FlexShopper

FPAY NASDAQ
1.620
+0.020
+1.25%
Opening 09:56 08/21 EDT
Open
1.640
Prev Close
1.600
High
1.670
Low
1.610
Volume
11.27K
Avg Vol (3M)
182.11K
52 Week High
3.410
52 Week Low
0.6600
% Turnover
0.06%
Market Cap
28.62M
1D
5D
1M
3M
1Y
5Y

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Company Profile

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.
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