Anchor Funding Services Inc. (FPAY) 0.8300 $FPAY
FlexShopper, Inc. (Formerly Anchor Funding Services, Inc.) Reports Second Quarter 2014 Results, Accelerating Lease Originations and Growing Ecommerce Business
eTeligis - Thu Aug 14, 3:00PM CDT
BOCA RATON, FL, United States, via ETELIGIS INC., 08/14/2014 - - FlexShopper, Inc. (OTCQB: FPAY) announced today its results of operations for the three and six months ended June 30, 2014. For the three and six months ended June 30, 2014, lease revenues were $689,329 and $793,250, respectively. FlexShopper began originating lease-to-own transactions of durable goods in late December 2013 and, therefore, had no revenues for the comparable periods of 2013. FlexShopper originated 765 leases in the first quarter of 2014, and 2,136 leases in the second quarter, resulting in 2,901 lease originations for the six months ended June 30, 2014. FlexShopper's current lease portfolio is in excess of 4,500 leases.
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. (Formerly Anchor Funding Services, Inc.) Reports Second Quarter 2014 Results, Accelerating Lease Originations and Growing Ecommerce Business
eTeligis - Thu Aug 14, 3:00PM CDT
BOCA RATON, FL, United States, via ETELIGIS INC., 08/14/2014 - - FlexShopper, Inc. (OTCQB: FPAY) announced today its results of operations for the three and six months ended June 30, 2014. For the three and six months ended June 30, 2014, lease revenues were $689,329 and $793,250, respectively. FlexShopper began originating lease-to-own transactions of durable goods in late December 2013 and, therefore, had no revenues for the comparable periods of 2013. FlexShopper originated 765 leases in the first quarter of 2014, and 2,136 leases in the second quarter, resulting in 2,901 lease originations for the six months ended June 30, 2014. FlexShopper's current lease portfolio is in excess of 4,500 leases.
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. 
