FlexShopper Inc. Partners With United Wheels Inc. to Enhance Lease-to-Own Financing Options for Outdoor Products
FlexShopper Inc. Partners With United Wheels Inc. to Enhance Lease-to-Own Financing Options for Outdoor Products
FlexShopper's lease-to-own options have shown to increase sales by over 10% for retailers focusing on durable goods.FlexShopper partners with United Wheels to enhance lease-to-own financing options, boosting sales across outdoor brands' e-commerce platforms.
flexshopper与联合车轮合作，增强租购融资选项，促进户外品牌电子商务平台的销售。
Quiver AI Summary
Quiver AI 概要
FlexShopper Inc., a lease-to-own retailer, has announced a strategic partnership with United Wheels Inc., which owns several outdoor brands such as Huffy and Niner Bikes. This collaboration, facilitated by FlexShopper's relationship with financing platform PayPossible, aims to integrate lease-to-own options across United Wheels' e-commerce sites to boost sales. FlexShopper's experience shows that offering these financing options can increase sales by over 10% for retailers in durable goods. The partnership will not only enhance online sales but also expand FlexShopper's product offerings through United Wheels' innovative bicycle brands. CEO Russ Heiser highlighted that this initiative represents a significant step in providing affordable financing solutions and underscores FlexShopper's commitment to expanding its network with both online and brick-and-mortar retailers.
flexshopper公司是一家租购零售商，已与联合车轮公司宣布建立战略合作伙伴关系，联合车轮拥有包括Huffy和Niner Bikes在内的多个户外品牌。这一合作关系是通过flexshopper与融资平台PayPossible的联系促成的，旨在将租购选项整合到联合车轮的电子商务网站上，以促进销售。flexshopper的经验表明，为耐用消费品的零售商提供这些融资选项可以使销售额增加超过10%。此次合作不仅将提高在线销售，还将通过联合车轮创新的自行车品牌扩展flexshopper的产品供应。首席执行官Russ Heiser强调，这项倡议代表了提供可负担融资解决方案的重要一步，并凸显了flexshopper在加强与线上和实体零售商网络关系方面的承诺。
Potential Positives
潜在的积极因素
- FlexShopper has formed a strategic partnership with United Wheels Inc., a significant player in the outdoor industry, which could enhance brand visibility and market reach.
- The integration of FlexShopper's lease-to-own financing options across United Wheels' e-commerce platforms is expected to drive higher online sales and provide consumers with flexible payment solutions.
- The partnership aligns with FlexShopper's mission to serve credit underserved consumers, expanding its offering and potentially increasing customer base and sales volume.
- FlexShopper's inclusion of United Wheels' extensive product range in its marketplace enhances the variety of options available to consumers, supporting growth in its direct-to-consumer model.
- flexshopper与联合车轮公司建立了战略合作伙伴关系，联合车轮是户外行业的重要参与者，这可能增强品牌知名度和市场覆盖率。
- flexshopper的租购融资选项在联合车轮的电子商务平台上的整合预计将推动更高的在线销售，并为消费者提供灵活的支付解决方案。
- 此次合作与flexshopper致力于服务信用不足消费者的使命相一致，扩大了其产品供应，并有可能增加客户基础和成交量。
- flexshopper将联合车轮的广泛产品范围纳入其市场，增强了消费者可用选项的多样性，支持其直接面向消费者的业务模型的增长。
Potential Negatives
潜在负面影响
- Partnership details with United Wheels may raise concerns about FlexShopper's financial stability and reliance on external partnerships for growth, highlighting potential vulnerabilities in its business model.
- The focus on underserved credit consumers may indicate that FlexShopper is catering to a market with increased risk, potentially leading to higher default rates and affecting revenue stability.
- Absence of specific financial performance metrics or projections in the press release could suggest uncertainty about the anticipated impact of this partnership on FlexShopper's overall business health.
