CreditRiskMonitor is a financial risk analysis and news service for credit, supply chain and financial professionals.  Our strength in coverage spans 58,000 global public companies, totaling about $70 trillion in corporate revenue.  We also offer solutions that can help ease private company financial risk assessment.  Leading corporations around the world – including more than 35% of the Fortune 1000, plus thousands more worldwide – rely on us to help them stay ahead of financial risk quickly, accurately and cost-effectively. 

A partial report preview for FlexShopper Inc is shown below.  Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database.  To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today.

If you are already a subscriber and want to access the full report, click here.

FlexShopper Inc
901 Yamato Road, Suite 260
Phone: (561) 367-1504p:561 367-1504 BOCA RATON, FL  33431  United States Ticker: FPAYFPAY
Filed for Bankruptcy on 12/22/2025
Case #25-12254, filed in the U.S. Bankruptcy Court for the District of Delaware
On July 30, 2025, the Board of Directors of FlexShopper Inc, after consultation with its independent forensic investigations firm and Grant Thornton LLP, concluded that the following previously issued financial statements of the Company should no longer be relied upon: (i) the company’s audited consolidated financial statements for the fiscal years ended December 31, 2022 and 2023, (ii) the company’s unaudited consolidated financial statements for the three and six months ended June 30, 2022, (iii) the company’s unaudited consolidated financial statements for the three and nine months ended September 30, 2022, (iv) the company’s unaudited consolidated financial statements for the three months ended March 31, 2023, (v) the company’s unaudited consolidated financial statements for the three and six months ended June 30, 2023, (vi) the company’s unaudited consolidated financial statements for the three and nine months ended September 30, 2023, (vii) the company’s unaudited consolidated financial statements for the three months ended March 31, 2024, (viii) the company’s unaudited consolidated financial statements for the three and six months ended June 30, 2024, and (ix) the company’s unaudited consolidated financial statements for the three and nine months ended September 30, 2024. The investigation relates to alleged forged documents provided by certain officers and employees of the company to Grant Thornton LLP in support of the company’s 2024 audit, and to other alleged misrepresentations. The independent investigation is ongoing and, therefore, the Company has not fully completed its review of the factual matters related to the allegations.
Business Summary
FlexShopper Inc. is a financial technology company specializing in lease-to-own (LTO) and lending solutions for underserved consumers across the United States. The Company provides flexible payment options through its direct marketplace at FlexShopper.com and partners with retailers across online and physical store locations. The Company offers technology that enables the traditional retailer to offer their services and/or products to a demographic they weren’t previously able to target, the subprime consumer. It provides an opportunity to obtain ownership of durable products, such as consumer electronics, home appliances, computers (including tablets and wearables), smartphones, tires, jewelry and furniture (including accessories), under affordable payment LTO purchase agreements with no long-term obligation. The Company's primary sales channels include business-to-consumer and business-to- business channels.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/202412/31/2023YesYesYes-Yes

Industries
SIC Code Description
6099 Functions related to depository banking, not elsewhere classified
6153 Short-term business credit institutions, except agricultural

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chairman of the Board Howard S.Dvorkin 59 3/11/2019 12/1/2018
Chief Restructuring Officer Matthew A.Doheny 54 8/11/2025 8/11/2025
Independent Director James D.Allen 66 2/18/2016 2/18/2016

Subsidiaries
Business Name Address City State/Province Country
FlexShopper, LLC 901 Yamato Road Boca Raton FL United States

Business Names
Business Name
AFNG
Anchor Funding Services Inc.
Anchor Funding Services, LLC
15 additional Business Names available in full report.

General Information
Number of Employees: 204 (As of 12/31/2023)
Outstanding Shares: 24,611,029 (As of 12/31/2024)
Shareholders: 124
Stock Exchange: OTC
Federal Tax Id: 205456087
Fax Number: (302) 636-5454


Copyright © 2026 CreditRiskMonitor.com (Ticker: CRMZ). All rights reserved.     
By using this website, you accept the Terms of Use Agreement.
Tuesday, February 3, 2026