FlexShopper Inc. Appoints James D. Allen as Board of Director
February 23, 2016 at 03:15 am IST
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Effective February 18, 2016, the Board of Directors of FlexShopper, Inc. approved the appointment of James D. Allen to fill a vacancy on the Company's Board of Directors. Mr. Allen currently serves as Chief Financial Officer of Hollander Sleep Products, LLC. From July 2003 through November 2014, Mr. Allen served as VP Operations and Group CFO of Sun Capital Partners, a leading global private equity firm with an excess of $10 billion under management.
From August 2008 through September 2014, Mr. Allen was a Partner and Group CFO of London-based Sun European Partners. From July 2002 to July 2003, Mr. Allen was CAO of Mattress Firm, Inc.
FlexShopper, Inc. is a financial technology company that provides payment options to consumers. The Company provides a variety of funding options via lease-purchase solutions and loans. It has several channels, which generate payment options for customers. The Company enables consumers to use its e-commerce marketplace to shop for brand name electronics, home furnishings and other durable goods on a lease-to-own (LTO) basis. It provides an opportunity to obtain ownership of durable products, such as consumer electronics, home appliances, computers (including tablets and wearables), smartphones, tires, jewelry and furniture (including accessories), under affordable payment LTO purchase agreements with no long-term obligation. The Company's primary sales channels include business-to-consumer and business-to- business channels. It offers a range of brands, such as Samsung, Sony and TCL home electronics; Frigidaire, General Electric, Samsung and Whirlpool appliances, and others.