---
title: "FlexShopper Enters Forbearance and Amendments to Credit Agreement With Basepoint, Secures Extended Loan Access Through October 2025"
description: "FlexShopper Inc. has entered into a Forbearance and Sixth Amendment to its Credit Agreement with BP Fundco, LLC, extending loan access through October 2025. The agreement allows Basepoint to forbear f"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/259933160.md"
published_at: "2025-10-03T21:01:21.000Z"
---

# FlexShopper Enters Forbearance and Amendments to Credit Agreement With Basepoint, Secures Extended Loan Access Through October 2025

> FlexShopper Inc. has entered into a Forbearance and Sixth Amendment to its Credit Agreement with BP Fundco, LLC, extending loan access through October 2025. The agreement allows Basepoint to forbear from exercising remedies related to certain defaults and permits over-advances of up to $750,000. This support is intended for Flex Revolution's operations until an Article 9 UCC Sale of collateral on October 24, 2025, after which the subsidiary will cease operations or have its obligations assumed by the purchaser.

FlexShopper Inc. Announces Amendment to Credit Agreement with BP Fundco, LLC FlexShopper Inc. announced that on September 30, 2025, it entered into a Forbearance and Sixth Amendment to its existing Credit Agreement with BP Fundco, LLC (Basepoint), through its wholly owned subsidiary, Flex Revolution, LLC. Under the amended terms, Basepoint has agreed to continue to forbear from exercising remedies related to certain defaults by Flex Revolution-including failures to deliver financial statements and maintain required liquidity-through October 27, 2025, or until other specified conditions are triggered. The amendment also extends the period during which Flex Revolution can draw on the credit facility and allows for over-advances of up to $750,000, subject to specific conditions and repayment terms. Basepoint is providing these additional funds to support Flex Revolution’s operations until an Article 9 UCC Sale of collateral scheduled for October 24, 2025. Following this sale, Flex Revolution’s remaining obligations under the agreement will either be assumed by the purchaser or extinguished, and the subsidiary will cease operations. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FlexShopper Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-096170), on October 03, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.