FlexShopper obtains forbearance on credit agreement default; draw period extended to Sep 30, 2025

FlexShopper, Inc.

Forbearance on existing default (failure to deliver FY2024 financials) until Sep 30, 2025 or earlier termination.
Draw Period under credit facility extended to Sep 30, 2025; borrower may seek one-year extension.
Continued forbearance requires backup servicing agreement with agent-approved servicer by Sep 30, 2025.
Borrower and guarantor reaffirm obligations and release claims against lender under the credit agreement.

item 1.01item 9.01

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