debt
confidence high
sentiment neutral
materiality 0.30
FlexShopper extends draw period on $20M credit facility to July 31, 2025
FlexShopper, Inc.
- Third Amendment to Credit Agreement dated June 7, 2025 extends Draw Period to earliest of July 31, 2025 or termination date.
- Principal balance outstanding under $20M facility due June 7, 2026; interest rate unchanged at 13.42%.
- Borrowers may seek to further extend Draw Period by an additional one year.
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