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Document and Entity Information	3 Months Ended
Document and Entity Information	Mar. 31, 2015 shares
Document and Entity Information [Abstract]
Entity Registrant Name	FlexShopper, Inc.
Entity Central Index Key	0001397047
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Type	10-Q
Document Period End Date	Mar. 31, 2015
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2015
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding	52,015,322

Consolidated Balance Sheets - USD ($)	Mar. 31, 2015	Dec. 31, 2014
Current assets
Cash	$ 10,181,974	$ 2,883,349
Accounts receivable	168,441	128,834
Prepaid expenses	177,873	112,074
Lease merchandise, net	4,032,448	4,241,918
Assets of discontinued operations		6,500
Total current assets	14,560,736	7,372,675
PROPERTY AND EQUIPMENT, net	1,169,701	1,051,697
OTHER ASSETS:
Intangible assets - patent costs	25,723	26,492
Security deposits	55,003	55,003
Total other assets	80,726	81,495
Total Assets	15,811,163	8,505,867
Current liabilities:
Accounts payable	989,363	836,792
Accrued payroll and related taxes	219,828	131,596
Accrued expenses	204,199	197,584
Loans payable to shareholder		1,000,000
Liabilities of discontinued operations		7,626
Total current liabilities	1,413,390	2,173,598
Loan payable, net of $1,121,730 of unamortized issuance costs	897,833
Total liabilities	2,311,223	2,173,598
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS' EQUITY
Preferred Stock, $0.001 par value- authorized 10,000,000 shares, issued and outstanding 342,219 in 2015 and 2014 at $5.00 stated value	1,711,095	1,711,095
Common stock, $0.0001 par value- authorized 65,000,000 shares issued and outstanding 52,015,322 in 2015 and 35,015,322 in 2014	5,202	3,502
Additional paid in capital	23,073,127	14,513,433
Accumulated deficit	(11,289,484)	(9,895,761)
Total stockholders' equity	13,499,940	6,332,269
Total Liabilities and Stockholder's Equity	$ 15,811,163	$ 8,505,867

Consolidated Balance Sheets (Parentheticals) - USD ($)	Mar. 31, 2015	Dec. 31, 2014
Statement Of Financial Position [Abstract]
Unamortized issuance costs	$ 1,121,730
Preferred stock, par value or stated value	$ 0.001	$ 5.00
Preferred stock, shares authorized	10,000,000	10,000,000
Preferred stock, shares issued	342,219	342,219
Preferred stock, shares outstanding	342,219	342,219
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	65,000,000	65,000,000
Common stock, shares issued	52,015,322	35,015,322
Common stock, shares outstanding	52,015,322	35,015,322

Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Revenues:
Lease revenues and fees	$ 3,606,325	$ 99,243
Lease merchandise sold	165,508	4,678
Total revenues	3,771,833	103,921
Costs and expenses:
Cost of lease revenues, consisting of depreciation and impairment of lease merchandise	2,182,540	48,126
Cost of lease merchandise sold	108,522	3,405
Provision for doubtful accounts	822,781	9,376
Operating expenses	2,094,276	1,244,389
Total costs and expenses	5,208,119	1,305,296
Operating loss	(1,436,286)	(1,201,375)
Interest expense	77,921
Loss from continuing operations, before income tax benefits	(1,514,207)	(1,201,375)
Income tax benefit	45,784	96,765
Loss from continuing operations	(1,468,423)	(1,104,610)
Income from discontinued operations, net of income taxes of $45,784 and $96,765	74,700	157,881
Net loss	$ (1,393,723)	$ (946,729)
Basic and diluted (loss) income per common share:
Loss from continuing operations	$ (0.04)	$ (0.05)
Income from discontinued operations		0.01
Net loss	$ (0.04)	$ (0.04)
Weighted average common shares outstanding:
Basic and diluted	38,604,211	21,148,862

Consolidated Statements of Operations (Unaudited) (Parenthetical) - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Income Statement [Abstract]
Income tax benefit	$ 45,784	$ 96,765

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - 3 months ended Mar. 31, 2015 - USD ($)	Total	Preferred Stock [Member]	Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]
Balance at beginning period at Dec. 31, 2014	$ 6,332,269	$ 1,711,095	$ 3,502	$ 14,513,433	$ (9,895,761)
Balance at beginning period, Shares at Dec. 31, 2014		342,219	35,015,322
Provision for compensation expense related to issued stock options	13,200			13,200
Sale of common stock	9,350,000		$ 1,700	9,348,300
Sale of common stock, Shares			17,000,000
Costs related to sale of common stock	(801,806)			(801,806)
Net loss	(1,393,723)				(1,393,723)
Balance at Mar. 31, 2015	$ 13,499,940	$ 1,711,095	$ 5,202	$ 23,073,127	$ (11,289,484)
Balance, Shares at Mar. 31, 2015		342,219	52,015,322

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (1,393,723)	$ (946,729)
Adjustments to reconcile net loss to net cash used in operating activities:
(Income) from discontinued operation	(74,700)	(157,881)
Depreciation and amortization	154,332	14,988
Depreciation of lease merchandise	2,234,456	48,126
Impairment of lease merchandise	55,000
Compensation expense related to issuance of stock options	13,200	231,000
Compensation expense related to issuance of warrants		2,800
Provision for uncollectible accounts	822,781	9,376
Changes in operating assets and liabilities:
(Increase) in accounts receivable	(855,888)	(21,344)
(Increase) in prepaid expenses and other	(65,799)	(71,823)
(Increase) in lease merchandise	(2,079,986)	(692,166)
(Increase) in security deposits		(47,768)
Increase in accounts payable	161,793	333,079
Increase in accrued payroll and related taxes	88,618	60,425
Increase in accrued expenses	7,575	27,693
Net cash used in operating activities - continuing operations	(932,341)	(1,210,225)
Net cash provided by (used in) operating activities - discontinued operations	56,506	(31,383)
Net cash used in operating activities	(875,835)	(1,241,608)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment	(222,796)	(39,982)
Net cash used in investing activities - continuing operations	(222,796)	(39,982)
Net cash used in investing activities- discontinued operations
Net cash used in investing activities	(222,796)	(39,982)
CASH FLOWS FROM FINANCING ACTIVITIES:
(Repayment) proceeds of loan from shareholder	(1,000,000)	150,000
Proceeds from loan payable, net of $1,170,501 of related costs	849,062
Proceeds from sale of common stock, net of $801,806 of related costs	8,548,194
Net cash provided by financing activities - continuing operations	8,397,256	150,000
Net cash provided by financing activities - discontinued operations		1,134,386
Net cash provided by financing activities	8,397,256	1,284,386
INCREASE IN CASH	7,298,625	2,796
CASH, beginning of period	2,883,349	960,032
CASH, end of period	10,181,974	962,828
Supplemental cash flow information:
Interest paid	$ 36,250

Basis of Presentation

3 Months Ended

Mar. 31, 2015

Basis of Presentation [Abstract]

BASIS OF PRESENTATION

1. BASIS OF PRESENTATION

Our interim financial statements have been prepared in accordance with the instructions to Form 10-Q and Article 8 of Regulation S-X and in conformity with accounting principles generally accepted in the United States of America (“GAAP”) applicable to interim financial information. Accordingly, the information presented on our interim financial statements does not include all information and disclosures necessary for a fair presentation of our financial position, results of operations and cash flows in conformity with GAAP for annual financial statements. In the opinion of management, these financial statements reflect all adjustments consisting of normal recurring accruals, necessary for a fair statement of our financial position, results of operations and cash flows for such periods. The results of operations for any interim period are not necessarily indicative of the results for the full year. These financial statements should be read in conjunction with the financial statements and notes thereto contained in our Annual Report on Form 10-K for the fiscal year ended December 31, 2014.

