Deal Flow: Wayflyer Reloads with $250M Facility to Accelerate US Expansion

The 30-Second Brief: Dublin-based fintech lender Wayflyer has secured a new $250 million credit facility from ATLAS SP Partners. The capital is earmarked to expand its growth-capital loan originations for US-based small and midsize businesses, a push that will be managed directly out of its new US headquarters in Charlotte, North Carolina.

The Full Story

Wayflyer just added another major piece to its U.S. growth strategy.

The Dublin-based fintech lender is making it clear they intend to capture a significant piece of the American market share. Wayflyer just locked down a two-year, $250 million credit facility from ATLAS SP Partners, giving them serious dry powder to deploy into the US market.

What makes this move noteworthy isn't just the dollar amount, but the physical footprint driving it. Wayflyer isn't managing this expansion from across the Atlantic. They've firmly planted their flag in Charlotte, turning the financial hub into their operational base for American underwriting, risk management, and commercial sales.

According to CEO Aidan Corbett, the Charlotte office already houses around 30 employees and is slated for aggressive hiring over the next year. The localization strategy is simple: put the decision-makers in the same time zone as the borrowers to deploy capital with the speed and flexibility that digital-first businesses demand.

The Industry Context

For professionals across the commercial finance and fintech sectors, Wayflyer's latest move reinforces a broader structural shift in who funds the modern economy.

E-commerce, retail, and consumer brands have highly dynamic inventory and marketing cycles that rarely fit into a traditional bank's rigid credit box. Wayflyer has exploited this gap brilliantly since its 2020 launch, pushing over $6 billion globally by leaning heavily into data-driven underwriting.

This $250 million injection signals that institutional capital providers like ATLAS SP Partners continue to see massive upside in the alternative SME space. As legacy banks continue to tighten their belts, tech-enabled lenders with fresh capital and localized underwriting teams are perfectly positioned to scoop up the resulting deal flow.