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Wayflyer PayOff

Advertiser Disclosure

Repayment of loan

Wayflyer allows you to pay back your cash advance and associated fees as a proportion of your business's future sales. Every dollar you borrow comes with a predetermined cost of funding. It ranges from about 2% to 8% of the total capital, giving you many leeways depending on your company's specifics.

Signing up and applying for loans are both completely free of charge. There are no up-front or recurring costs, such as an origination fee, monthly maintenance charge, or any other hidden fees associated with the loan's terms and conditions, such as interest rates or a documentation fee.

Early payoff

You can accelerate your loan repayment schedule if your business outperforms expectations. This arrangement looks excellent from both perspectives. There is no fee assessed for prepayment at any time on Wayflyer.

FAQ

How does my Wayflyer funding get paid off?

The Wayflyer business generates income by initially charging a "remittance rate" on revenues and a "principal rate" on advances.

What happens with my Wayflyer funding if I don't reach an IPO?

There is a prohibition on taking out that money. This sum will remain unavailable until the IPO allotment is determined.

What will be my cost of Wayflyer funding?

Wayflyer will charge a fee of between 2 and 8% of the advance if they give you a cash advance of $100,000.

Calculate loan payments in Wayflyer

Wayflyer calculator will allow you to calculate an approximate payment schedule for the loan

Wayflyer calculator
Interest rates are given in accordance with the rates of the Wayflyer of 13.12.2024
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