The consolidated balance sheet as of December 31, 2014 contained herein has been derived from audited financial statements.

Business

3 Months Ended

Mar. 31, 2015

Business [Abstract]

BUSINESS

2. BUSINESS

FlexShopper Inc. (the “Company”) is a corporation organized under the laws of the State of Delaware on August 16, 2006. The Company owns 100% of FlexShopper, LLC (“FlexShopper”), a limited liability company incorporated under the laws of North Carolina on June 24, 2013. Since the sale of the assets of Anchor Funding Services LLC (“Anchor”), which sale was completed in a series of transactions between April and June 2014, the Company is a holding company with no operations except for those conducted by FlexShopper. FlexShopper through its e-commerce markeplace and patent pending payment method, provides certain types of durable goods to consumers on a lease-to-own basis (“LTO”) including consumers of third party retailers and e-tailers.

In January 2015, in connection with the credit agreement entered into in March 2015 (see Note 7) FlexShopper 1 LLC and FlexShopper 2 LLC were organized as wholly owned Delaware subsidiaries of FlexShopper to conduct operations.

During 2013, the Company decided to concentrate its efforts on the operations of FlexShopper and subsequently, an agreement was entered into with a financial institution to sell substantially all of the operating assets of Anchor which provided accounts receivable funding to businesses located throughout the United States. The sale was finalized in June 2014 (see Note 4). The consolidated statements of operations and cash flows reflects the historical operations of Anchor, including the gain on sale, as discontinued operations. The consolidated balance sheet as of December 31, 2014 reflects amounts attributable to Anchor as assets and liabilities of discontinued operations.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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+ Details

Summary of Significant Accounting Policies

3 Months Ended

Mar. 31, 2015

Summary of Significant Accounting Policies [Abstract]

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

3. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Principles of Consolidation - The accompanying consolidated financial statements include the accounts of the Company and its wholly owned subsidiaries after elimination of intercompany balances and transactions.

Estimates – The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Revenue Recognition - Merchandise is leased to customers pursuant to lease purchase agreements which provide for weekly and bi-weekly lease terms with non-refundable lease payments. Generally the customer has the right to acquire title either through a 90 day same as cash option or through payments of all required lease payments generally 52 weeks, for ownership. Customers have the option to cancel the agreement in accordance with lease terms and return the merchandise. Accordingly, customer agreements are accounted for as operating leases with lease revenues recognized in the month they are due on the accrual basis of accounting. Merchandise sales revenue is recognized when the customer exercises the purchase option and pays the purchase price. Revenue from processing fees earned upon exercise by the customer of the 90 day purchase option is recorded upon recognition of the related merchandise sales. These fees amounted to approximately $30,750 for the three months ended March 31, 2015. Revenue for lease payments received prior to their due date is deferred and recognized as revenue in the period to which the payments relate. Revenues from leases and sales are reported net of sales taxes.

Accounts Receivable and Allowance for Doubtful Accounts – FlexShopper seeks to collect amounts owed under its leases from each customer on a weekly basis by charging their bank account or credit card. Accounts receivable are principally comprised of lease payments currently owed to the Company which are past due as the Company has been unable to successfully collect in the manner described above. An allowance for doubtful accounts is estimated by reserving all accounts in excess of four payments in arrears, adjusted for subsequent collections. FlexShopper is developing historical data to assess the estimate of the allowance in the future. The accounts receivable balances consisted of the following as of March 31, 2015 and December 31, 2014.

	March 31, 2015		December 31, 2014

Accounts receivable	$	2,244,861	$	1,509,736
Allowance for doubtful accounts		2,076,420		1,380,902
Accounts receivable, net	$	168,441	$	128,834

The allowance is a significant percentage of the balance because FlexShopper does not charge off any customer account until it has exhausted all collection efforts with respect to each account including attempts to repossess items. In addition, the same delinquent customers will continue to accrue weekly charges until they are charged off or FlexShopper has exhausted collection efforts. FlexShopper will charge off accounts upon determining that collection is not probable. During the three months ended March 31, 2015, $127,263 of accounts receivable balances were charged off against the allowance.

Lease Merchandise – Until all payment obligations for ownership are satisfied under the lease agreement, the Company maintains ownership of the lease merchandise. Lease merchandise consists primarily of residential furniture, consumer electronics, computers, appliances and household accessories and is recorded at cost net of accumulated depreciation. The Company depreciates leased merchandise using the straight line method over the applicable agreement period for a consumer to acquire ownership, generally twelve months with no salvage value. For lease merchandise returned or anticipated to be returned either voluntarily or through repossession, the Company provides an impairment reserve for the undepreciated balance of the merchandise with a corresponding charge to cost of lease revenue. The impairment charge amounted to $55,000 for the three months ended March 31, 2015. The Company is developing historical charge off information to assess recoverability and estimate of the impairment reserve. The net leased merchandise balances consisted of the following as of March 31, 2015 and December 31, 2014:

	March 31, 2015		December 31, 2014
Lease merchandise at cost	$	8,040,790	$	6,929,509
Accumulated depreciation		3,426,342		2,160,591
Impairment reserve		582,000		527,000
Lease merchandise, net	$	4,032,448	$	4,241,918

Cost of lease merchandise sold represents the undepreciated cost of rental merchandise at the time of sale.

Deferred Debt Issuance Costs – Debt issuance costs incurred in conjunction with the Credit Agreement entered into on March 6, 2015 (see Note 7) are offset against the outstanding balance of the loan payable and are amortized using the straight line method over the remaining term of the credit facility. Amortization for the three months ended of March 31, 2015 was $48,771.

Intangible Assets - Intangible assets consist of a pending patent on the Company’s LTO payment method at check-out for third party e-commerce sites. Patents are stated at cost less accumulated amortization. Patent costs are amortized by using the straight line method over the legal life, or if shorter, the useful life of the patent which has been estimated to be 10 years.

Software Costs - Costs related to developing or obtaining internal-use software incurred during the preliminary project and post-implementation stages of an internal use software project are expensed as incurred and certain costs incurred in the project’s application development stage are capitalized as property and equipment. The Company expenses costs related to the planning and operating stages of a website. Direct costs incurred in the website’s development stage are capitalized as property and equipment. Costs associated with minor enhancements and maintenance for the website are included in expenses as incurred.

