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Loan Payable Under Credit Agreement (Tables)

9 Months Ended

Sep. 30, 2019

Debt Disclosure [Abstract]

Schedule of covenant requirements, and FlexShopper's actual results

		September 30, 2019
		Required Covenant				Actual Position
Equity Book Value not less than		$	8,000,000			$	10,628,126
Unrestricted Cash greater than			1,500,000				3,172,362
Consolidated Total Debt to Equity Book Value ratio not to exceed			4.75				2.39

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Schedule of covenant requirements, and FlexShopper’s actual results.

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