- 与联合车轮的合作细节可能引发对flexshopper财务稳定性和对外部合作伙伴关系依赖的担忧，突出其业务模型中的潜在脆弱性。
- 专注于服务不足的信用消费者可能表明flexshopper正在满足一个具有更高风险的市场，这可能导致更高的违约率，并影响营业收入的稳定性。
- 新闻稿中缺乏具体的财务绩效指标或预测可能暗示对这一合作伙伴关系对flexshopper整体业务健康预期影响的不确定性。
FAQ
常见问题
What is the new partnership between FlexShopper and United Wheels?
flexshopper与联合车轮之间的新合作关系是什么？
FlexShopper has formed a strategic partnership with United Wheels to integrate lease-to-own financing options across their e-commerce platforms.
flexshopper与United Wheels建立了战略合作伙伴关系，以在其电子商务平台上整合租赁转购融资选项。
How does FlexShopper's LTO option benefit retailers?
flexshopper的LTO选项如何使零售商受益？
FlexShopper's lease-to-own options have shown to increase sales by over 10% for retailers focusing on durable goods.
flexshopper的租赁转购选项已被证明能使专注于耐用品的零售商销售额增加超过10%。
What brands are included in the United Wheels portfolio?
United Wheels的产品组合中包含哪些品牌？
The United Wheels portfolio includes popular brands like Huffy, Niner Bikes, Batch Bicycles, VAAST Bikes, and Buzz E-Bikes.
United Wheels的产品组合包括如Huffy、Niner Bikes、Batch Bicycles、VAASt Bikes和Buzz E-Bikes等知名品牌。
How will this partnership impact consumer access to financing?
这项合作关系将如何影响消费者获取融资的途径？
The partnership will enhance consumer access to flexible financing options for a broader range of outdoor products.
此次合作将增强消费者获取更广泛户外产品的灵活融资选项的能力。
What is FlexShopper's mission with this partnership?
flexshopper与此次合作的使命是什么？
FlexShopper aims to provide affordable payment options to underserved consumers while expanding its presence with various retailers.
flexshopper旨在为服务不足的消费者提供实惠的支付期权，同时扩大与各种零售商的合作。
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
免责声明：这是由GlobeNewswire分发的新闻稿的人工智能生成摘要。用于总结这份稿件的模型可能会出错。请在这里查看完整发布。
$FPAY Insider Trading Activity
$FPAY内部交易活动
$FPAY insiders have traded $FPAY stock on the open market 17 times in the past 6 months. Of those trades, 17 have been purchases and 0 have been sales.
$FPAY内部人士在过去6个月内在公开市场交易了$FPAY股票17次。其中17次为购买，0次为销售。
Here's a breakdown of recent trading of $FPAY stock by insiders over the last 6 months:
以下是$FPAY股票在过去6个月内的内部人士最近交易情况：
- HOWARD DVORKIN has traded it 17 times. They made 17 purchases, buying 221,613 shares and 0 sales.
- HOWARD DVORKIN交易了17次。他们进行了17次购买，购买了221,613股，0次出售。
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
要跟踪内部交易，请查看Quiver Quantitative的内部交易特斯拉-仪表。
$FPAY Hedge Fund Activity
$FPAY对冲基金活动
We have seen 5 institutional investors add shares of $FPAY stock to their portfolio, and 14 decrease their positions in their most recent quarter.