Operating Expenses – Operating expenses include all corporate overhead expenses such as salaries, payroll taxes and benefits, stock based compensation, occupancy, advertising and other administrative expenses.

Advertising Costs – The Company charges advertising costs to expense as incurred. Total advertising costs were approximately $548,546 and $35,000 for the three months ended March 31, 2015 and 2014 respectively.

Per Share Data – Per share data is computed by use of the two-class method as a result of outstanding convertible preferred stock which participates in dividends with the common stock and accordingly has participation rights in undistributed earnings as if all such earnings had been distributed during the period (see Note 8). Under such method where the Company has undistributed net income, basic earnings per common share is computed based on the total of any dividends paid per common share plus undistributed income per common share determined by dividing net income reduced by any dividends paid on common and preferred stock by the total of the weighted average number of common shares outstanding plus the weighted average number of common shares issuable upon conversion of outstanding preferred stock during the period. Where the Company has a net loss, basic per share data (including income from continuing operations) is computed based solely on the weighted average number of common shares outstanding during the period. As the convertible preferred stock has no contractual obligation to share in the losses of the Company, common shares issuable upon conversion of the preferred stock are not included in such computations.

Diluted earnings per share is based on the more dilutive of the if-converted method (which assumes conversion of the preferred stock as of the beginning of the period) or the two-class method (which assumes that the preferred stock is not converted) plus the potential impact of dilutive options and warrants. The dilutive effect of stock options and warrants is computed using the treasury stock method, which assumes the repurchase of common shares at the average market price during the period. Under the treasury stock method, options and warrants will have a dilutive effect when the average price of common stock during the period exceeds the exercise price of options or warrants. When there is a loss from continuing operations, potential common shares are not included in the computation of diluted loss per share, since they have an anti-dilutive effect.

In computing diluted loss per share, no effect has been given to the issuance of common stock upon conversion or exercise of the following securities as their effect is anti-dilutive:

	Three months ended
	March 31,
	2015		2014
Convertible preferred stock		2,166,246		1,873,674
Options		3,870,000		3,610,000
Warrants		5,115,531		3,342,504
		11,151,777		8,826,178

Stock Based Compensation - The fair value of transactions in which the Company exchanges its equity instruments for employee services (share-based payment transactions) is recognized as an expense in the financial statements as services are performed.

Compensation expense is determined by reference to the fair value of an award on the date of grant and is amortized on a straight-line basis over the vesting period. We have elected to use the Black-Scholes-Merton pricing model to determine the fair value of all stock option awards. (See Note 9)

Fair Value of Financial Instruments – The carrying value of loans payable under the Credit Agreement (see Note 7) approximate fair value.

Income Taxes – Deferred tax assets and liabilities are determined based on the estimated future tax effects of net operating loss carryforwards and temporary differences between the tax bases of assets and liabilities and their respective financial reporting amounts measured at the current enacted tax rates. The Company records a valuation allowance for its deferred tax assets when management concludes that it is not more likely than not that such assets will be recognized.

The Company recognizes a tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. The tax benefits recognized in the consolidated financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. As of March 31, 2015 and 2014, the Company has not recorded any unrecognized tax benefits.

Interest and penalties related to liabilities for uncertain tax positions will be charged to interest and operating expenses, respectively.

Recent Accounting Pronouncements –

In April 2014, the Financial Accounting Standards Board (“FASB”) issued Accounting Standard Update (“ASU”) ASU No. 2014-08, Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU No. 2014-08 changes the definition of a discontinued operation to include only those disposals of components of an entity that represent a strategic shift that has (or will have) a major effect on an entity's operations and financial results. ASU No. 2014-08 is effective prospectively for fiscal years beginning after December 15, 2014 with early adoption permitted. The Company has early adopted this update in the second quarter of 2014.

In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers. This new standard provides guidance for the recognition, measurement and disclosure of revenue resulting from contracts with customers and will supersede virtually all of the current revenue recognition guidance under U.S. GAAP. The standard is effective for the first interim period within annual reporting periods beginning after December 15, 2016. The Company is currently evaluating the impact of the provisions of this new standard on its financial position and results of operations.

In June 2014, FASB issued ASU 2014-12, Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period. ASU 2014-12 requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant-date fair value of the award. ASU 2014-12 is effective for annual reporting periods beginning after December 15, 2015, with early adoption permitted. The Company is evaluating the potential impacts of the new standard on its existing stock-based compensation plans.

In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern. In connection with preparing financial statements for each annual and interim reporting period, an entity’s management should evaluate whether there are conditions or events, considered in the aggregate, that raise substantial doubt about the entity’s ability to continue as a going concern within one year after the date that the financial statements are issued. Management’s evaluation should be based on relevant conditions and events that are known and reasonably knowable at the date that the financial statements are issued. Substantial doubt about an entity’s ability to continue as a going concern exists when relevant conditions and events, considered in the aggregate, indicate that it is probable that the entity will be unable to meet its obligations as they become due within one year after the date that the financial statements are issued. The term probable is used consistently with its use in Topic 450, Contingencies. The amendments in this Update are effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter.

In April 2015, the FASB issued ASU 2015-03, Interest – Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs which requires that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. This ASU is effective for fiscal years beginning after December 15, 2015 and for interim periods within those fiscal years with early adoption permitted.

During the quarter ended March 31, 2015 the Company early adopted ASU 2015-03 and offset $1,121,730 of unamortized debt issuance costs related to debt issued under the Credit Agreement in March 2015 against the outstanding balance of loans payable under the Credit Agreement in the accompanying balance sheet at March 31, 2015.

Discontinued Operations

3 Months Ended

Mar. 31, 2015

Discontinued Operations [Abstract]

DISCONTINUED OPERATIONS

4. DISCONTINUED OPERATIONS

During 2013, the Company decided to concentrate its efforts on the operations of FlexShopper and subsequently on April 30, 2014, Anchor entered into an Asset Purchase and Sale Agreement (the “Purchase Agreement”) with a Bank, pursuant to which Anchor sold to the Bank substantially all of its assets (the “Anchor Assets”), consisting primarily of its factoring portfolio (the “Portfolio Accounts”). The purchase price for the Anchor Assets was equal to (1) approximately $4,445,000 which represented 110% of the total funds outstanding associated with the Portfolio Accounts which resulted in a gain of approximately $445,000 plus (2) an amount equal to 50% of the factoring fee and interest income earned by the Portfolio Accounts during the 12 month period following acquisition (“Earnout Payments”). The Earnout Payments totaled $342,541 for the period ended December 31, 2014 and $120,484 for the three months ended March 31, 2015. The sale of the Anchor Assets was made in a series of closings through June 16, 2014. In connection with each closing, Anchor used the proceeds thereof to pay the Bank all amounts due for factor advances associated with the Portfolio Accounts acquired pursuant to such closing under Anchor’s Rediscount Facility Agreement with the Bank dated November 30, 2011 (the “Rediscount Facility Agreement”). In accordance with the Purchase Agreement, following the final closing thereunder all obligations of Anchor under the Rediscount Facility Agreement (and the associated Validity Warranty) were paid and satisfied in full and the agreement was terminated. In 2014, subsequent to the quarter ended March 31, 2014 Anchor recorded a gain of $788,015 on the sale of these assets including the earnout payments received through December 31, 2014. In the quarter ended March 31, 2015, Anchor recorded a gain of $120,484 for the earnout payments received during such period which is included in income from discontinued operations. Future contingent earnout payments will be recorded as income when earned.

