Wayflyer, the specialist revenue-based e-commerce lender that offers working capital based on sales data from its borrowers, announced it has secured a $1 billion debt funding line from asset manager Neuberger Berman. Wayflyer provides working capital to over 3,000 merchants. The new funding facility, structured as an off-balance sheet asset, will support Wayflyer’s continued growth and its goal to help e-commerce customers meet their cash flow needs, especially in the US market.

Wayflyer Tops-up Funding with $1B from Asset Manager Neuberger Berman