Wayflyer, a working-capital provider for fast-growing small businesses, has secured a $250 million, two-year credit facility with ATLAS SP Partners, the warehouse finance and securitized products business majority owned by Apollo funds.
The new facility is designed to expand Wayflyer’s funding capacity as the company continues to scale its operations and serve growing demand from small and medium-sized enterprises. The agreement reflects institutional confidence in Wayflyer’s underwriting model, portfolio performance, and disciplined approach to growth.
The company recently surpassed $100 million in annual revenues. With the additional capital, Wayflyer plans to continue expanding while maintaining credit quality standards. The increased funding capacity will be directed toward small business founders seeking flexible, non-dilutive financing to support inventory purchases, marketing initiatives, and broader expansion efforts.
Wayflyer has deployed more than $6 billion in working capital to thousands of businesses globally since its launch in 2020. The company has built a diversified institutional funding base as demand for alternative financing solutions among online merchants continues to rise.
The credit facility follows a period of momentum for Wayflyer, particularly in the U.S., where the company has seen rising demand from small businesses. Wayflyer has expanded its presence in New York City and recently opened a new U.S. hub in Charlotte, North Carolina, strengthening its operational footprint and long-term commitment to North America.
KEY QUOTES:
“Closing this facility with ATLAS is a strong vote of confidence in Wayflyer’s model and performance. Scaling responsibly alongside leading global financial institutions enhances our ability to provide fast, flexible capital to more founders, helping businesses invest in growth, and navigate volatility with greater confidence.”
Aidan Corbett, CEO and Co-founder, Wayflyer
“We are pleased to provide Wayflyer with additional capital. This partnership underscores our commitment to delivering meaningful financing solutions to our clients.”
Andrew Koepke, Director, ATLAS SP Partners