Wayflyer: revenue-based cash advances and term loans

Wayflyer describes itself, in effect, as a funder for businesses that already sell a lot and want to spend that momentum on the next round of stock, advertising or hires. It isn’t a bank and it doesn’t ask for your house. It asks to see your sales.

That makes it an interesting option for a particular kind of Australian business, and a poor one for others. This page lays out what Wayflyer says it offers as at October 2026, how its two products differ, who tends to fit, and what to do if the answer isn’t what you hoped for.

What does Wayflyer offer?

Wayflyer’s Australian page lists two products:

Product	How you repay	Worth knowing
Term Loan	Fixed instalments	Predictable amount each period, easier to budget
Cash Advance	A percentage of revenue	Repayments rise and fall with sales

You can choose a bi-weekly or monthly schedule. Funding is listed at $10k to $20m, depending on how your business is performing. The fee is a single fixed amount, shown before you accept, and the page says there are no origination, prepayment or late-payment fees. It doesn’t publish a rate, so the practical test is the dollar figure on your own offer.

The range is wide, and a business at the lower end has a very different experience from one at the top. Smaller amounts are typically based on connected sales and bank data; Wayflyer says larger amounts may need financial accounts.

Who does Wayflyer suit?

The published eligibility is short: at least six months of trading, at least $10k in monthly sales, and an incorporated business in a supported country, which includes Australia. The site lists ecommerce, Amazon sellers, wholesalers and retailers, but also service businesses such as cafes, clinics, gyms, salons and trades.

In practice, the best fit usually has:

• Trackable sales. Revenue passes through a platform or an account that can be connected and read.
• A clear use for the money. Inventory ahead of a peak, an advertising push that you can measure, or a second location.
• Healthy margins. A revenue-linked repayment takes a slice of every sale, so thin margins feel it quickly.

It’s a weaker fit for businesses with sales that are mostly cash and undocumented, brand-new ventures, or owners who need money for something that doesn’t generate daily revenue. Wayflyer’s own site notes the first of the connection steps is linking your platforms and bank account, so messy records slow things down.

How do you read a Wayflyer offer sensibly?

Because the pricing is a fixed fee instead of a quoted rate, the number to focus on is the total repayment in dollars compared with the amount you receive, and then how fast that is repaid.

A short example, illustrative only. A homewares retailer connects its sales data and is offered a Cash Advance to buy winter stock. The owner lists the gross profit they expect from the stock, subtracts the full repayment, and checks that the remainder still covers rent, wages and the next purchase order. If the answer is thin, they ask about a smaller amount or a Term Loan with a longer schedule.

Questions to put to any funder, Wayflyer included:

1. What is the total I repay, and what is the effective cost across the schedule?
2. How are repayments handled if sales fall short?
3. Is anything recorded against my business on the PPSR?
4. What happens at renewal, and does early payout reduce the fee?

If you want to compare structures first, revenue-based finance versus a merchant cash advance explains where the two overlap, and our merchant cash advance guide covers the typical pitfalls.

Not sure which structure matches your use of funds? Send us the outline and a specialist will talk it through.

Timing and process

Wayflyer says applying takes under ten minutes: tell it about the business, securely connect your sales platforms and bank account, then receive a decision. The website quotes an approval “within the hour” on its homepage and “as little as 24 hours” in its FAQ, so plan on the longer figure if timing matters. It also says most businesses receive funds within hours of accepting an offer.

If Wayflyer isn’t right, what else is there?

The reason matters more than the no.

• Sales under the minimum, or under six months trading? Look at equipment finance or stock-specific options, which lean on the asset rather than your history.
• Prefer to be assessed on bank statements? Online lenders such as Bizcap and Capify do this, and Shopify Capital is an option if you trade through Shopify.
• Customers are slow to pay? Invoice finance advances cash against what you’re owed.
• Have a bank relationship? Banks are often the cheapest money when you meet their criteria, so ask. If the answer has already been no, read declined by the bank.

Run your numbers through the unsecured business loan calculator to see how a repayment sits against your turnover.

Ready to see what fits your business?

A funder’s website can tell you what it offers, but not whether it is the best structure for your margins and your timing. A short enquiry with us gives a real person the chance to weigh that up. It takes about a minute, there’s no credit check at the enquiry stage, and we keep your details in one place instead of sending them to a stack of funders. Accurate answers about turnover, existing finance and the purpose of the money mean the first option we raise has a good chance of being the right one.

Find the funding that fits your sales →