers
Collateral
Not required
Personal guarantee
Not required
Sources (14)
Price not published
Amounts
Not published
Price
Not published
Term
Not published
Repayment
Variable
Minimums
Credit n/p · Time in business n/p · Revenue $10K/mo
Fees
One fixed fee, known before acceptance. No fee amount or percentage is published for the term loan.
Industries excluded
Dropshippers
Collateral
Not required
Personal guarantee
Not required
Sources (11)

One application, many funders

Compare offers from multiple funders

Openbook matches your file with funders whose published criteria fit. You approve every funder before your file goes out, and every offer comes decoded.

  • About 3 minutes. No SSN and no bank login to start, so checking doesn't affect your credit.
  • 4 months of bank statements. A specialist contacts you within 1 business day and asks for them through a secure link.
  • You approve every funder before your file goes out. No cost to apply, and no obligation to accept.