The assets and liabilities of the discontinued operations are presented separately under the captions “Assets of discontinued operations” and “Liabilities of discontinued operations” in the accompanying consolidated Balance Sheet at December 31, 2014 and consist of the following:

	December 31, 2014
Assets of discontinued operations:
Retained interest in purchased accounts receivable	$	6,500
	$	6,500
Liabilities of discontinued operations:
Accounts payable	$	7,626
	$	7,626

Major classes of income and expenses related to income from discontinued operations are as follows:

	Three Months ended March 31, 2014
Finance revenues	$	463,842
Interest expense-financial institution		(70,614	)
Provision for credit losses		(864	)
Net finance revenues		392,364
Operating expenses		(137,718	)
Income from discontinued operations before income taxes	$	254,646	)

- Definition

The entire disclosure related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
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-Section 45
-Paragraph 11
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+ Details

Property and Equipment

3 Months Ended

Mar. 31, 2015

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

Property and equipment consist of the following:


	Estimated Useful Lives	March 31, 2015			December 31, 2014
Furniture and fixtures	2-5 years	$	99,982		$	99,982
Website and internal use software	3 years		1,228,710			1,017,103
Computers and software	3-7 years		366,402			355,213
			1,695,094			1,472,298
Less: accumulated depreciation and amortization			(525,393	)		(420,601	)
		$	1,169,701		$	1,051,697

Depreciation and amortization expense was $104,792 and $14,988 for the three months ended March 31, 2015 and 2014, respectively.

Loans Payable Shareholders

3 Months Ended

Mar. 31, 2015

Loans Payable Shareholders and Loan Payable [Abstract]

LOANS PAYABLE SHAREHOLDERS

6. LOANS PAYABLE SHAREHOLDERS

On March 19, 2014, upon approval of the Board of Directors, FlexShopper entered into two Promissory Notes totaling $1,000,000, one with former CEO Morry Rubin and the other with a major shareholder and Director of the Company. Each demand Promissory Note was for $500,000 and earned interest (payable monthly) at 10% per annum. The Promissory Notes were to assist FlexShopper in purchasing merchandise for lease to support FlexShopper’s growth. In May 2014, these loans were converted into shares of the Company’s Common Stock at a price of $0.55 per share. In connection therewith accrued interest amounting to approximately $4,900 was contributed to capital. On December 8, 2014, upon approval of the Board of Directors, FlexShopper entered into a promissory note for $1,000,000, with a shareholder and executive of the Company. The note is payable on demand. The note was funded in increments of $500,000 on December 8^th and 18^th and earned interest at 15% per annum. The Promissory Note was to assist FlexShopper in purchasing merchandise for lease and was paid in full with interest amounting to $36,250 on March 11, 2015.

Loan Payable

3 Months Ended

Mar. 31, 2015

Loans Payable Shareholders and Loan Payable [Abstract]

LOAN PAYABLE

7. LOAN PAYABLE

On March 6, 2015, FlexShopper entered into a credit agreement (the “Credit Agreement”) with a Lender. FlexShopper is permitted to borrow funds under the Credit Agreement based on FlexShopper’s cash on hand and the Amortized Order Value of its Eligible Leases (as such terms are defined in the Credit Agreement) less certain deductions described in the Credit Agreement. Under the terms of the Credit Agreement, subject to the satisfaction of certain conditions, FlexShopper may borrow up to $25,000,000 from the Lender for a term of two years. The borrowing term may be extended for an additional twelve months in the sole discretion of the Lender. The Credit Agreement contemplates that the Lender may provide additional debt financing to FlexShopper, up to $100 million in total, under two uncommitted accordions following satisfaction of certain covenants and other terms and conditions. The Lender will receive security interests in certain leases as collateral under the Credit Agreement. Amounts borrowed will bear interest at the rate of LIBOR plus 15 percent per annum and a small non-usage fee will be assessed on any undrawn amount if the facility is less than 80% drawn on average in any given measurement period commencing three months after closing of the facility. As of March 31, 2015 the amount funded under the agreement was $2,019,563.

Capital Structure

3 Months Ended

Mar. 31, 2015

Capital Structure [Abstract]

CAPITAL STRUCTURE

8. CAPITAL STRUCTURE

The Company’s capital structure consists of preferred and common stock as described below:

Preferred Stock – The Company is authorized to issue 10,000,000 shares of $.001 par value preferred stock. The Company’s Board of Directors determines the rights and preferences of its preferred stock.

On January 31, 2007, the Company filed a Certificate of Designation with the Secretary of State of Delaware. Effective with this filing, 2,000,000 preferred shares became Series 1 Convertible Preferred Stock. Series 1 Convertible Preferred Stock ranks senior to Common Stock.

As a result of the Company entering into the Credit Agreement (see Note 7) each share of Series 1 Convertible Preferred Stock became convertible into 6.33 shares of the Company’s common stock. The holder of the Series 1 Convertible Preferred Stock has the option to convert the shares to Common Stock at any time. Upon conversion all accumulated and unpaid dividends will be paid as additional shares of Common Stock. The holders of Series 1 Convertible Preferred Stock have the same dividend rights as holders of Common Stock, as if the Series 1 Convertible Preferred Stock had been converted to Common Stock.

During the year ended December 31, 2014, 34,168 preferred shares were converted into 194,758 common shares. As of March 31, 2015 there were 342,219 shares of Series 1 Convertible Preferred Stock outstanding which are convertible into 2,166,246 shares of common stock.

Common Stock – The Company is authorized to issue 65,000,000 shares of $.0001 par value Common Stock. Each share of Common Stock entitles the holder to one vote at all stockholder meetings. Dividends on Common Stock are restricted per terms of the Credit Agreement. (See Note 7)

In addition, pursuant to the terms of the private placement offering, George Rubin and Morry F. Rubin, officers, directors and founders of the Company, each completed the funding of their $500,000 loan to the Company and converted these loans into shares of the Company’s Common Stock at the same offering price per share as that paid by investors in the offering. An aggregate of 1,818,182 shares of the Company’s Common Stock were issued to the Rubins from the conversion of their notes totaling $1,000,000.

In connection with entering into the Credit Agreement, on March 6, 2015, FlexShopper raised approximately $8.6 million in net proceeds through direct sales of 17.0 million shares of FlexShopper common stock, to certain affiliates of the Lender and other accredited investors for a purchase price of $0.55 per share.

