Anchor Funding Services Inc. (FPAY) 0.8000 $FPAY
FlexShopper, Inc. (Formerly Anchor Funding Services, Inc.) Reports Annual 2013 Results and Signs Letter of Intent to Sell Factoring Business
Marketwire - Tue Apr 01, 7:45AM CDT
FlexShopper, Inc. (OTCQB: FPAY) today announced that it incurred approximately $655,000 of expenses in 2013 to develop its lease-to-own (LTO) technology platform, resulting in a loss of $693,681 for the twelve months ended December 31, 2013. In addition, the Company is pleased to report that it has signed a non-binding letter of intent with a financial institution to acquire its factoring business, which, if completed, will provide the company with liquidity to expand FlexShopper's LTO business.
FlexShopper, First Major Online Lease-To-Own Financial Technology Company, Provides Boon To Retailers, E-Tailers
PR Newswire - Wed Mar 05, 10:29AM CST
For Justin Quintana, general manager at Half-Price Mattress in West Palm Beach, Florida, arranging financing for customers with credit problems was an expensive and time-consuming option. It involved faxes and approval delays that put sales at risk--not to mention the finance company's 6% merchant fee.
FlexShopper Announces the Launch of Its Lease to Own (LTO) Business and Digital Strategy Including an LTO Online Marketplace and Online Payment Method
GlobeNewswire - Wed Jan 22, 7:30AM CST
FlexShopper, Inc. (OTCQB:FPAY) has launched the first of three key strategic sales channels to expand and migrate the lease to own industry ("LTO"
into the digital age. The Company has completed the development and tested its "LTO Engine" in live stores. The LTO Engine is the Company's proprietary technology that automates the process of consumers receiving spending limits and entering into leases for durable goods within a few minutes. The LTO engine is the basis for FlexShopper's primary sales channels which are expected to include 1) serving as the financial and technology partner for thousands of durable goods retailers and etailers 2) selling directly to consumers via the online FlexShopper LTO Marketplace featuring hundreds of thousands of durable goods and 3) utilizing FlexShopper's patent pending LTO payment method at check out which FlexShopper is positioning as the payment option of choice for millions of consumers without sufficient cash or credit.
FlexShopper, Inc. Announces Pursuit of Sale of Anchor Funding Services Business
PR Newswire - Fri Dec 06, 3:00PM CST
FlexShopper, Inc. (OTCQB: FPAY) today announced that it is actively pursuing the sale of its Anchor Funding Services business. As previously disclosed, since June 2013 the company has been focused on developing its FlexShopper business which will provide certain types of durable goods to consumers on a lease to own (LTO) basis and also provide lease to own terms to customers of third party retailers. The sale of the Anchor Funding Services business would provide capital FlexShopper could use to support development of this new business.
FlexShopper, Inc. (Formerly Anchor Funding Services, Inc.) Reports Third Quarter Results
PR Newswire - Thu Nov 14, 3:00PM CST
FlexShopper, Inc. (OTCQB Symbol: FPAY) today announced financial and operating results for the three and nine months ended September 30, 2013.
FlexShopper, Inc. (Formerly Anchor Funding Services, Inc.) Reports Annual 2013 Results and Signs Letter of Intent to Sell Factoring Business
Marketwire - Tue Apr 01, 7:45AM CDT
FlexShopper, Inc. (OTCQB: FPAY) today announced that it incurred approximately $655,000 of expenses in 2013 to develop its lease-to-own (LTO) technology platform, resulting in a loss of $693,681 for the twelve months ended December 31, 2013. In addition, the Company is pleased to report that it has signed a non-binding letter of intent with a financial institution to acquire its factoring business, which, if completed, will provide the company with liquidity to expand FlexShopper's LTO business.
FlexShopper, First Major Online Lease-To-Own Financial Technology Company, Provides Boon To Retailers, E-Tailers
PR Newswire - Wed Mar 05, 10:29AM CST
For Justin Quintana, general manager at Half-Price Mattress in West Palm Beach, Florida, arranging financing for customers with credit problems was an expensive and time-consuming option. It involved faxes and approval delays that put sales at risk--not to mention the finance company's 6% merchant fee.
FlexShopper Announces the Launch of Its Lease to Own (LTO) Business and Digital Strategy Including an LTO Online Marketplace and Online Payment Method
GlobeNewswire - Wed Jan 22, 7:30AM CST
FlexShopper, Inc. (OTCQB:FPAY) has launched the first of three key strategic sales channels to expand and migrate the lease to own industry ("LTO"
into the digital age. The Company has completed the development and tested its "LTO Engine" in live stores. The LTO Engine is the Company's proprietary technology that automates the process of consumers receiving spending limits and entering into leases for durable goods within a few minutes. The LTO engine is the basis for FlexShopper's primary sales channels which are expected to include 1) serving as the financial and technology partner for thousands of durable goods retailers and etailers 2) selling directly to consumers via the online FlexShopper LTO Marketplace featuring hundreds of thousands of durable goods and 3) utilizing FlexShopper's patent pending LTO payment method at check out which FlexShopper is positioning as the payment option of choice for millions of consumers without sufficient cash or credit. FlexShopper, Inc. Announces Pursuit of Sale of Anchor Funding Services Business
PR Newswire - Fri Dec 06, 3:00PM CST
FlexShopper, Inc. (OTCQB: FPAY) today announced that it is actively pursuing the sale of its Anchor Funding Services business. As previously disclosed, since June 2013 the company has been focused on developing its FlexShopper business which will provide certain types of durable goods to consumers on a lease to own (LTO) basis and also provide lease to own terms to customers of third party retailers. The sale of the Anchor Funding Services business would provide capital FlexShopper could use to support development of this new business.
FlexShopper, Inc. (Formerly Anchor Funding Services, Inc.) Reports Third Quarter Results
PR Newswire - Thu Nov 14, 3:00PM CST
FlexShopper, Inc. (OTCQB Symbol: FPAY) today announced financial and operating results for the three and nine months ended September 30, 2013.
