FlexShopper Enters Limited Forbearance Agreement with Borrower

FlexShopper, a financial technology company, has entered a limited forbearance agreement with a borrower. The company provides payment options to consumers through lease-purchase solutions and loans, enabling consumers to shop for durable goods like electronics and home furnishings on a lease-to-own basis. The primary sales channels include business-to-consumer and business-to-business channels, offering various brands such as Samsung, Sony, and Frigidaire.