FlexShopper, Inc. Announces Exclusive Lease-to-Own Services Agreement With Top Electronics Internet Retailer
eTeligis - Wed May 28, 3:01PM CDT
BOCA RATON, FL, United States, via eTeligis Inc., 05/28/2014 - - FlexShopper, Inc. (OTCQB:FPAY) is pleased to announce that it has signed an exclusive Lease-to-Own ("LTO"
TAB Bank Completes Acquisition of Anchor Funding Services, LLC Factoring Portfolio
Marketwire - Wed May 21, 9:10AM CDT
TAB Bank is pleased to announce it has entered into an Asset Purchase and Sale Agreement to acquire the factoring portfolio and other related assets of Anchor Funding Services, LLC of Charlotte, NC. In addition to Anchor's factoring portfolio of approximately 100 clients, the acquisition includes all portfolio related assets, names, trademarks, intellectual property, domains, and sales and marketing channels.
FlexShopper, Inc. to Present at LD Micro Invitational
eTeligis - Wed May 21, 7:01AM CDT
BOCA RATON, FL, United States, via eTeligis Inc., 05/21/2014 - - FlexShopper, Inc. (OTCQB:FPAY) is pleased to announce that Morry Rubin, Co-Founder and Chief Executive Officer and Brad Bernstein, President will present at the LD MICRO Invitational on Wednesday, June 4th, 2014 at 8:30 AM PDT / 11:30 AM EDT. "We are honored to have FlexShopper present at our 4th Invitational," stated Chris Lahiji, President of LD Micro.
FlexShopper, Inc. Reports First Quarter 2014 Results and Accelerating Lease Originations
eTeligis - Thu May 15, 3:01PM CDT
BOCA RATON, FL, United States, via eTeligis Inc., 05/15/2014 - - FlexShopper, Inc. (OTCQB:FPAY) announced today its results of operations for the quarter ended March 31, 2014. For the quarter ended March 31, 2014, lease revenues were $103,921. FlexShopper began originating lease-to-own transactions of durable goods in late December 2013 and, therefore, had no revenues for the comparable period of 2013. FlexShopper originated 765 leases in the first quarter of 2014, its first quarter of meaningful operations in its new business. FlexShopper's current lease portfolio is in excess of 1,700 leases.
FlexShopper, Inc. to Present at the Third Annual Marcum MicroCap Conference
eTeligis - Wed May 14, 7:30AM CDT
BOCA RATON, FL, United States, via eTeligis Inc., 05/14/2014 - - FlexShopper, Inc. (OTCQB: FPAY) will be a featured presenter at the 3rd Annual Marcum MicroCap Conference on Thursday, May 29, 2014 in New York City at the Grand Hyatt Hotel.
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"