FlexShopper, Inc. (OTCMKTS:FPAYD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 is qualified in its entirety by the full text of the
Investor Rights Agreement, which is filed as Exhibit 10.1 to the
Companys Current Report on Form 8-K filed with the Securities and
Exchange Commission on June 13, 2016.
About FlexShopper, Inc. (OTCMKTS:FPAYD)
FlexShopper, Inc. is a holding company. The Company, through FlexShopper, LLC (FlexShopper), is engaged in the business of providing certain types of durable goods to consumers on a lease-to-own basis and providing lease-to-own (LTO) terms to consumers of third-party retailers and e-tailers. FlexShopper and its online LTO products provide consumers the ability to acquire durable goods, including electronics, computers and furniture on a payment, lease basis. Concurrently, FlexShopper’s model provides e-tailers and retailers an opportunity to upturn their sales by utilizing FlexShopper’s online channels to connect with consumers that want to acquire products on an LTO basis. FlexShopper processes LTO transactions using its LTO Engine. The LTO Engine is FlexShopper’s technology that automates the process of consumers receiving spending limits and entering into leases for durable goods within a few minutes. FlexShopper owns two subsidiaries: FlexShopper 1, LLC and FlexShopper 2, LLC. FlexShopper, Inc. (OTCMKTS:FPAYD) Recent Trading Information
FlexShopper, Inc. (OTCMKTS:FPAYD) closed its last trading session 00.00 at 6.35 with 1,570 shares trading hands.