FlexShopper Inc (FPAY) Ganando

FlexShopper, Inc. is a financial technology company, which engages in the provision of electronics, home furnishings, and other durable goods to underserved consumers on a lease-to-own (LTO) basis through its patented e-commerce marketplace. The company is headquartered in Boca Raton, Florida. The company went IPO on 2007-12-12. The firm provides flexible payment options through its direct marketplace at FlexShopper.com and partners with retailers across online and physical store locations. The firm offers technology that enables the traditional retailer to offer their services and/or products to a demographic they weren’t previously able to target, the subprime consumer. The company provides an opportunity to obtain ownership of durable products, such as consumer electronics, home appliances, computers (including tablets and wearables), smartphones, tires, jewelry and furniture (including accessories), under affordable payment LTO purchase agreements with no long-term obligation. The firm's primary sales channels include business-to-consumer and business-to- business channels.