Case Study: SHIPAID launches fulfillment and returns products on schedule with Wayflyer

SHIPAID launches fulfillment and returns on schedule with Wayflyer

shipaid is a bootstrapped Los Angeles-based shipping platform that needed growth capital to fund the marketing and launch of two new products: a nationwide fulfillment network and a returns management service. After big banks were unwilling to provide a loan due to the company's lack of outside investor funding, founder Stefan Alexiev sought a solution from Wayflyer.

Wayflyer provided a fast and painless funding process, with capital arriving in shipaid's account within a week of initial conversations. This allowed shipaid to launch both new products on schedule without pulling back on its marketing efforts. The funding from Wayflyer supports the company's goal to triple its merchant base over the next two years.

SHIP AID