On March 26, 2015, the Board of Directors approved a resolution, subject to stockholder approval and a filing of an amendment to the Company’s Certificate of Incorporation with the Secretary of State of the State of Delaware to increase the number of authorized shares of Common Stock from 65 million shares to 100 million shares. Also, the board approved a 2015 Stock Option Plan identical to the existing 2007 Plan with 4,000,000 shares of its Common Stock that may be issued under the 2015 Plan. The 2015 Plan is subject to approval of an increase in the number of shares of authorized Common Stock described above and stockholder approval within 12 months.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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Reference 11: http://www.xbrl.org/2003/role/presentationRef
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-Glossary Preferred Stock
-URI http://asc.fasb.org/extlink&oid=6521494

Reference 12: http://www.xbrl.org/2003/role/presentationRef
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-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

+ Details

Stock Options

3 Months Ended

Mar. 31, 2015

Stock Options [Abstract]

STOCK OPTIONS

9. STOCK OPTIONS

On January 31, 2007, the Board of Directors adopted our 2007 Omnibus Equity Compensation Plan (the “Plan”), with 2,100,000 common shares authorized for issuance under the Plan. In October 2009, the Company's stockholders approved an increase in the number of shares covered by the Plan to 4,200,000 shares. Grants under the plan may consist of incentive stock options, non-qualified stock options, stock appreciation rights, stock awards, stock unit awards, dividend equivalents and other stock based awards.

Employees, directors and consultants and other service providers are eligible to participate in the Plan. Options granted under the plan vest over periods ranging from immediately upon grant to a three year period and expire ten years from date of grant.

On March 24, 2014, B. Bernstein an officer and director of the Company was granted 10 year options to purchase 250,000 shares of common stock. These options vested on the date of grant.

On July 25, 2014, and October 14, 2014, two new Directors of the Company were each granted 10 year options to purchase 180,000 shares of common stock. These options vest one third annually commencing at the date of grant.

Activity in stock options for the three months ended March 31, 2015 follows:

	Number of shares	Weighted average exercise price		Weighted average contractual term		Aggregate intrinsic value
Outstanding at January 1, 2015	3,755,000	$	0.87		5.30	$	757,650
Granted	115,000	$	0.82		9.96
Outstanding at March 31, 2015	3,870,000	$	0.87		5.19	$	697,133
Vested and exercisable at March 31, 2015	3,314,999	$	0.89		4.56	$	697,133
Vested and exercisable at March 31, 2015 and expected to vest thereafter	3,817,900	$	0.89		5.19	$	697,133

The weighted average grant date fair value of options granted during 2015 was $0.06 per share. The Company measured the fair value of each option award on the date of grant using the Black Scholes option pricing model (BSM) with the following assumptions:

	2015
Exercise price	$0.75 to $0.90
Expected life	6 years
Expected volatility	37%
Dividend yield	0	%
Risk-free interest rate	1.64% to 2.70%

The expected dividend yield is based on the Company’s historical dividend yield. The expected volatility was based on the average of historical volatilities for a period comparable to the expected life of the options of certain entities considered to be similar to the Company. The expected life is based on the simplified expected term calculation permitted by the SEC which defines the expected life as the average of the contractual term of the options and the weighted-average vesting period for all option tranches. The risk-free interest rate is based on the annual yield on the grant date of a zero-coupon U.S. Treasury bond the maturity of which equals the option’s expected life.

The value of stock options is recognized as compensation expense by the straight line method over the vesting period. Compensation expense recorded for options in the statements of operations was $13,200 and $231,000 for the three months ended March 31, 2015 and 2014, respectively. Unrecognized compensation cost related to non-vested options at March 31, 2015 amounted to $220,596 which is expected to be recognized over a weighted average period of 2.4 years.

Warrants

3 Months Ended

Mar. 31, 2015

Warrants [Abstract]

WARRANTS

10. WARRANTS

On January 31, 2014 the expiration date of outstanding warrants issued to one of the Company’s placement agents to purchase 1,342,500 shares of the Company’s common stock at $1.10 per share, due to expire on such date was extended by the Company through January 31, 2018. The following information was input into BSM to compute a fair value price of $.104 for each modified warrant:

Exercise price	$	1.10
Term	4 years
Expected volatility		37%
Dividend yield		0	%
Risk-free interest rate		.09	%

For the three months ended March 31, 2015 and 2014, compensation expense of $0 and $2,800 respectively was recorded related to these warrants.

The following table summarizes information about outstanding stock warrants as of March 31, 2015 all of which are exercisable:

				Weighted Average
Exercise		Number		Remaining
Price		Outstanding		Contractual Life

$	1.10		1,342,500	3 years
	1.00		2,000,004	6 years
$	0.55		1,773,027	7 years
			5,115,531

Income Taxes

3 Months Ended

Mar. 31, 2015

Income Taxes [Abstract]

INCOME TAXES

11. INCOME TAXES

As of December 31, 2014, the Company had federal net operating loss carryforwards of approximately $4.5 million and state net operating loss carryforwards of approximately $3.4 million available to offset future taxable income which expire from 2022 to 2034. The Company’s use of net operating loss carryforwards is subject to limitations imposed by the Internal Revenue Code. Management believes that the deferred tax assets as of March 31, 2015 do not satisfy the realization criteria and has recorded a valuation allowance to offset the tax asset. By recording a valuation allowance for the entire amount of future tax benefits, the Company has not recognized a deferred tax benefit related to its loss from continuing operations other than a benefit related to utilizing such loss to offset income from discontinued operations. A corresponding tax provision was charged to discontinued operations.

Restatement

3 Months Ended

Mar. 31, 2015

Restatement [Abstract]

RESTATEMENT

12. RESTATEMENT

In the fourth quarter of 2014, the Company capitalized $1,017,104 of website and internal use software costs and correspondingly recognized $103,222 of accumulated amortization or a net adjustment of $913,822 of which $627,646 related to amounts expensed in prior quarters of 2014 including $158,529 related to the quarter ended March 31, 2014. In addition, in the quarter ended March 31, 2014, an income tax benefit of $96,765 was allocated to continuing operations with a corresponding tax provision charged to discontinued operations, representing the tax benefit from utilizing the loss from continuing operations to offset revenue from discontinued operations. Such adjustment had no effect on the net loss for the quarter. Net loss and related loss per share of such quarter have been restated as follows:

Net loss:
As previously reported	$	(946,729	)
Adjustment		158,529
As adjusted	$	(788,200	)
Basic and diluted net loss per common share:
As previously reported	$	(0.05	)
Adjustment		0.01
As adjusted	$	(0.04	)

Subsequent Events

3 Months Ended

Mar. 31, 2015

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

13. SUBSEQUENT EVENTS

From May through October 2014, the Company received gross proceeds of $6,501,100 from the sale of 11,820,187 shares offered through three co-placement agents in a private placement offering at an offering price of $.55 per share under Rule 506 and/or Section 4(2) of the Securities Act of 1933 as amended. In connection therewith seven year warrants to purchase 1,773,027 common shares at an exercise price of $.55 per share were issued to placement agents. In January 2015, the Company filed a registration statement (file no. 333-201644) with the Securities and Exchange Commission to attempt to register the resale of the 11,820,187 shares sold in the 2014 private placement as well as the 1,773,027 shares underlying the warrants issued to the placement agents. Pursuant to letters dated as of April 27, 2015, the placement agents agreed that upon the effectiveness of the registration statement, the placement agent warrants will expire five years from the effective date of said registration statement. Further, each placement agent further agreed that the placement agent warrants shall not be sold during the offering or sold, transferred, assigned, pledged or hypothecated, or be the subject of any hedging, short sale, derivative, put or call transaction that would result in the effective economic disposition of the placement agent warrants by any person for a period of 180 days immediately following the date of effectiveness of the registration statement except as provided in FINRA Rule 5110(g)(2).

