Flexible Funding Seeks Chapter 11 Bankruptcy Protection
The Wall Street Journal reported that San Francisco-based Flexible Funding is taking steps to enter Chapter 11 bankruptcy protection.
According to the Wall Street Journal, the company, which has been a member of the International Factoring Association since 2011, currently holds $110 million in its portfolio.
According to FreightWaves, Flexible Funding’s subsidiary, InstaPay, is included in the Chapter 11 filing.