我们看到5家机构投资者在最近一个季度增持了$FPAY股票，14家减少了他们的持仓。
Here are some of the largest recent moves:
以下是一些最近最大的交易动态：
- WATERFALL ASSET MANAGEMENT, LLC added 1,629,547 shares (+inf%) to their portfolio in Q3 2024
- M HOLDINGS SECURITIES, INC. removed 287,000 shares (-100.0%) from their portfolio in Q3 2024
- PERKINS CAPITAL MANAGEMENT INC removed 255,014 shares (-40.9%) from their portfolio in Q3 2024
- UBS GROUP AG removed 45,923 shares (-30.5%) from their portfolio in Q3 2024
- BENCHMARK FINANCIAL WEALTH ADVISORS, LLC removed 34,001 shares (-15.2%) from their portfolio in Q3 2024
- RENAISSANCE TECHNOLOGIES LLC removed 29,878 shares (-13.5%) from their portfolio in Q3 2024
- CITADEL ADVISORS LLC removed 29,579 shares (-100.0%) from their portfolio in Q3 2024
- WATERFALL 资产管理公司在2024年第三季度增持了1,629,547股（+inf%）至他们的投资组合。
- m HOLDINGS SECURITIES, INC.在2024年第三季度从他们的投资组合中移除了287,000股（-100.0%）。
- PERKINS CAPITAL 资产管理公司在2024年第三季度从他们的投资组合中移除了255,014股（-40.9%）。
- 瑞银集团在2024年第三季度从他们的投资组合中移除了45,923股（-30.5%）。
- BENCHMARK金融财富顾问公司在2024年第三季度从他们的投资组合中移除了34,001股（-15.2%）。
- RENAISSANCE TECHNOLOGIES LLC在2024年第三季度从他们的投资组合中移除了29,878股（-13.5%）。
- CITADEL ADVISORS LLC 在2024年第三季度从他们的投资组合中移除了29,579股（-100.0%）
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
要追踪对冲基金的股票组合，请查看Quiver Quantitative的机构持股仪表板。
Full Release
全面发布
BOCA RATON, Fla., Dec. 04, 2024 (GLOBE NEWSWIRE) -- FlexShopper Inc. (Nasdaq: FPAY), a leading national lease-to-own (LTO) retailer and payment solutions provider, is excited to announce an exclusive strategic partnership with United Wheels Inc., a global holding company for a portfolio of outdoor brands, including Huffy, Niner Bikes, Batch Bicycles, VAAST Bikes, and Buzz E-Bikes. This partnership is made possible through FlexShopper's growing relationship with PayPossible, a premier financing waterfall platform, which efficiently integrates FlexShopper's financing options across United Wheels' family of websites.
佛罗里达州博卡拉特昂，2024年12月4日（环球新闻稿）-- flexshopper公司（纳斯达克：FPAY），一家领先的国家性租赁购买（LTO）零售商和支付解决方案提供商，欣然宣布与United Wheels公司建立独家战略合作伙伴关系。United Wheels是一家全球控股公司，拥有包括Huffy、Niner Bikes、Batch Bicycles、VAASt Bikes和Buzz E-Bikes在内的户外品牌组合。这一合作关系得益于flexshopper与PayPossible日益密切的关系，PayPossible是一个高级融资平台，能够有效整合flexshopper的融资选项到United Wheels的多个网站中。
Through competitive benchmarking, FlexShopper believes that offering lease-to-own options significantly increases sales for retailers focused on durable goods. In fact, FlexShopper has observed an increase of more than 10% in the balance of sale when LTO options are provided to its partners. This track record is a key driver for FlexShopper's ongoing expansion of partnerships with prominent online and brick-and-mortar retailers that want to expand sales with credit underserved consumers.
通过竞争基准测试，flexshopper相信，提供租赁购买期权可以显著增加专注于耐用品的零售商的销售。实际上，flexshopper观察到，当向其合作伙伴提供LTO选项时，销售余额增加超过10%。这一业绩记录是flexshopper持续扩展与希望通过信用服务不足消费群体提高销售的知名在线和实体零售商合作伙伴关系的关键驱动因素。
United Wheels is a global leader in the outdoor industry, shipping over 5 million bicycles annually to more than 50 countries, generating approximately $1 billion in revenue each year. The company's portfolio includes brands known for innovation, quality, and style, offering bicycles for every member of the family.
United Wheels是户外行业的全球领导者，每年向50多个国家运送超过500万辆自行车，年营业收入约为10亿美元。该公司的品牌组合以创新、质量和风格而闻名，为家庭中的每个成员提供自行车。
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Huffy, a household name in bicycles, has been synonymous with cycling fun since 1892.
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Batch Bicycles offers affordable, easy-to-assemble bikes for casual riders.
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Buzz E-Bikes provides mid-range electric bikes designed for comfort and ease.
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VAAST Bikes features cutting-edge SUPER MAGNESIUM technology for exceptional durability and performance.
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Niner Bikes revolutionized the mountain bike segment with its innovative designs, particularly focusing on 29-inch wheels.
