Wayflyer
39 Case Studies
A Wayflyer Case Study
Cigar Club, a curated cigar subscription service, needed a significant upfront payment to fund a large manufacturing order for a new product line but lacked the necessary working capital. Founder and CEO Jeff Zeiders turned to funding from Wayflyer to solve this cash flow challenge.
Wayflyer provided the flexible funding Cigar Club required to place the 30,000-unit order. The capital was sent directly to the company, allowing them to use it as needed. This solution enabled Cigar Club to fulfill the order, sell all the units at a substantial profit, and easily afford the repayments. The move contributed to the company achieving a 5x year-over-year sales growth. Jeff Zeiders continues to use Wayflyer's funding to support working capital needs for inventory and marketing, which in turn frees up cash to acquire other companies and build a family of brands.
Jeff Zeiders
Founder