Wayflyer has secured a $50 million corporate debt facility from Trinity Capital to expand its working capital capacity for small businesses and support investments in emerging growth areas, including its AI capabilities. The financing follows a series of capital market moves by the company. In July, Wayflyer announced a $1.5 billion forward flow agreement with Fortress Investment Group, bringing its total funding capacity to deploy up to $4.5 billion over the following 24 months. The company also secured a $250 million credit facility from ATLAS SP Partners in February. Since launching in 2020, Wayflyer has deployed billions of dollars in working capital to thousands of brands globally.
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“The foundational work of building a capital stack lets us meet the growing demands of the market for our working capital. We’re thankful for the partnership with Trinity, who understands what we are building and moved quickly. This facility gives us the room to fuel our next phase of growth, and invest our own capital in emerging growth areas,” said Aidan Corbett, CEO and co-founder of Wayflyer.Trinity said the transaction expands its European lending program, while Craig Fox, Managing Director of Originations, Tech Lending at Trinity Capital, said, “We believe Wayflyer is reshaping how small businesses access growth capital, using performance data to put funding in founders’ hands far faster than conventional models allow.”
