---
title: "FlexShopper Faces Leadership Changes Amid Financial Turmoil"
description: "FlexShopper (FPAY) is facing leadership changes and financial turmoil after receiving a notice of default on its credit agreement with Waterfall Asset Management. Key resignations occurred in Septembe"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/259711506.md"
published_at: "2025-10-01T21:30:36.000Z"
---

# FlexShopper Faces Leadership Changes Amid Financial Turmoil

> FlexShopper (FPAY) is facing leadership changes and financial turmoil after receiving a notice of default on its credit agreement with Waterfall Asset Management. Key resignations occurred in September 2025, indicating instability. The latest analyst rating for FPAY is a Hold with a $1.00 price target. Despite positive revenue growth, the company struggles with profitability and cash flow, leading to a cautious outlook. The stock shows a bearish trend and a market cap of $14.65M.

FlexShopper ( (FPAY) ) has shared an announcement.

FlexShopper, through its subsidiary FlexShopper 2, LLC, is involved in a significant financial development concerning its credit agreement with Waterfall Asset Management. On August 12, 2025, the company received a notice of default under the Waterfall Credit Agreement, leading to a series of financial obligations becoming immediately due. Additionally, several key resignations occurred in late September 2025, including board members and the President and COO, indicating potential instability within the company’s leadership.

The most recent analyst rating on (FPAY) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on FlexShopper stock, see the FPAY Stock Forecast page.

**Spark’s Take on FPAY Stock**

According to Spark, TipRanks’ AI Analyst, FPAY is a Neutral.

The overall stock score for FlexShopper is primarily impacted by its financial performance, which shows positive revenue growth but significant challenges with profitability and cash flow management. Technical analysis indicates a bearish trend, while valuation metrics highlight ongoing losses and a lack of profitability. These factors collectively suggest a cautious outlook for the stock.

To see Spark’s full report on FPAY stock, click here.

**More about FlexShopper**

**Average Trading Volume:** 170,829

**Technical Sentiment Signal:** Sell

**Current Market Cap:** $14.65M

Find detailed analytics on FPAY stock on TipRanks’ Stock Analysis page.

### Related Stocks

- [FPAY.US - Flexshopper](https://longbridge.com/en/quote/FPAY.US.md)
- [FPAYQ.US - FLEXSHOPPER INC](https://longbridge.com/en/quote/FPAYQ.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| FlexShopper Says Steven Varner Resigns As Director, Given Ongoing Matters Relating To Co's Financials And Borrowing From Lenders | Oct 1 (Reuters) - FlexShopper Inc:FLEXSHOPPER: STEVEN G. VARNER RESIGNS AS DIRECTOR, GIVEN ONGOING MATTERS RELATING TO C | [Link](https://longbridge.com/en/news/259710578.md) |
| FlexShopper Inc. Faces Loan Acceleration After Amendments to Waterfall Credit Agreement; $164.5 Million Principal Now Immediately Due | FlexShopper Inc. has received a notice of default and loan acceleration from Powerscourt Investments, declaring over $16 | [Link](https://longbridge.com/en/news/259708565.md) |
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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.