Summary of Significant Accounting Policies (Policies)

3 Months Ended

Mar. 31, 2015

Summary of Significant Accounting Policies [Abstract]

Principles of Consolidation

Estimates

Revenue Recognition

Accounts Receivable and Allowance for Doubtful Accounts

	March 31, 2015		December 31, 2014

Accounts receivable	$	2,244,861	$	1,509,736
Allowance for doubtful accounts		2,076,420		1,380,902
Accounts receivable, net	$	168,441	$	128,834

Lease Merchandise

	March 31, 2015		December 31, 2014
Lease merchandise at cost	$	8,040,790	$	6,929,509
Accumulated depreciation		3,426,342		2,160,591
Impairment reserve		582,000		527,000
Lease merchandise, net	$	4,032,448	$	4,241,918

Cost of lease merchandise sold represents the undepreciated cost of rental merchandise at the time of sale.

Deferred Debt Issuance Costs

In computing diluted loss per share, no effect has been given to the issuance of common stock upon conversion or exercise of the following securities as their effect is anti-dilutive:

	Three months ended
	March 31,
	2015		2014
Convertible preferred stock		2,166,246		1,873,674
Options		3,870,000		3,610,000
Warrants		5,115,531		3,342,504
		11,151,777		8,826,178

Stock Based Compensation

Fair Value of Financial Instruments

Fair Value of Financial Instruments – The carrying value of loans payable under the Credit Agreement (see Note 7) approximate fair value.

Income Taxes

Interest and penalties related to liabilities for uncertain tax positions will be charged to interest and operating expenses, respectively.

Recent Accounting Pronouncements

Recent Accounting Pronouncements –

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2015

Summary of Significant Accounting Policies [Abstract]

Schedule of accounts receivable

	March 31, 2015		December 31, 2014

Accounts receivable	$	2,244,861	$	1,509,736
Allowance for doubtful accounts		2,076,420		1,380,902
Accounts receivable, net	$	168,441	$	128,834

Schedule of lease merchandise

	March 31, 2015		December 31, 2014
Lease merchandise at cost	$	8,040,790	$	6,929,509
Accumulated depreciation		3,426,342		2,160,591
Impairment reserve		582,000		527,000
Lease merchandise, net	$	4,032,448	$	4,241,918

Schedule of antidilutive securities excluded from computation of earnings per share

	Three months ended
	March 31,
	2015		2014
Convertible preferred stock		2,166,246		1,873,674
Options		3,870,000		3,610,000
Warrants		5,115,531		3,342,504
		11,151,777		8,826,178

Discontinued Operations (Tables)

12 Months Ended

Dec. 31, 2014

Discontinued Operations [Abstract]

Schedule of disposal groups, including discontinued operations, income statement, balance sheet and additional disclosures

	December 31, 2014
Assets of discontinued operations:
Retained interest in purchased accounts receivable	$	6,500
	$	6,500
Liabilities of discontinued operations:
Accounts payable	$	7,626
	$	7,626

Schedule of disposal groups including discontinued operations income statement

	Three Months ended March 31, 2014
Finance revenues	$	463,842
Interest expense-financial institution		(70,614	)
Provision for credit losses		(864	)
Net finance revenues		392,364
Operating expenses		(137,718	)
Income from discontinued operations before income taxes	$	254,646	)

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2014

Property and Equipment [Abstract]

Schedule of property and equipment

	Estimated Useful Lives	March 31, 2015			December 31, 2014
Furniture and fixtures	2-5 years	$	99,982		$	99,982
Website and internal use software	3 years		1,228,710			1,017,103
Computers and software	3-7 years		366,402			355,213
			1,695,094			1,472,298
Less: accumulated depreciation and amortization			(525,393	)		(420,601	)
		$	1,169,701		$	1,051,697

Stock Options (Tables)

3 Months Ended

Mar. 31, 2015

Stock Options [Abstract]

Schedule of information about stock options

	Number of shares	Weighted average exercise price		Weighted average contractual term		Aggregate intrinsic value
Outstanding at January 1, 2015	3,755,000	$	0.87		5.30	$	757,650
Granted	115,000	$	0.82		9.96
Outstanding at March 31, 2015	3,870,000	$	0.87		5.19	$	697,133
Vested and exercisable at March 31, 2015	3,314,999	$	0.89		4.56	$	697,133
Vested and exercisable at March 31, 2015 and expected to vest thereafter	3,817,900	$	0.89		5.19	$	697,133

Schedule of option input into a Black Scholes option pricing model

	2015
Exercise price	$0.75 to $0.90
Expected life	6 years
Expected volatility	37%
Dividend yield	0	%
Risk-free interest rate	1.64% to 2.70%

Warrants (Tables)

3 Months Ended

Mar. 31, 2015

Warrants [Abstract]

Schedule of warrants, valuation assumptions

Exercise price	$	1.10
Term	4 years
Expected volatility		37%
Dividend yield		0	%
Risk-free interest rate		.09	%

Schedule of stock warrants

				Weighted Average
Exercise		Number		Remaining
Price		Outstanding		Contractual Life

$	1.10		1,342,500	3 years
	1.00		2,000,004	6 years
$	0.55		1,773,027	7 years
			5,115,531

Restatement (Tables)

3 Months Ended

Mar. 31, 2015

Restatement [Abstract]

Schedule of net loss and related loss per share

Net loss:
As previously reported	$	(946,729	)
Adjustment		158,529
As adjusted	$	(788,200	)
Basic and diluted net loss per common share:
As previously reported	$	(0.05	)
Adjustment		0.01
As adjusted	$	(0.04	)

Business (Details)	3 Months Ended
Business (Details)	Mar. 31, 2015
Business [Abstract]
Limited liability percentage of FlexShopper, LLC	100.00%

Summary of Significant Accounting Policies (Details) - USD ($)	Mar. 31, 2015	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Accounts receivable	$ 2,244,861	$ 1,509,736
Allowance for doubtful accounts	2,076,420	1,380,902
Accounts receivable, net	$ 168,441	$ 128,834

Summary of Significant Accounting Policies (Details 1) - USD ($)	Mar. 31, 2015	Dec. 31, 2014
Summary of Significant Accounting Policies [Abstract]
Lease merchandise at cost	$ 8,040,790	$ 6,929,509
Accumulated depreciation	3,426,342	2,160,591
Impairment reserve	582,000	527,000
Lease merchandise, net	$ 4,032,448	$ 4,241,918

