debt
confidence high
sentiment negative
materiality 0.65
FlexShopper extends forbearance on credit facility until Sep 3, 2025
FlexShopper, Inc.
- Administrative agent extended forbearance period under existing Forbearance and Reaffirmation on Aug 22, 2025.
- Forbearance now ends earlier of Sep 3, 2025 or occurrence of additional Event of Default.
- Specified defaults under Credit Agreement and Servicing Agreement remain waived until then.
- Forbearance and Reaffirmation otherwise unchanged from Aug 16, 2025 agreement.
item 1.01