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.

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