FlexShopper Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
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CURRENT REPORT ON FORM 8-K
FlexShopper, Inc. (the “Company”)
August 18, 2025
Item 1.01. Entry into a Material Definitive Agreement.
As previously disclosed, on March 27, 2024, the Company, through FlexShopper 2, LLC, its wholly-owned subsidiary (the “Borrower”), entered into a Credit Agreement with Powerscourt Investments 50, LP, an affiliate of Waterfall Asset Management, LLC, as administrative agent (in such capacity, the “Administrative Agent”), Computershare Trust Company, National Association, as paying agent, and various lenders from time to time party thereto, as subsequently amended by Amendment No. 1 to Credit Agreement, dated as of April 9, 2025, and Amendment No. 2 to Credit Agreement, dated as of April 30, 2025, between the Borrower and the Administrative Agent (as amended, supplemented and otherwise modified, the “Credit Agreement”). Additionally, on March 27, 2024, the Borrower entered into a Fee Letter with the Administrative Agent (as amended, supplemented and otherwise modified, the “Fee Letter”).
On August 18, 2025, the Borrower and the Administrative Agent amended the Credit Agreement and the Fee Letter to permit the Administrative Agent to provide interim financing to the Borrower to fund the Company’s immediate working capital requirements.
The foregoing summary is qualified in its entirety by reference to the full text of Amendment No. 3 to Credit Agreement and Amendment No. 1 to Fee Letter, attached as Exhibit 10.1, which is incorporated herein in its entirety.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. The exhibits listed in the following Exhibit Index are filed as part of this current report.
| Exhibit No. | Description | |
| 10.1 | Amendment No. 3 to Credit Agreement and Amendment No. 1 to Fee Letter, dated as of August 18, 2025, between FlexShopper 2, LLC and Powerscourt Investments 50, LP, as administrative agent and as the lender. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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FLEXSHOPPER, INC. | ||
| Date: August 20, 2025 | By: |
/s/ John Davis | |
| Name: | John Davis | ||
| Title: | President and Chief Operating Officer | ||
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