Summary of Significant Accounting Policies (Details 2) - shares	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	11,151,777	8,826,178
Convertible preferred stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	2,166,246	1,873,674
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	3,870,000	3,610,000
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	5,115,531	3,342,504

Summary of Significant Accounting Policies (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Summary of significant accounting policies [Textual ]
Amortization method	Straight line method
Revenue for lease payments	$ 30,750
Total advertising costs	$ 548,546	$ 35,000
Concentration risk, percentage	50.00%
Impairment charge to cost of lease revenue	$ 55,000
Life of Assets	10 years
Revenue Recognition	Through a 90 day same as cash option or through payments of all required lease payments generally 52 weeks, for ownership.
Flexible options to obtain ownership description	Customers have the option to cancel the agreement in accordance with lease terms and return the merchandise. Accordingly, customer agreements are accounted for as operating leases with lease revenues recognized in the month they are due on the accrual basis of accounting. Merchandise sales revenue is recognized when the customer exercises the purchase option and pays the purchase price. Revenue from processing fees earned upon exercise by the customer of the 90 day purchase option is recorded upon recognition of the related merchandise sales.
Accounts receivable were charged off against the allowance	$ 127,263
Amortization	48,771
Unamortized issuance costs	$ 1,121,730

Discontinued Operations (Details)	Dec. 31, 2014 USD ($)
Assets of discontinued operations:
Retained interest in purchased accounts receivable	$ 6,500
Assets of discontinued operations, Total	6,500
Liabilities of discontinued operations:
Accounts payable	7,626
Liabilities of discontinued operations,Total	$ 7,626

Discontinued Operations (Details 1)	3 Months Ended
Discontinued Operations (Details 1)	Mar. 31, 2014 USD ($)
Discontinued Operations [Abstract]
Finance revenues	$ 463,842
Interest expense-financial institution	(70,614)
Provision for credit losses	(864)
Net finance revenues	392,364
Operating expenses	(137,718)
Income from discontinued operations before income taxes	$ 254,646

- Definition

Amount after tax of income (loss) from a discontinued operation attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
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-Section 45
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-Name Accounting Standards Codification
-Topic 205
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-Name Accounting Standards Codification
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
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-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51716988&loc=d3e957-107759

+ Details

Discontinued Operations (Detail Textual) - USD ($)	3 Months Ended	12 Months Ended
Discontinued Operations (Detail Textual) - USD ($)	Mar. 31, 2015	Dec. 31, 2014
Discontinued Operations [Textual]
Asset purchase and sale agreement description	The purchase price for the Anchor Assets was equal to (1) approximately $4,445,000 which represented 110% of the total funds outstanding associated with the Portfolio Accounts which resulted in a gain of approximately $445,000 plus (2) an amount equal to 50% of the factoring fee and interest income earned by the Portfolio Accounts during the 12 month period following acquisition
Purchase price of the assets	$ 4,445,000
Gain on purchase of assets	445,000
Gain from the sale of discontinued operation	120,484	$ 788,015
Earnout payments	$ 120,484	$ 342,541

Property and Equipment (Details) - USD ($)	3 Months Ended
Property and Equipment (Details) - USD ($)	Mar. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 1,695,094	$ 1,472,298
Less: accumulated depreciation and amortization	525,393	420,601
Property and equipment, net	1,169,701	1,051,697
Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 99,982	99,982
Furniture and Fixtures \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years
Furniture and Fixtures \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	2 years
Computers and Software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 366,402	355,213
Computers and Software [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	7 years
Computers and Software [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Website and internal use software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, Gross	$ 1,228,710	$ 1,017,103
Estimated useful lives	3 years

Property and Equipment (Details Textual) - USD ($)	3 Months Ended
Property and Equipment (Details Textual) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Property And Equipment [Textual]
Depreciation and amortization expense	$ 104,792	$ 14,988

Loans Payable Shareholders (Details)		1 Months Ended	3 Months Ended
Loans Payable Shareholders (Details)	Mar. 11, 2015 USD ($)	Mar. 19, 2014 USD ($) Promissory_Note $ / shares	Mar. 31, 2015 USD ($)	Mar. 31, 2014 USD ($)	Dec. 08, 2014
Schedule Of Loan Payable To Officer [Line Items]
Promissory notes, face amount		$ 1,000,000
Interest rate of promissory note		10.00%			15.00%
Conversion price \| $ / shares		$ 0.55
Contribution to capital		$ 4,900
Number of promissory notes \| Promissory_Note		2
Interest paid			$ 36,250
Promissory Note [Member]
Schedule Of Loan Payable To Officer [Line Items]
Interest paid	$ 36,250
Morry Rubin \| Line Of Credit Promissory Note
Schedule Of Loan Payable To Officer [Line Items]
Promissory notes, face amount		$ 500,000
Major Shareholder \| Line Of Credit Promissory Note
Schedule Of Loan Payable To Officer [Line Items]
Promissory notes, face amount		$ 500,000

Loan Payable (Details) - USD ($)	Mar. 06, 2015	Mar. 31, 2015	Dec. 08, 2014	Mar. 19, 2014
Short-term Debt [Line Items]
Percentage of interest rate			15.00%	10.00%
Credit Agreement [Member]
Short-term Debt [Line Items]
Borrowed from lender	$ 25,000,000
Term of Debt	2 years
Additional debt financing to Flex shopper	$ 100,000,000
Percentage of average on drawn	Less than 80
Percentage of interest rate	15.00%
Funded agreement		$ 2,019,563

Capital Structure (Details) - USD ($)		1 Months Ended	3 Months Ended	6 Months Ended	12 Months Ended
Capital Structure (Details) - USD ($)	Mar. 06, 2015	Jan. 31, 2007	Mar. 31, 2015	Oct. 31, 2014	Dec. 31, 2014	Mar. 26, 2015
Preferred stock, par value (in dollars per share)			$ 0.001		$ 5.00
Preferred stock, shares authorized (in shares)			10,000,000		10,000,000
Preferred stock, shares outstanding			342,219		342,219
Common stock, shares authorized (in shares)			65,000,000		65,000,000
Common stock, par value			$ 0.0001		$ 0.0001
Proceeds from sale of common stock, net of $801,806 of related costs			$ 8,548,194
Preferred shares were converted					34,168 preferred shares were converted into 194,758 common shares.
Common stock, shares issued			52,015,322		35,015,322
Private Placement [Member]
Proceeds from sale of common stock, net of $801,806 of related costs				$ 6,501,100
Number of common stock shares sold				11,820,187
Debt conversion amount			$ 500,000
Common stock issued for conversion of debt, Shares			1,818,182
Common stock issued for conversion of debt			$ 1,000,000
common shares exercise price				$ 0.055
Offering Price				$ 0.55
Placement Agent [Member]
Warrants to purchase common stock				1,773,027
Board of Directors [Member]
Common stock, shares issued						4,000,000
Board of Directors [Member] \| Maximum [Member]
Common stock, shares authorized (in shares)						100,000,000
Board of Directors [Member] \| Minimum [Member]
Common stock, shares authorized (in shares)						65,000,000
Credit Agreement [Member]
Proceeds from sale of common stock, net of $801,806 of related costs	$ 8,600,000
Number of common stock shares sold	17,000,000
Purchase price per share	$ 0.55
Series 1 Convertible Preferred Stock
Preferred stock conversion into Common Stock, shares		2,000,000	2,166,246
Preferred stock conversion ratio			6.33 shares

