Waylog provides flexible financing facilities specifically designed for companies selling physical products. This platform unlocks working capital tied up in inventory, production cycles, or receivables without requiring equity. Businesses gain immediate liquidity to fund growth initiatives, manage seasonality, and accelerate operations.
Funding
Funding not disclosed
Founders
Product
Problem
Many importers, wholesalers, and distributors face cash flow challenges due to capital being tied up in inventory, which limits their ability to invest in growth opportunities. The time between ordering and receiving payment can be several months, creating a significant strain on working capital.
Solution
Waylog offers a supply chain finance platform that allows businesses to defer payments to their suppliers for up to 120 days, optimizing cash flow and unlocking working capital. Waylog pays the supplier on the buyer's behalf, and the buyer repays Waylog at a later date. This enables businesses to manage purchasing peaks, negotiate better terms with suppliers by offering faster payment, and invest in product development, marketing, and employees.
Target Audience
Waylog primarily targets importers, wholesalers, industrial companies, Amazon sellers, retailers, and traders across various industries, including clothing & shoes, outdoor brands, sports equipment, interior design, skincare & cosmetics, toys & gadgets, wine importers, watch brands, pet food companies, bicycles and electric vehicles, consumer electronics, and components.
Features
- Deferred payment terms of up to 120 days.
- Flexible repayment options, allowing early repayment with potential rebates.
- Streamlined platform for managing supplier payments.
- No fixed fees; users pay only for the amount they use and the time they need.
- Qualification for a free credit limit upon application.