FlexShopper amends credit agreement for interim working capital financing from Powerscourt

FlexShopper, Inc.

On August 18, 2025, FlexShopper 2, LLC amended its Credit Agreement and Fee Letter with Powerscourt Investments 50, LP, as administrative agent and lender.
The amendment allows the Administrative Agent to provide interim financing to fund immediate working capital requirements.
New defined term 'Permitted Rescue Financing' added for debt financing provided by Administrative Agent, Lender or related funds with approval.
Advance rates for certain leases and retail loans transferred on August 18, 2025 increased to 145%.
Company reaffirmed representations; no Event of Default was continuing after the amendment, though a forbearance was entered August 16, 2025.

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