| Market Capitalization (Millions $) |
30 |
| Shares
Outstanding (Millions) |
22 |
| Employees |
204 |
| Revenues (TTM) (Millions $) |
135 |
| Net Income (TTM) (Millions $) |
2 |
| Cash Flow (TTM) (Millions $) |
2 |
| Capital Exp. (TTM) (Millions $) |
9 |
Flexshopper Inc
Flexshopper Inc is a leading lease-to-own marketplace that provides consumers with the opportunity to acquire high-quality durable goods through affordable weekly, bi-weekly or monthly payments. The company's platform includes an incredibly large selection of brand name and insured products ranging from electronics, furniture, appliances, tires, and jewelry, among others.
Flexshopper Inc was founded in 2003 by a visionary entrepreneur, Michael Fridman, with a goal of creating an e-commerce platform that could allow individuals to purchase goods that they could not otherwise afford through traditional payment methods. The company went public in 2015 and its shares are currently listed on Nasdaq.
The company's innovative business model provides a lease-to-own program with little to no credit requirements, making it an excellent choice for people who would otherwise not qualify for financing. The platform operates through a network of physical and online retail partners, including Walmart, Amazon, and BestBuy, among others. Customers can easily browse and shop for products on the website or through the mobile app, then choose their repayment amount and duration, depending on their budget.
Flexshopper Inc's robust technology platform enables flexible payment solutions; the system's automated underwriting tools consider various buying criteria to approve lease applications and come up with repayment plans that would best suit the customer. Its acquisition of technology from Zibby in 2019 has also helped to streamline the approval process, enabling a faster turnaround time.
The company enjoys a broad customer base, with thousands of satisfied lease-to-own clients around the United States. The consumer-oriented business model has enabled the company to cater to diverse segments of customers interested in acquiring products such as electronics, appliances, and furniture, among others, through budget-friendly payment plans.
In conclusion, Flexshopper Inc is an innovative, customer-oriented, e-commerce platform that provides a lease-to-own marketplace. The company offers an extensive selection of quality products, flexible payment plans, and a user-friendly interface. Flexshopper remains committed to providing high-quality products through affordable payment plans to help people acquire the goods they need to enjoy life.
Company Address: 901 Yamato Road Boca Raton 33431 FL
Company Phone Number: 353-9289 Stock Exchange / Ticker: NASDAQ FPAY
|
6.65%