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Huffy，作为自行车的家喻户晓的名字，自1892年以来一直与骑行乐趣密切相关。
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Batch Bicycles提供经济实惠、易于组装的自行车，适合休闲骑行者。
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Buzz E-Bikes提供中档电动自行车，旨在提供舒适和便利。
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VAASt Bikes采用先进的超级镁技术，提供卓越的耐用性和性能。
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Niner Bikes以其创新设计彻底改变了山地自行车行业，特别关注29英寸轮子。
By integrating FlexShopper's LTO financing options across United Wheels' e-commerce sites, the partnership is expected to drive higher online sales while providing consumers with seamless access to flexible financing. In addition, FlexShopper's addition of the entire United Wheels product range to its LTO marketplace will offer even more choices for FlexShopper's growing customer base.
通过在United Wheels的电子商务网站上整合flexshopper的LTO融资期权，预计该合作伙伴关系将推动在线销售的增长，同时为消费者提供无缝的灵活融资选择。此外，flexshopper将整个United Wheels产品区间纳入其LTO市场，也将为flexshopper日益增长的客户基础提供更多选择。
"FlexShopper is thrilled to partner with PayPossible to enhance financing solutions across a broader retail network," said Russ Heiser, CEO of FlexShopper. "The launch of our LTO services with United Wheels represents a major milestone in our mission to provide affordable payment options to customers nationwide. This expansion highlights our commitment to growing FlexShopper's presence with both brick-and-mortar and online retailers and emphasizes the value we bring to consumers."
“flexshopper很高兴与PayPossible合作，增强更广泛零售网络中的融资解决方案，”flexshopper的首席执行官Russ Heiser表示。“我们与United Wheels的LTO服务启动是我们为全国客户提供经济实惠付款选项的使命中的一个重要里程碑。此次扩展凸显了我们在实体店和在线零售商中增强flexshopper影响力的承诺，并强调了我们为消费者带来的价值。”
Heiser continued, "By adding United Wheels' inventory to our direct-to-consumer LTO marketplace at FlexShopper.com, we are giving our consumers even more options. This partnership exemplifies the power of the FlexShopper ecosystem, where accessible financing drives significant growth for manufacturers, while bringing their products to an even wider audience through FlexShopper's platform."
Heiser继续说道：“通过将United Wheels的库存添加到我们在flexshopper.com上的直接面向消费者的LTO市场，我们为我们的消费者提供了更多的期权。这一合作伙伴关系典范了flexshopper生态系统的力量，其中可获得的融资为制造商带来了显著增长，同时通过flexshopper的平台将他们的产品带给更广泛的受众。”
About PayPossible:
PayPossible is a leading financing waterfall provider, enabling businesses to offer consumers a variety of financing and flexible payment options through a single application at the point of sale. PayPossible's technology connects consumers with the best financing offers for their unique credit profiles, optimizing the customer experience and boosting merchant sales.
关于PayPossible：
PayPossible是一家领先的融资瀑布提供商，使企业能够通过销售点的单一申请为消费者提供多种融资和灵活支付期权。PayPossible的科技连接消费者与最适合其独特信用档案的融资方案，优化客户体验并促进商家销售。
About FlexShopper, Inc.:
FlexShopper Inc. (Nasdaq: FPAY) is a financial technology company specializing in lease-to-own (LTO) and lending solutions for underserved consumers across the U.S. FlexShopper provides flexible payment options through its direct marketplace at FlexShopper.com and partners with retailers across online and physical store locations.
关于FlexShopper, Inc.:
FlexShopper Inc.（纳斯达克：FPAY）是一家金融科技公司，专注于为美国弱势消费者提供租赁购（LTO）和融资解决方案。FlexShopper通过其在flexshopper.com上的直接市场提供灵活的支付期权，并与线上和实体店的零售商合作。
Company
Contact:
FlexShopper, Inc.
Investor Relations
ir@flexshopper.com
公司
联系方式：
FlexShopper, Inc.
投资者关系
ir@flexshopper.com
Investor
and
Media
Contact
Andrew Berger
Managing Director
SM Berger & Company, Inc.
Tel (216) 464-6400
andrew@smberger.com
投资者
和
媒体
联系方式
安德鲁·伯杰
常务董事
Sm Berger & 公司，Inc。
电话（216）464-6400
andrew@smberger.com
Source: FlexShopper, Inc.
来源：flexshopper公司。
