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v3.22.2.2

Loan Payable Under Credit Agreement (Tables) | 9 Months Ended
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Sep. 30, 2022
Loan Payable Disclosure Abstract |
Schedule of covenant requirements, and flexshopper's actual results |
|  | September 30, 2022 |
|  | Required Covenant |  |  | Actual Position |
Equity Book Value not less than |  | $ | 9,636,387 |  |  | $ | 23,082,979 |
Liquidity greater than |  |  | 1,500,000 |  |  |  | 5,274,219 |
Cash greater than |  |  | 500,000 |  |  |  | 5,756,086 |
Consolidated Total Debt to Equity Book Value ratio not to exceed |  |  | 5.25 |  |  |  | 3.86 |

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