Wayflyer keeps pricing simple and transparent. Unlike traditional loans with interest rates and hidden charges, we charge one fixed fee with your funding. This article explains how our fees work, what factors determine your fee, and what you'll never be charged.
Our fee structure:
Wayflyer charges a single fixed fee when you receive funding:
One simple fixed fee
The fee is typically between 5% and 10% of the total advance amount
The exact fee depends on your business's financial health, trading history, and risk assessment
This is not an interest rate – it's a one-time fee calculated upfront
What determines your fee?
Your business's financial performance and cash flow
Your historical revenue and growth trajectory
Your marketing performance and efficiency
Your trading history with Wayflyer (if applicable)
Overall risk assessment based on your business profile
Example calculation:
If you receive a $100,000 advance with a 6% fee, the fee would be $6,000. The total amount to be repaid is $106,000 ($100,000 + $6,000 fee). You'll repay this through an agreed percentage of your daily sales until the full $106,000 is collected.
What we DON'T charge:
No application fees
Signing up and applying for funding is completely free
No origination fees
There are no charges for processing or setting up your advance
No annual or monthly maintenance fees
You only pay the fixed fee on the advance amount
No documentation fees
All paperwork and verification is included at no extra cost
No interest
This is not a loan – we charge a fixed fee, not interest that accrues over time
No prepayment penalties
You can pay back your advance early without any additional charges
No late payment fees
Since repayments are based on your sales with our MCA offering, there are no penalties if sales are slower than expected
No hidden fees
The fee you're quoted is the total cost – there are no surprise charges
How fees work for repeat customers:
Every funding event will be calculated separately for customers, so additional funding may not be affected by previous offers. Customers who build a positive trading history with Wayflyer and access repeated advances often see their fees reduced over time, however each fee is calculated based on the state of your business at the time, in addition to historical performance with Wayflyer.
How to reduce your fee with Wayflyer:
If you are looking to reduce your fee with the offers you are presented with Wayflyer, you have several options:
Reduce the payback length of your funding: If you increase your remittance percentage, or the amount you are paying with a fixed loan we will be able to offer a lower fee.
Increase your funding amount: Increasing the base amount for your funding, or taking the maximum approved amount of funding will often lead to a smaller percentage fee for your funding with Wayflyer.
Once you have accepted an offer with Wayflyer you are unable to reduce your agreed upon fee. If you have any specific questions about offers, please reach out to your sales representative, customer success manager, or support at [email protected].