Saturday, December 14, 2024

Wayflyer: Announcing $253mn debt financing from Credit Suisse

Wayflyer: Announcing $253mn debt financing from Credit Suisse

  • Wayflyer is to help eCommerce businesses to grow no matter the obstacles they face
  • Secured a $200mn (plus $53mn mezzanine) debt financing facility from Credit Suisse
  • Enabling it to quickly provide funding to eCommerce businesses helping them fuel growth
  • It will also allow to improve liquidity and support its ambition to offer the most competitive rates to its customers
  • Its disciplined underwriting model and position as a leading partner to some of the largest financiers in the world
  • Specialises in providing funding to eCommerce businesses, helping them solve critical working capital problems that can constrain growth

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