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v3.21.1

Loan Payable Under Credit Agreement (Tables) | 3 Months Ended
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Mar. 31, 2021
Loan Payable Disclosure [Abstract] |
Schedule of covenant requirements, and flexshopper's actual results |
|  | March 31, 2021 |
|  | Required Covenant |  |  | Actual Position |
Equity Book Value not less than |  | $ | 8,000,000 |  |  | $ | 11,761,381 |
Liquidity greater than |  |  | 1,500,000 |  |  |  | 6,315,815 |
Cash greater than |  |  | 500,000 |  |  |  | 6,315,815 |
Consolidated Total Debt to Equity Book Value ratio not to exceed |  |  | 5.25 |  |  |  | 3.70 |

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- Definition Schedule of covenant requirements, and FlexShopper’s actual results. + References No definition available. + Details
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