FlexShopper Inc. Negotiates Limited Forbearance Amidst Credit Agreement Defaults
Reuters
Aug 19
FlexShopper Inc. Negotiates Limited Forbearance Amidst Credit Agreement Defaults
FlexShopper Inc. is currently in the process of addressing its financial challenges by exploring long-term solutions for its financing needs. On August 18, 2025, FlexShopper 2, LLC, a wholly-owned subsidiary of the company, along with FlexShopper, LLC, entered into a Limited Forbearance and Reaffirmation with the Administrative Agent in relation to their existing Credit Agreement. This follows a Notice of Events of Default due to misrepresentations concerning financial statements. The company is actively working with its creditors to navigate through this period and stabilize its financial standing.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FlexShopper Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-078003), on August 18, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.