Stock Options (Details)	3 Months Ended
Stock Options (Details)	Mar. 31, 2015 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average contractual term remaining contractual Life	2 years 4 months 24 days
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of Shares, Outstanding \| shares	3,755,000
Number of shares granted \| shares	115,000
Number of Shares, Outstanding \| shares	3,870,000
Number of shares vested and exercisable \| shares	3,314,999
Number of shares vested and exercisable expected to vest thereafter \| shares	3,817,900
Balance \| $ / shares	$ 0.87
Weighted average exercise price granted \| $ / shares	0.82
Balance \| $ / shares	0.87
Weighted average exercise price vested and exercisable \| $ / shares	0.89
Weighted average exercise price vested and exercisable expected to vest thereafter \| $ / shares	$ 0.89
Weighted average contractual term remaining contractual Life	5 years 3 months 18 days
Weighted average contractual term granted	9 years 11 months 16 days
Weighted average contractual term remaining contractual Life	5 years 2 months 9 days
Weighted average contractual term vested and exercisable	4 years 6 months 22 days
Weighted average contractual term vested and exercisable expected to vest thereafter	5 years 2 months 9 days
Aggregate Intrinsic Value, Outstanding \| $	$ 757,650
Aggregate Intrinsic Value, Outstanding \| $	697,133
Aggregate intrinsic value vested and exercisable \| $	697,133
Aggregate intrinsic value vested and exercisable expected to vest thereafter \| $	$ 697,133

Stock Options (Details 1) - Stock Options	3 Months Ended
Stock Options (Details 1) - Stock Options	Mar. 31, 2015 $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life	6 years
Expected volatility	37.00%
Dividend yield	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price	$ 0.75
Risk-free interest rate	1.64%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price	$ 0.90
Risk-free interest rate	2.70%

Stock Options (Details Textual) - USD ($)		1 Months Ended		3 Months Ended
Stock Options (Details Textual) - USD ($)	Oct. 14, 2014	Jul. 25, 2014	Mar. 24, 2014	Mar. 31, 2015	Mar. 31, 2014	Oct. 31, 2009	Jan. 31, 2007
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation				$ 13,200	$ 231,000
Remaining Contractual Life				2 years 4 months 24 days
Unrecognized compensation cost related to non-vested options				$ 220,596
Weighted average grant date fair value of options granted				$ 0.06
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period		10 years
Option Issued To Purchase Common Stock		180,000
Two Directors [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period	10 years
Option Issued To Purchase Common Stock	180,000
Officer and Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period			10 years
Option Issued To Purchase Common Stock			250,000
2007 Omnibus Equity Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common shares authorized for issuance (in shares)						4,200,000	2,100,000

Warrants (Details) - Warrants [Member]	3 Months Ended
Warrants (Details) - Warrants [Member]	Mar. 31, 2015 $ / shares
Class of Warrant or Right [Line Items]
Exercise price	$ 1.10
Term	4 years
Expected volatility	37.00%
Dividend yield	0.00%
Risk-free interest rate	0.09%

Warrants (Details 1) - Warrants [Member]	3 Months Ended
Warrants (Details 1) - Warrants [Member]	Mar. 31, 2015 $ / shares shares
Class of Warrant or Right [Line Items]
Exercise price \| $ / shares	$ 0.104
Number Outstanding \| shares	5,115,531
Exercise Price $ 1.10
Class of Warrant or Right [Line Items]
Exercise price \| $ / shares	$ 1.10
Number Outstanding \| shares	1,342,500
Weighted Average Remaining Contractual Life	3 years
Exercise Price $ 1.00
Class of Warrant or Right [Line Items]
Exercise price \| $ / shares	$ 1.00
Number Outstanding \| shares	2,000,004
Weighted Average Remaining Contractual Life	6 years
Exercise price $ 0.55
Class of Warrant or Right [Line Items]
Exercise price \| $ / shares	$ 0.55
Number Outstanding \| shares	1,773,027
Weighted Average Remaining Contractual Life	7 years

Warrants (Details Textual) - USD ($)	3 Months Ended
Warrants (Details Textual) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Class of Warrant or Right [Line Items]
Compensation expenses for issuance of warrants	$ 0	$ 2,800
Warrants [Member]
Class of Warrant or Right [Line Items]
Number of common stock shares to purchase warrant	1,342,500
Exercise price	$ 0.104
Warrants [Member] \| Warrants Extended By 31 January 2018
Class of Warrant or Right [Line Items]
Exercise price	$ 1.10

Income Taxes (Details) $ in Millions	12 Months Ended
Income Taxes (Details) $ in Millions	Dec. 31, 2014 USD ($)
Operating Loss Carryforwards [Line Items]
Operating loss carry forwards expiration period	2022 to 2034
Federal [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 4.5
State [Member]
Operating Loss Carryforwards [Line Items]
Operating Loss Carryforwards	$ 3.4

Restatement (Details) - USD ($)	3 Months Ended
Restatement (Details) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ (1,393,723)	$ (946,729)
As previously reported [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ (946,729)
Basic and diluted loss per common share	$ (0.05)
Adjustment [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ 158,529
Basic and diluted loss per common share	$ 0.01
As adjusted [Member]
Error Corrections and Prior Period Adjustments Restatement [Line Items]
Net loss	$ (788,200)
Basic and diluted loss per common share	$ (0.04)

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

Restatement (Details Textual) - USD ($)	3 Months Ended		12 Months Ended
Restatement (Details Textual) - USD ($)	Mar. 31, 2015	Mar. 31, 2014	Dec. 31, 2014
Restatement [Abstract]
Capitalized of website and software cost			$ 1,017,104
Accumulated amortization			103,222
Net adjustment	$ 913,822		$ 627,646
Quarter ended amount	158,529
Income tax benefit	$ (45,784)	$ (96,765)

Subsequent Events (Details) - USD ($)	1 Months Ended	6 Months Ended
Subsequent Events (Details) - USD ($)	Jan. 31, 2015	Oct. 31, 2014
Placement Agent [Member]
Subsequent Events (Textual)
Warrants to purchase common stock		1,773,027
Subsequent Event [Member] \| Private Placement [Member]
Subsequent Events (Textual)
Gross proceeds from the sale of stock		$ 6,501,100
Sale of stock, Shares		11,820,187
Offering price		$ 0.55
Resale of shares	11,820,187
Subsequent Event [Member] \| Placement Agent [Member]
Subsequent Events (Textual)
Term of warrants		7 years
Warrants to purchase common stock		1,773,027
Exercise price of warrants		$ 0.55