<a href="https://laohu8.com/S/FPAY">FlexShopper Inc</a>. Faces Loan Acceleration After Amendments to Waterfall Credit Agreement; $164.5 Million Principal Now Immediately Due
**FlexShopper Inc. Faces Loan Acceleration Following Credit Agreement Amendments** FlexShopper Inc. announced it has received a formal notice of default and loan acceleration from Powerscourt Investments 50, LP, an affiliate of Waterfall Asset Management, LLC, acting as administrative agent under the company's existing credit agreement. The original Waterfall Credit Agreement, entered into on March 27, 2024, by FlexShopper 2, LLC, had since been amended three times, with the latest amendment dated August 18, 2025. On September 25, 2025, the administrative agent declared all outstanding obligations under the agreement-totaling over $164 million in principal plus accrued interest, fees, and legal costs-to be immediately due and payable, citing continuing events of default. The agent also terminated FlexShopper, LLC's rights as servicer and suspended further lending under the agreement. FlexShopper had previously entered a limited forbearance agreement with lenders on August 16, 2025, but that period has now expired. The company is evaluating its options in response to the acceleration notice and is in discussions with its stakeholders.
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