Friday, December 14, 2018 2:40:47 PM
FlexShopper Reports 52.7% Increase in November Lease Originations
Alert
FlexShopper, Inc. (NASDAQ:FPAY)
Historical Stock Chart
1 Month : From Nov 2018 to Dec 2018
FlexShopper, Inc. (Nasdaq:FPAY) (“FlexShopper” or the “Company”), a leading national online lease-to-own (“LTO”) retailer and LTO payment solution provider, today announced November gross lease originations were $9.2 million, an increase of 52.7% from $6.0 million during the same period in 2017. Cumulative gross lease originations for the eleven months ended November 30, 2018 were $44.9 million representing a 51.6% increase from $29.6 million in the same period in 2017.
Management Commentary
Brad Bernstein, CEO, stated, “We are having a great holiday season with all channels contributing from our direct to consumer marketplace, flexshopper.com, to our B2B retail channel.”
Brad Bernstein will present at the 11th annual LD Micro Main Event in Bel-Air, California. The Company's presentation will take place on Wednesday, December 5, 2018 from 11:30 AM-12:00 PM Pacific Time. A live webcast of the presentation will be available at http://wsw.com/webcast/ldmicro15/fpay/ and on the Investor Relations section of the Company’s website at:
http://investors.flexshopper.com/phoenix.zhtml?c=217421&p=irol-calendar
The Company will update investors on its progress in 2018 and investors attending the conference will also have an opportunity to meet with the Company one-on-one to learn more about the Company's business.
About FlexShopper
FlexShopper is a leader in the virtual lease-to-own (“LTO”) market, which represents transactions occurring outside of traditional brick and mortar rent-to-own stores. Since December 2013, we have developed a business that provides brand name electronics, home furnishings and other durable goods to consumers on an LTO basis through an e-commerce marketplace and patented LTO payment method. FlexShopper also provides LTO technology platforms to retailers and e-retailers to facilitate transactions with consumers who want to acquire their products, but do not have sufficient cash or credit. FlexShopper approves consumers utilizing its proprietary consumer screening model, collects from consumers under an LTO contract and funds the LTO transactions by paying merchants for the goods.
BIGAROW
Recent FPAY News
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 09/09/2024 08:02:43 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/09/2024 08:01:46 PM
- FlexShopper Partners with Versatile Credit to Expand Merchant Opportunities • GlobeNewswire Inc. • 09/09/2024 12:00:27 PM
- FlexShopper to Present at H.C. Wainwright’s 26th Annual Global Investor Conference • GlobeNewswire Inc. • 09/05/2024 12:00:17 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 08/29/2024 09:01:52 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/26/2024 09:29:19 PM
- FlexShopper Partners with Terrace Finance to Expand Merchant Opportunities • GlobeNewswire Inc. • 08/26/2024 12:00:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/20/2024 10:07:22 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 09:08:07 PM
- FlexShopper Partners with PayTomorrow to Enhance Consumer Payment Options • GlobeNewswire Inc. • 08/19/2024 12:00:01 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/15/2024 09:52:58 PM
- FlexShopper, Inc. Reports 2024 Second-Quarter Financial Results • GlobeNewswire Inc. • 08/06/2024 08:05:48 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/06/2024 08:02:04 PM
- FlexShopper, Inc. Schedules 2024 Second Quarter Financial Results Conference Call • GlobeNewswire Inc. • 08/05/2024 08:05:24 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/17/2024 09:18:03 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/11/2024 09:41:17 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/07/2024 08:01:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:01:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/22/2024 09:32:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/20/2024 08:09:18 PM
- FlexShopper, Inc. Reports 2024 First Quarter and Year End Financial Results • GlobeNewswire Inc. • 05/13/2024 08:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/13/2024 08:05:14 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/13/2024 08:02:03 PM
- FlexShopper, Inc. Reports 2023 Fourth Quarter and Year End Financial Results • GlobeNewswire Inc. • 04/01/2024 08:30:00 PM
- FlexShopper, Inc. Schedules 2023 Fourth Quarter and Year End Financial Results Conference Call • GlobeNewswire Inc. • 03/27/2024 08:41:48 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM