FlexShopper, Inc.
investors.flexshopper.comNo Longer Reporting
The company has not filed an annual or quarterly report since its Q3 FY2024 10-Q, filed Nov 19, 2024. Its latest SEC filing is a 25-NSE from Nov 14, 2025.
10-Q for Q3 FY2024, filed Nov 19, 2024
The sections below describe the company as of the FY2023 annual report.
What Did They Do?
Provides consumers with lease-to-own payment options for durable goods and consumer loans through its online marketplace and retailer channels.
10-K for FY2023, filed Apr 1, 2024FlexShopper is a financial technology company that provides transparent and competitive payment options to consumers. FlexShopper has a…View ↗
We believe that our LTO programs, which are designed to improve the quality of life of our customers by providing them the ability to…View ↗
In 2021, we began a test to market an unsecured, consumer loan product for our bank partner. In the bank partner origination model…View ↗
In late 2022, FlexShopper purchased the assets of Revolution Financial, Inc. (“Revolution”). This purchase facilitated the creation of a…View ↗
Who Were Their Customers?
Consumers with limited cash or credit use FlexShopper's online marketplace or retailer partners' online checkout and physical stores for lease-to-own purchases; consumers can also apply for loans through FlexShopper's platform.
10-K for FY2023, filed Apr 1, 2024FlexShopper is a financial technology company that provides transparent and competitive payment options to consumers. FlexShopper has a…View ↗
We believe that our LTO programs, which are designed to improve the quality of life of our customers by providing them the ability to…View ↗
In late 2022, FlexShopper purchased the assets of Revolution Financial, Inc. (“Revolution”). This purchase facilitated the creation of a…View ↗
The non-prime consumer lease and finance industry offers consumers an alternative to traditional methods of obtaining both durable goods…View ↗
How Were They Changing?
- Net income
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Sources
10-Q for Q3 FY2024, filed Nov 20, 2024
$2.4MView ↗
- ▲ +152%
- vs $940.1K in Q3 FY2023
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Oct 3, 2025
Flex Revolution will cease operations after a collateral sale
Basepoint agreed to fund operations through the sale; afterward, the buyer would assume or extinguish remaining obligations.
Sources
8-K, filed Oct 3, 2025
Pursuant to the Amendment, Basepoint agreed to (a) continue to forbear on taking any action or exercising any rights or remedies available…View ↗
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Oct 1, 2025
Lender accelerated debt and ended FlexShopper's servicing role
The lender demanded immediate payment and said it would provide no further advances.
Sources
8-K, filed Oct 1, 2025
On September 25, 2025, the Administrative Agent delivered to the FlexShopper Parties a Notice of Default, Acceleration of Obligations and…View ↗
Loan offerings expanded
The earlier report described an online loan product as an addition to lease-to-own. The latest report describes bank-partner loans and loans FlexShopper originates directly, extending the offering beyond lease-to-own purchases.
10-K for FY2020, filed Mar 9, 2021 10-K for FY2023, filed Apr 1, 2024We believe that our LTO programs, which are designed to improve the quality of life of our customers by providing them the ability to…View ↗
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