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
- 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
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 12:51:59 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/04/2024 12:49:54 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/02/2024 09:01:48 PM
- FlexShopper, Inc. Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 11/14/2023 09:30:00 PM
- FlexShopper, Inc. Schedules 2023 Third Quarter Financial Results Conference Call • GlobeNewswire Inc. • 11/10/2023 09:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/01/2023 08:02:04 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/11/2023 08:05:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 11:38:32 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 10:42:43 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 10/03/2023 10:37:08 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/22/2023 08:50:39 PM
- FlexShopper, Inc. Reports Second Quarter 2023 Financial Results • GlobeNewswire Inc. • 08/14/2023 08:30:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/14/2023 08:02:33 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/14/2023 08:01:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2023 09:52:38 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2023 09:52:11 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2023 09:51:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/10/2023 09:51:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/03/2023 08:01:15 PM
- FlexShopper, Inc. Announces regained compliance with Nasdaq’s Minimum Bid Price Requirement • GlobeNewswire Inc. • 06/01/2023 08:32:07 PM
- FlexShopper, Inc. Announces Share Repurchase Program • GlobeNewswire Inc. • 05/22/2023 08:30:00 PM
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM