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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2016	Mar. 18, 2017	Jun. 30, 2016
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-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2016
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Public Float			$ 31,412,000
Entity Common Stock, Shares Outstanding		5,287,391

Consolidated Balance Sheets - USD ($)	Dec. 31, 2016	Dec. 31, 2015
CURRENT ASSETS:
Cash	$ 5,412,495	$ 3,396,206
Accounts receivable, net	2,181,787	752,159
Prepaid expenses	361,777	237,069
Lease merchandise, net	18,570,460	11,204,136
Total current assets	26,526,519	15,589,570
PROPERTY AND EQUIPMENT, net	2,540,514	1,797,553
OTHER ASSETS:
Intangible assets, net	20,340	23,416
Security deposits	68,251	66,758
Total other assets	88,591	90,174
Total assets	29,155,624	17,477,297
CURRENT LIABILITIES:
Accounts payable	3,917,747	1,783,929
Accrued payroll and related taxes	296,333	251,519
Accrued expenses	259,104	487,120
Total current liabilities	4,473,184	2,522,568
Loan payable under credit agreement to beneficial shareholder net of $631,488 in 2016 and $832,792 in 2015 of unamortized issuance costs	10,156,719	8,786,770
Total liabilities	14,629,903	11,309,338
COMMITMENTS (Note 12)
STOCKHOLDERS' EQUITY
Series 1 Convertible Preferred stock, $0.001 par value- authorized 2,000,000 shares, issued and outstanding 243,065 shares in 2016 and 328,197 in 2015 at $5.00 stated value	1,215,325	1,640,985
Series 2 Convertible Preferred stock, $0.001 par value- authorized 25,000 shares, issued and outstanding 21,952 shares at $1,000 stated value	21,952,000
Common stock, $0.0001 par value- authorized 100,000,000 shares, issued and Outstanding 5,287,391 shares in 2016 and 5,210,408 in 2015	529	521
Additional paid in capital	22,298,439	23,213,318
Accumulated deficit	(30,940,572)	(18,686,865)
Total stockholders' equity	14,525,721	6,167,959
Total liabilities and stockholder's equity	$ 29,155,624	$ 17,477,297

Consolidated Balance Sheets (Parentheticals) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Unamortized issuance costs	$ 631,488	$ 832,792
Common stock, par value	$ 0.0001	$ 0.0001
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	5,287,391	5,210,408
Common stock, shares outstanding	5,287,391	5,210,408
Series 1 Convertible Preferred Stock
Convertible preferred stock, par value	$ 0.001	$ 0.001
Convertible preferred stock, shares authorized	2,000,000	2,000,000
Convertible preferred stock, shares issued	243,065	328,197
Convertible preferred stock, shares outstanding	243,065	328,197
Convertible preferred stock stated value	$ 5.00	$ 5.00
Series 2 Convertible Preferred Stock
Convertible preferred stock, par value	$ 0.001	$ 0.001
Convertible preferred stock, shares authorized	25,000	25,000
Convertible preferred stock, shares issued	21,952	21,952
Convertible preferred stock, shares outstanding	21,952	21,952
Convertible preferred stock stated value	$ 1,000	$ 1,000

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Revenues:
Lease revenues and fees	$ 46,513,235	$ 20,131,063
Lease merchandise sold	1,066,350	548,999
Total revenues	47,579,585	20,680,062
Costs and expenses:
Cost of lease revenues, consisting of depreciation and impairment of lease merchandise	22,734,553	10,752,733
Cost of lease merchandise sold	687,991	314,751
Provision for doubtful accounts	13,281,242	5,647,084
Marketing	10,193,052	4,606,874
Salaries and benefits	5,946,401	4,190,606
Other operating expenses	5,064,869	3,171,180
Total costs and expenses	57,908,108	28,683,228
Operating loss	(10,328,523)	(8,003,166)
Interest expense including amortization of debt issuance costs	1,925,184	994,115
Loss from continuing operations, before income tax benefit	(12,253,707)	(8,997,281)
Income tax benefit		78,388
Loss from continuing operations	(12,253,707)	(8,918,893)
Income from discontinued operations consisting of gain from sale of discontinued operations, net of income taxes		127,789
Net loss	(12,253,707)	(8,791,104)
Cumulative dividends on Series 2 Convertible Preferred Shares	1,211,964
Net loss attributable to common shareholders	$ (13,465,671)	$ (8,791,104)
Basic and diluted (loss) income per common share:
Loss from continuing operations	$ (2.57)	$ (1.80)
Income from discontinued operations		0.00
Net loss	$ (2.57)	$ (1.80)
Weighted average common shares outstanding:
Basic and diluted	5,249,476	4,868,778

Consolidated Statements of Stockholders' Equity - USD ($)	Total	Series 1 Convertible Preferred Stock	Series 2 Convertible Preferred Stock	Common Stock	Additional Paid in Capital	Accumulated Deficit
Balance at Dec. 31, 2014	$ 6,332,269	$ 1,711,095		$ 350	$ 14,516,585	$ (9,895,761)
Balance, shares at Dec. 31, 2014		342,219		3,501,532
Provision for compensation expense related to issued stock options	78,600				78,600
Sale of common stock	9,350,000			$ 170	9,349,830
Sale of common stock, shares				1,700,000
Costs related to sale of common stock	(801,806)				(801,806)
Conversion of preferred stock to common stock		$ (70,110)		$ 1	70,109
Conversion of preferred stock to common stock, shares		(14,022)		8,876
Net loss	(8,791,104)					(8,791,104)
Balance at Dec. 31, 2015	6,167,959	$ 1,640,985		$ 521	23,213,318	(18,686,865)
Balance, shares at Dec. 31, 2015		328,197		5,210,408
Sale of Series 2 Preferred Stock	21,952,000		$ 21,952,000
Sale of Series 2 Preferred Stock, shares			21,952
Fair value of warrants issued to placement agent in conjunction with sale of Series 2 Preferred Stock	150,451				150,451
Costs related to sale of Series 2 Preferred Stock	(1,669,790)				(1,669,790)
Provision for compensation expense related to issued stock options	136,308				136,308
Conversion of preferred stock to common stock		$ (425,660)		$ 5	425,655
Conversion of preferred stock to common stock, shares		(85,132)		51,983
Exercise of stock options	42,500			$ 3	42,497
Exercise of stock options, shares				25,000
Net loss	(12,253,707)					(12,253,707)
Balance at Dec. 31, 2016	$ 14,525,721	$ 1,215,325	$ 21,952,000	$ 529	$ 22,298,439	$ (30,940,572)
Balance, shares at Dec. 31, 2016		243,065	21,952	5,287,391

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2016	Dec. 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net loss	$ (12,253,707)	$ (8,791,104)
Adjustments to reconcile net loss to net cash used in operating activities:
(Income) from discontinued operation before income taxes		(206,176)
Depreciation and impairment of lease merchandise	22,734,553	10,752,733
Other depreciation and amortization	1,566,507	1,073,041
Compensation expense related to issuance of stock options and warrants	136,308	78,600
Provision for uncollectible accounts	13,281,242	5,647,084
Changes in operating assets and liabilities:
(Increase) in accounts receivable	(14,710,870)	(6,270,409)
(Increase) in prepaid expenses and other	(124,707)	(124,995)
(Increase) in lease merchandise	(30,100,878)	(17,714,951)
(Increase) in security deposits	(1,493)	(11,755)
Increase in accounts payable	2,133,818	947,138
Increase in accrued payroll and related taxes	44,814	119,923
Increase in accrued expenses	(78,016)	139,536
Net cash used in operating activities - continuing operations	(17,372,429)	(14,361,335)
Net cash provided by operating activities - discontinued operations		205,049
Net cash (used in) operating activities	(17,372,429)	(14,156,286)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property and equipment, including capitalized software costs	(1,855,088)	(1,328,113)
Net cash (used in) investing activities	(1,855,088)	(1,328,113)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds of loans from shareholder	1,000,000	(1,000,000)
Repayment of loans from shareholder	(1,000,000)
Proceeds from loan payable under credit agreement, net of $400,000 and $1,170,501 of related costs in 2016 and 2015 respectively	4,941,359	8,449,062
Repayment of loan payable under credit agreement	(4,172,714)
Proceeds from sale of common stock, net of related costs of $801,806		8,548,194
Proceeds from exercise of stock options	42,500
Proceeds from sale of Series 2 Convertible Preferred Stock, net of related costs of $1,519,339	20,432,661
Net cash provided by financing operations	21,243,806	15,997,256
INCREASE IN CASH	2,016,289	512,857
CASH, beginning of year	3,396,206	2,883,349
CASH, end of year	5,412,495	3,396,206
Supplemental cash flow information:
Interest paid	1,459,756	443,360
Non-cash financing activities:
Conversion of preferred stock to common stock	425,660	70,110
Fees payable to lender in connection with modification of credit agreement		150,000
Warrants issued to placement agent in conjunction with sale of Series 2 Preferred Stock	$ 150,451

Consolidated Statements of Cash Flows (Parenthetical) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Statement of Cash Flows [Abstract]
Proceeds from loans payable, net of related costs	$ 400,000	$ 1,170,501
Proceeds from sale of common stock, net of related costs		801,806
Payments from sale of series 2 convertible preferred stock	$ 1,519,339

Business	12 Months Ended
Business	Dec. 31, 2016
Business [Abstract]
BUSINESS	1. 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, 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 corporation with no operations except for those conducted by FlexShopper LLC. FlexShopper LLC provides through e-commerce sites, 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 LLC to conduct operations. FlexShopper LLC together with its subsidiaries is hereafter referred to as “FlexShopper.” 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 3). The consolidated statements of operations and cash flows reflect the historical operations of Anchor as discontinued operations. We have generally presented the notes to our consolidated financial statements on the basis of continuing 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).

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+ Details

Reverse Stock Split	12 Months Ended
Reverse Stock Split	Dec. 31, 2016
Reverse Stock Split [Abstract]
REVERSE STOCK SPLIT	2. REVERSE STOCK SPLIT On October 14, 2016, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to its certificate of incorporation, which Certificate of Amendment effectuated as of October 24, 2016 at 11:59 p.m. Eastern Time (the “Effective Time”) a reverse split of the Company’s common stock by a ratio of one-for-10 (the “Reverse Split”). At the Effective Time, 52,870,398 outstanding shares of the Company’s common stock were exchanged for 5,287,040 shares of the Company’s common stock. All per share amounts and number of shares in the consolidated financial statements and related notes have been retroactively restated to reflect the Reverse Split resulting in the transfer of $3,152 from common stock to additional paid in capital at January 1, 2015. No fractional shares were, or shall be, issued in connection with the Reverse Split. A stockholder who would otherwise be entitled to receive a fractional share of common stock is entitled to receive the fractional share rounded up to the next whole share. The Reverse Split did not change the number of shares of common or preferred stock that the Company is authorized to issue, or the par value of the Company’s common or preferred stock. The Reverse Split resulted in a proportionate adjustment to the per share conversion or exercise price and the number of shares of common stock issuable upon the conversion or exercise of outstanding preferred stock, stock options and warrants, as well as the number of shares of common stock eligible for issuance under the Company’s 2007 Omnibus Equity Compensation Plan and 2015 Omnibus Equity Compensation Plan.

Summary of Significant Accounting Policies

12 Months Ended

Dec. 31, 2016

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 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 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 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, an early purchase option, or through payments of all required lease payments, generally 52 weeks, for ownership. On any current lease, 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. Commencing in the quarter ended June 30, 2016, the Company discontinued charging a separate fee upon exercise of such option. 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 accounts or credit cards. Accounts receivable are principally comprised of lease payments currently owed to FlexShopper which are past due as FlexShopper has been unable to successfully collect in the manner described above. Through June 30, 2016, an allowance for doubtful accounts was estimated by reserving all accounts in excess of four payments in arrears, adjusted for subsequent collections. Commencing in the quarter ended September 30, 2016, the estimate was revised to provide for doubtful accounts based upon revenues and historical experience of balances charged off as a percentage of revenues. The accounts receivable balances consisted of the following as of December 31, 2016 and December 31, 2015:

	December 31, 2016		December 31, 2015

Accounts receivable	$	11,690,495	$	5,479,437
Allowance for doubtful accounts		9,508,708		4,727,278
Accounts receivable, net	$	2,181,787	$	752,159

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, while collections are pursued, the same delinquent customers will continue to accrue weekly charges until they are charged off. During the years ended December 31, 2016 and 2015, $8,541,289 and $2,300,708 of accounts receivable balances respectively 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. Upon transfer of ownership of merchandise to customers resulting from satisfaction of their lease obligations, the related cost and accumulated depreciation are eliminated from lease merchandise. 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 net of any estimated salvage value with a corresponding charge to cost of lease revenue. The cost, accumulated depreciation and impairment reserve related to such merchandise are written off upon determination that no salvage value is obtainable. The impairment charge amounted to approximately $5,021,000 and $1,500,000 for the years ended December 31, 2016 and 2015 respectively. The net leased merchandise balances consisted of the following as of December 31, 2016 and 2015:

	December 31, 2016		December 31, 2015

Lease merchandise at cost	$	33,264,810	$	19,504,645
Accumulated depreciation		11,578,267		7,473,363
Impairment reserve		3,116,083		827,146
Lease merchandise, net	$	18,570,460	$	11,204,136

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 years ended December 31, 2016 and 2015 was $451,304 and $487,709 respectively.

Intangible Assets – Intangible assets consist of pending patents 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. The net patent cost balances consisted of the following as of December 31, 2016 and 2015:

	December 31, 2016		December 31, 2015

Patent costs	$	30,760	$	30,760
Accumulated amortization		10,420		7,344
Patent costs, net	$	20,340	$	23,416

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. Costs associated with minor enhancements and maintenance for the website are included in expenses as incurred. Direct costs incurred in the website’s development stage are capitalized as property and equipment. Capitalized software costs amounted to $1,773,574 and $1,142,922 for the years ended December 31, 2016 and 2015 respectively.

Operating Expenses – Operating expenses include corporate overhead expenses such as, stock based compensation, insurance, occupancy, and other administrative expenses.

Marketing costs which primarily consist of advertising are charged to expense as incurred.

Per Share Data – Per share data is computed by use of the two-class method as a result of outstanding Series 1 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 income available to common shareholders is computed by deducting both dividends declared or, if not declared, accumulated on Series 2 Convertible Preferred Stock from income from continuing operations and from net income. Loss attributable to common shareholders is computed by increasing loss from continuing operations and net loss by such dividends. Where the Company has undistributed net income available to common shareholders, basic earnings per common share is computed based on the total of any dividends paid or declared per common share plus undistributed income per common share determined by dividing net income available to common shareholders reduced by any dividends paid or declared on common and participating Series 1 Convertible 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 participating Series 1 Convertible 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 participating preferred stock has no contractual obligation to share in the losses of the Company, common shares issuable upon conversion of such 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 participating preferred stock as of the beginning of the period) or the two-class method (which assumes that the participating preferred stock is not converted) plus the potential impact of dilutive non-participating Series 2 Convertible Preferred Stock, 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:

	Year ended December 31,
	2016		2015
Series 1 Convertible Preferred Stock		147,417		207,749
Series 2 Convertible Preferred Stock		2,711,072		-
Series 2 Convertible Preferred Stock issuable upon exercise of warrants		54,217		-
Options		411,600		406,700
Warrants		511,553		511,553
		3,835,859		1,126,002

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 (BSM) 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 increased by unamortized issuance costs (see Note 7) approximates 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 December 31, 2016 and 2015, 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.

Reclassifications - Certain amounts have been reclassified in the 2015 financial statements to conform to the 2016 presentation.

Recent Accounting Pronouncements –

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers, on revenue recognition. The new standard provides for a single five-step model to be applied to all revenue contracts with customers as well as requires additional financial statement disclosures that will enable users to understand the nature, amount, timing and uncertainty of revenue and cash flows relating to customer contracts. Companies have an option to use either a retrospective approach or cumulative effect adjustment approach to implement the standard. ASU 2014-09 is effective for annual reporting periods beginning after December 15, 2017, including interim periods within that reporting period. Early adoption is permitted, but not before the original effective date of the standard. The Company is currently evaluating the impact of the new guidance including method of adoption and related financial statement disclosures, but preliminarily does not anticipate a material impact on its financial statements as a majority of the Company’s revenue generating activities are leasing arrangements which are outside the scope of the guidance.

In June 2014, the 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 adopted this guidance in 2016 which had no effect on the financial statements.

In August 2014 the FASB issued ASU 2014-15, Presentation of Financial Statements – Going Concern (Subtopic 2015-40): 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 any 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. This guidance which was adopted in 2016, had no effect on the financial statements.

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. The Company early adopted ASU 2015-03 during the quarter ended March 31, 2015. In the accompanying balance sheet at December 31, 2016 and 2015, the Company offset $631,488 and $832,792 respectively, 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 April 2015, the FASB issued ASU 2015-05, Intangibles – Goodwill and Other – Internal Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement. The amendments in this Update provide guidance to customers about whether a cloud computing arrangement includes a software license. If a cloud computing arrangement includes a software license, then the customer should account for the software license element of the arrangement consistent with the acquisition of other software licenses. If a cloud computing arrangement does not include a software license, the customer should account for the arrangement as a service contract. The guidance will not change GAAP for a customer’s accounting for service contracts. In addition, the guidance in this update supersedes paragraph 350-40-25-16. Consequently, all software licenses within the scope of Subtopic 350-40 will be accounted for consistent with other licenses of intangible assets. The amendments in this guidance which are effective for the annual periods beginning after December 15, 2015, and for interim periods therein, were adopted by the Company in the quarter ended March 31, 2016 and had no effect on the financial statements.

In November 2015, the FASB issued ASU 2015-17, Income Taxes- Balance Sheet Classification of Deferred Taxes.

To simplify the presentation of deferred income taxes, the amendments in this ASU require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. The amendments in this update apply to all entities that present a classified statement of financial position. The amendments in this Update are effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods.

In February 2016, the FASB issued ASU No. 2016-02, Leases, which is effective for fiscal years, and interim periods within those years, beginning after December 15, 2018 with early adoption permitted. Under ASU 2016-02, lessees will be required to recognize for all leases at the commencement date a lease liability, which is a lessee’s obligation to make lease payments arising from a lease measured on a discounted basis, and a right-to-use asset, which is an asset that represents the lessee’s right to use or control the use of a specified asset for the lease term. Lessor guidance is largely unchanged. The Company is currently evaluating the effect that the new guidance will have on its financial statements.

In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. ASU 2016-09 simplifies certain aspects of the accounting for share-based payment transactions, including tax consequences, classification of awards, the option to recognize stock compensation expense with actual forfeitures as they occur, and the classifications on the statement of cash flows. ASU 2016-09 is effective for annual reporting beginning after December 15, 2016, including interim periods within that reporting period, with early adoption permitted. The Company is currently evaluating the effect that the new guidance will have on its financial statements.

In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, which provides guidance on the treatment of cash receipts and cash payments for certain types of cash transactions, to eliminate diversity in practice in the presentation of the cash flow statement. The adoption of ASU 2016-15 will be required for on a retrospective basis beginning January 1, 2018, with early adoption permitted. The Company is currently evaluating the effect that this new guidance will have on its presentation of cash flows.

Discontinued Operations	12 Months Ended
Discontinued Operations	Dec. 31, 2016
Discontinued Operations [Abstract]
DISCONTINUED OPERATIONS	4. DISCONTINUED OPERATIONS: In June 2014, Anchor sold to a bank substantially all of its assets (the “Anchor Assets”), consisting primarily of its factoring portfolio. The purchase price for the Anchor Assets included an amount equal to 50% of the factoring fee and interest income earned by Anchor’s factoring portfolio during the 12 month period following acquisition (“Earnout Payments”). The Earnout Payments totaled $206,177 for the year ended December 31, 2015. In the year ended December 31, 2015, Anchor recorded a gain of $127,789 net of an income tax provision of $78,388, for the Earnout Payments received during such period, which is included in income from discontinued operations.

- 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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+ Details

Property and Equipment

12 Months Ended

Dec. 31, 2016

Property and Equipment [Abstract]

PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT:

Property and equipment consist of the following:

	Estimated Useful Lives	December 31, 2016			December 31, 2015
Furniture and fixtures	2-5 years	$	98,564		$	85,513
Website and internal use software	3 years		3,933,600			2,160,025
Computers and software	3-7 years		619,477			551,015
			4,651,641			2,796,553
Less: accumulated depreciation and amortization			(2,111,127	)		(999,000	)
		$	2,540,514		$	1,797,553

Depreciation and amortization expense was $1,112,127 and $582,257 for the years ended December 31, 2016 and 2015, respectively.

Loans Payable Shareholders	12 Months Ended
Loans Payable Shareholders	Dec. 31, 2016
Loans Payable Shareholders and Loan Payable Under Credit Agreement [Abstract]
LOANS PAYABLE SHAREHOLDERS	6. LOANS PAYABLE SHAREHOLDERS: 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^thand 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. See Note 7 regarding the loan entered into in 2016.

Loan Payable Under Credit Agreement

12 Months Ended

Dec. 31, 2016

Loans Payable Shareholders and Loan Payable Under Credit Agreement [Abstract]

LOAN PAYABLE UNDER CREDIT AGREEMENT

7. LOAN PAYABLE UNDER CREDIT AGREEMENT

On March 6, 2015, FlexShopper entered into a credit agreement (as amended from time to time, and including the Fee Letter (as defined therein), the “Credit Agreement”) with Wells Fargo Bank, National Association as paying agent, various lenders from time to time party thereto and WE 2014-1, LLC as administrative agent and lender (the “Lender”). FlexShopper is permitted to borrow, repay and reborrow 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 from the date of the Credit Agreement. The borrowing term may be extended 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 receives security interests in certain leases as collateral under the Credit Agreement. Amounts borrowed bear interest at the rate of LIBOR plus 15% per annum and a small non-usage fee is 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. Interest is payable monthly on the outstanding balance of amounts borrowed and, prior to the amendment referred to below, commencing on and after May 6, 2017, principal together with interest thereon was payable periodically through May 6, 2018, the maturity date of the loan. In January 2017 the Credit Agreement was amended to extend the Commitment Termination Date from May 6, 2017 to April 1, 2018 (See Note 13). Accordingly, commencing on or after April 1, 2018 principal together with the interest thereon is payable periodically through April 1, 2019, the amended maturity date of the loan. The accompanying consolidated balance sheet at December 31, 2016 has been adjusted to reflect the revised payment terms. As the Company anticipates that it will maintain through December 31, 2017 no less than the Amortized Order Value of its Eligible Leases and cash on hand attained at December 31, 2016, and thereby not require any repayment of principal through December 31, 2017, amounts payable under the credit Agreement are classified as non-current in the accompanying consolidated balance sheet at December 31, 2016. Interest expense incurred under the Credit Agreement for the years ended December 31, 2016 and 2015 was $1,422,630 and $407,110 respectively. As of December 31, 2016, the outstanding balance under the Credit Agreement was $10,788,208. The Company repaid $4,172,174 to the Lender in 2016 resulting primarily from the repayment of the Bridge Loan Amount upon the Equity Raise as described in the fourth amendment to the Credit Agreement.

The Credit Agreement provides that FlexShopper may not incur additional indebtedness (other than expressly permitted indebtedness) without the permission of the Lender and also prohibits dividends on common stock. The Credit Agreement includes customary events of default, including, among others, failures to make payment of principal and interest, breaches or defaults under the terms of the Credit Agreement and related agreements entered into with the Lender, breaches of representations, warranties or certifications made by or on behalf of FlexShopper in the Credit Agreement and related documents (including certain financial and expense covenants), deficiencies in the borrowing base, certain judgments against FlexShopper and bankruptcy events.

The Credit Agreement contains financial covenants requiring the Company and its subsidiaries to maintain as of the last day of each fiscal quarter during the term of the agreement minimum amounts of Unrestricted Cash and Equity Book Value and to achieve Adjusted Operating Cash Flow of not less than certain amounts during such quarters (all such terms as defined in the Credit Agreement). As of December 31, 2015, the Company was in violation of the covenant requiring an Equity Book Value of at least $7.0 million as of such date. Under the fourth amendment to the Credit Agreement described below, the Lender waived this violation. The covenant also requires the Company and its subsidiaries to maintain an Equity Book Value of at least $7 million at each of June 30, September 30 and December 31, 2016 increasing to $10 million at the end of each quarter from March 31 through December 31, 2017 (see Note 13).

On February 11, 2016, FlexShopper entered into a third amendment, (the “Third Amendment”) to the Credit Agreement which amended the Credit Agreement to, among other things, add a new financial covenant requiring FlexShopper to maintain at least $1,500,000 in Unrestricted Cash at all times.

The Third Amendment also includes a consent by the Lender to a $1,000,000 promissory note (the “Promissory Note”) in favor of Marc Malaga, FlexShopper’s Executive Vice President of Operations. Interest on the Promissory Note accrued at the rate of 15.0% per annum and all outstanding principal and accrued interest was payable on demand by Mr. Malaga. The Promissory Note which was issued in February 2016, was secured by substantially all of FlexShopper’s assets. The Promissory Note was paid in full with interest amounting to $51,250 on June 13, 2016.

On March 29, 2016, FlexShopper entered into a fourth amendment (the “Fourth Amendment”) to the Credit Agreement whereby the Lender waived the violation of the Equity Book Value covenant at December 31, 2015, as well as compliance with financial covenants (other than the unrestricted cash covenant) through the earlier of April 1, 2017 or the completion of the raising of at least $10,000,000 in equity funding (the “Equity Raise”), which occurred upon the issuance of Series 2 Convertible Preferred Stock on June 10, 2016 described in Note 9. In addition, the Fourth Amendment, among other things, provided that FlexShopper maintain Unrestricted Cash of at least $500,000 on each day and $1,000,000 at the end of each calendar month. As of December 31, 2016, FlexShopper was in compliance with the financial covenants of the Credit Agreement.

In consideration of the Fourth Amendment, FlexShopper was required to pay to the administrative agent a bridge fee of $20,000 per week until (i) the current amount of such bridge fee equals $400,000 or (ii) the completion of the Equity Raise, whichever event occurred sooner, provided that such bridge fee amounted to at least $250,000. Accordingly, the Company recorded $250,000 of deferred debt issuance costs with a corresponding amount of accrued expenses. On June 10, 2016, the Company completed an equity raise in excess of $20 million providing for the issuance and sale of shares of Series 2 Convertible Preferred Stock. During the year ended December 31, 2016, the total of the Bridge Fee and second amendment fee totaling $400,000 was paid by the Company.

Capital Structure	12 Months Ended
Capital Structure	Dec. 31, 2016
Capital Structure [Abstract]
CAPITAL STRUCTURE	8. CAPITAL STRUCTURE: The Company’s capital structure consists of preferred and common stock as described below: 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 the Company’s preferred stock. Series 1 Convertible 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 of December 31, 2015, each share of Series 1 Convertible Preferred Stock was convertible into 0.633 shares of the Company’s common stock, subject to certain anti-dilution rights. As a result of the Company entering into the Subscription Agreement referred to below, each share of Series 1 Convertible Preferred Stock became convertible into approximately 0.606 shares of the Company’s common stock. The holders 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, if any, 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, 2015, 14,022 shares of Series 1 Convertible Preferred Stock were converted into 8,876 shares of common stock. During the year ended December 31, 2016, 85,132 shares of Series 1 Convertible Preferred Stock were converted into 51,632 shares of common stock. As of December 31, 2016, there were 243,065 shares of Series 1 Convertible Preferred Stock outstanding which are convertible into 147,417 shares of common stock. Series 2 Convertible Preferred Stock – On June 10, 2016, the Company entered into a Subscription Agreement with B2 FIE V LLC (the “Investor”), an entity affiliated with Pacific Investment Management Company LLC, providing for the issuance and sale of 20,000 shares of Series 2 Convertible Preferred Stock for gross proceeds of $20.0 million. The Company sold an additional 1,952 shares of Series 2 Convertible Preferred Stock for gross proceeds of $1.95 million at a subsequent closing. Pursuant to the authority expressly granted to the Board of Directors by the provisions of the Company’s Certificate of Incorporation, the Board of Directors of the Company created and designated 25,000 shares of Series 2 Convertible Preferred Stock, par value $.001 per share (“Series 2 Preferred Shares”), by filing a Certificate of Designations with the Delaware Division of Corporations (the “Series 2 Certificate of Designations”). The Series 2 Preferred Shares were sold for $1,000 per share (the “Stated Value”) and accrue dividends on the Stated Value at an annual rate of 10% compounded annually. Each Series 2 Preferred Share is convertible at a conversion price of $8.10 into approximately 124 shares of common stock; provided, the conversion price is subject to reduction pursuant to a weighted average anti-dilution provision contained in the Series 2 Certificate of Designations. Beginning 45 days following the date of issuance of the Series 2 Preferred Shares (the “Initial Period”), the holders of the Series 2 Preferred Shares have the option to convert such shares into shares of common stock and have the right to vote with holders of common stock on an as-converted basis. If, during the two year period commencing on the date of issuance, the average closing price during any 45 consecutive trading day period equals or exceeds $17.50 per common share, or a change of control transaction (as defined in the Series 2 Certificate of Designations) values the Company’s common stock at $17.50 per share or greater; or after this two year period the average closing price during any 45 day consecutive trading day period or change of control transaction values the common stock at a price equal to or greater than $23.00 per share, then conversion shall be automatic. Upon a Liquidation Event or Deemed Liquidation Event (each as defined in the Series 2 Certificate of Designations), holders of Series 2 Preferred Shares shall be entitled to receive out of the assets of the Company prior to and in preference to the common stock and Series 1 Convertible Preferred Stock an amount equal to the greater of (1) the Stated Value, plus any accrued and unpaid dividends thereon, and (2) the amount per share as would have been payable had all Series 2 Preferred Shares been converted to common stock immediately before the Liquidation Event or Deemed Liquidation Event. Common Stock – The Company, which was authorized to issue 65,000,000 shares of $.0001 par value common stock, after obtaining stockholder approval and filing an amendment to the Company’s Certificate of Incorporation with the Secretary of State of the State of Delaware, increased its authorized shares to 100,000,000 in September 2015. Each share of common stock entitles the holder to one vote at all stockholder meetings. In connection with entering into the Credit Agreement on March 6, 2015, the Company raised approximately $8.6 million in net proceeds through direct sales of 1.7 million shares of its common stock to certain affiliates of the Lender and other accredited investors for a purchase price of $5.50 per share. As a result of the sale to certain affiliates, the Lender is considered a beneficial shareholder of the Company. On March 17, 2016, the Company’s stockholders, acting by written consent, approved an amendment to the Certificate of Incorporation to effect a reverse stock split of the Company’s common stock. On October 14, 2016, the Company filed with the Secretary of State of the State of Delaware a certificate of amendment (the “Certificate of Amendment”) to its certificate of incorporation, which Certificate of Amendment effectuated as of October 24, 2016 at 11:59 p.m. Eastern Time (the “Effective Time”) the Reverse Split by a ratio of one-for-10 (see Note 4).

- 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

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+ Details

Stock Options

12 Months Ended

Dec. 31, 2016

Stock Options [Abstract]

STOCK OPTIONS

9. STOCK OPTIONS

On January 31, 2007, the Board of Directors adopted our 2007 Omnibus Equity Compensation Plan (the “2007 Plan”), with 210,000 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 420,000 shares. On March 26, 2015, the Board adopted our 2015 Omnibus Equity Compensation Plan (the “2015 Plan”), with 400,000 common shares authorized for issuance under the 2015 Plan, which was ratified by the Company’s stockholders on September 15, 2015. The 2007 Plan and 2015 Plan are collectively referred to as the “Plans.” Grants under the Plans 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 Plans. Options granted under the Plans vest over periods ranging from immediately upon grant to a three year period and expire ten years from date of grant. 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.

Activity in stock options for the year ended December 31, 2016 follows:

	Number of shares			Weighted average exercise price		Weighted average contractual term (years)		Aggregate intrinsic value
Outstanding at January 1, 2016		406,700		$	8.50
Granted		70,700			5.70
Canceled		(40,800	)		6.70
Exercised		(25,000	)		1.70
Outstanding at December 31, 2016		411,600		$	8.63		3.64	$	171,860
Vested and exercisable at December 31, 2016		348,101		$	9.16		3.64	$	146,203
Vested and exercisable at December 31, 2016 and expected to vest thereafter		406,300		$	8.63		4.48	$	171,860

The weighted average grant date fair value of options granted during 2015 and 2016 was $1.49 and $1.66 per share respectively. 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			2016
Exercise price	$	6.00 to $9.00		$	4.90 to $6.60
Expected life		6 years			5.5 years
Expected volatility		35	%		38	%
Dividend yield		0	%		0	%
Risk-free interest rate		1.35% to 2.70	%		1.13% to 1.73	%

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 $136,308 and $78,600 for the years ended December 31, 2016 and 2015, respectively. Unrecognized compensation cost related to non-vested options at December 31, 2016 amounted to $90,122 which is expected to be recognized over a weighted average period of 1.57 years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Warrants

12 Months Ended

Dec. 31, 2016

Warrants [Abstract]

WARRANTS

10. WARRANTS:

On June 24, 2016, the Company granted warrants to one of the Company’s placement agents to purchase 439 shares of the Company’s Series 2 Convertible Preferred Stock at an initial exercise price of $1,250 per share. The exercise price and aggregate number of shares are subject to adjustment as set forth in the agreement.

The following information was input into the Black Scholes pricing model to compute a fair value of $342.71 for each warrant for a total fair value of $150,451.

Exercise price	$	1,250
Expected life		7 years
Expected volatility		38	%
Dividend yield		0	%
Risk-free interest rate		1.35	%

The following table summarizes information about outstanding stock warrants as of December 31, 2016, all of which are exercisable:

				Series 2 Preferred		Weighted Average
Exercise		Common Stock Warrants		Stock Warrants		Remaining
Price		Outstanding		Outstanding		Contractual Life

$	11.00		134,250			2 years
$	10.00		200,000			4 years
$	5.50		177,303			5 years
$	1,250		-		439	7 years
			511,553		439

Income Taxes

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

INCOME TAXES

11. INCOME TAXES:

For the year ended December 31, 2015, the income tax benefit allocated to continuing operations represents the tax benefit from utilizing the loss from continuing operations to offset income from discontinued operations. A corresponding tax provision was charged to discontinued operations.

Reconciliation of the benefit for income taxes from continuing operations recorded in the consolidated statement of operations with the amounts computed at the statutory federal tax rate of 34% as follows:

	2016			2015

Federal tax benefit at statutory rate	$	(4,167,000	)	$	(3,059,000	)
State tax benefit, net of federal tax		(293,000	)		(436,000	)
Permanent differences		43,000			(14,000
Change in statutory rate		216,000			(133,000
Increase in valuation allowance		4,075,000			3,564,000
Other		126,000			-
Benefit for income taxes	$	-		$	(78,000	)

Tax affected components of deferred tax assets and deferred tax liabilities at December 31, 2016 and 2015 were as follows:

	2016			2015
Deferred tax assets:
Equity based compensation	$	254,000		$	266,000
Allowance for doubtful accounts		3,462,000			1,844,000
Lease merchandise		813,000			1,139,000
Fixed assets		11,000			-
Lease Impairment		1,135,000			12,000
Net operating loss carry-forwards		4,668,000			3,354,000
State loss carry forward		338,000

Gross deferred tax assets		10,681,000			6,615,000
Valuation allowance		(10,681,000	)		(6,606,000	)
Net deferred tax assets		-			9,000
Deferred tax liabilities:
Fixed assets		-			(9,000	)
	$	-		$	-

Based on consideration of the available evidence including historical losses a valuation allowance has been recognized to offset deferred tax assets, as management was unable to conclude that realization of deferred tax assets were more likely than not.

As of December 31, 2016, the Company has federal net operating loss carryforwards of approximately $13,731,000 and state net operating loss carryforwards of approximately $9,275,000 available to offset future taxable income which expire from 2023 to 2036.

Section 382 of the Internal Revenue Code imposes a limitation on a corporation's ability to utilize net operating loss carryforwards (“NOLs”) if it experiences an “ownership change.” In general, an ownership change may result from transactions increasing the ownership of certain stockholders in the stock of a corporation by more than 50 percentage points over a three-year period. The Company has performed a formal Section 382 study and determined an ownership change has occurred.

The Company files tax returns in the U.S. federal jurisdiction and various states. At December 31, 2016, federal tax returns remained open for Internal Revenue Service review for tax years after 2013, while state tax returns remain open for review by state taxing authorities for tax years after 2012. There were no federal or state income tax audits being conducted as of December 31, 2016.

Commitments

12 Months Ended

Dec. 31, 2016

Commitments [Abstract]

COMMITMENTS

12. COMMITMENTS:

Lease Commitments

On August 1, 2013, FlexShopper entered into a 39 month lease of office space providing for monthly rent of approximately $6,800. This lease agreement was amended in January 2014 to reflect a 63 month term for a larger suite in an adjoining building. Upon commencement, the monthly base rent for the first year approximated $9,600 with annual three percent increases throughout the lease term.

On September 1, 2015, FlexShopper entered into a 48 month lease for additional office space in Fort Lauderdale, Florida to accommodate our call and customer service center. The monthly base rent including operating expenses is approximately $5,200 with annual three percent increases throughout the lease term.

The rental expense for the years ended December 31, 2016 and 2015 was approximately $274,300 and $222,600, respectively. At December 31, 2016, the future minimum annual lease payments are approximately as follows:

2017	$	190,200
2018		195,900
2019		122,400
	$	508,500

Subsequent Event	12 Months Ended
Subsequent Event	Dec. 31, 2016
Subsequent Event [Abstract]
SUBSEQUENT EVENT	13. SUBSEQUENT EVENT: On January 27, 2017, FlexShopper, Inc. through a wholly-owned indirect subsidiary, entered into the fifth amendment (the Omnibus Amendment) to the Credit Agreement originally entered into on March 6, 2015 by and among the Borrower and WE 2014-1, LLC, an affiliate of Waterfall Asset Management, LLC, and certain other lenders thereunder from time to time. The Omnibus Amendment amended the Credit Agreement to, among other things, (1) extend the Commitment Termination Date (as defined in the Credit Agreement) from May 6, 2017 to April 1, 2018 (with a one-time right of extension by the lenders up to August 31, 2018), (2) require the Borrower to refinance the debt under the Credit Agreement upon a Permitted Change of Control (as defined in the Credit Agreement), subject to the payment of an early termination fee, and (3) modify certain permitted debt and financial covenants. These modified covenants consist of a reduction of Equity Book Value to not be less than the sum of $6 million and 20% of any additional equity capital invested into the Company after December 31, 2016; maintaining at least $1.5 million in Unrestricted cash; and to have the ratio of Consolidated Total Debt to Equity Book Value not exceed 4.75:1.

Summary of Significant Accounting Policies (Policies)

12 Months Ended

Dec. 31, 2016

Summary of Significant Accounting Policies [Abstract]

Principles of Consolidation

Estimates

Revenue Recognition

Accounts Receivable and Allowance for Doubtful Accounts

	December 31, 2016		December 31, 2015

Accounts receivable	$	11,690,495	$	5,479,437
Allowance for doubtful accounts		9,508,708		4,727,278
Accounts receivable, net	$	2,181,787	$	752,159

Lease Merchandise

	December 31, 2016		December 31, 2015

Lease merchandise at cost	$	33,264,810	$	19,504,645
Accumulated depreciation		11,578,267		7,473,363
Impairment reserve		3,116,083		827,146
Lease merchandise, net	$	18,570,460	$	11,204,136

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

Deferred Debt Issuance Costs

Intangible Assets

	December 31, 2016		December 31, 2015

Patent costs	$	30,760	$	30,760
Accumulated amortization		10,420		7,344
Patent costs, net	$	20,340	$	23,416

Software Costs

Operating Expenses

Operating Expenses – Operating expenses include corporate overhead expenses such as, stock based compensation, insurance, occupancy, and other administrative expenses.

Marketing costs which primarily consist of advertising are charged to expense as incurred.

Per Share Data

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:

	Year ended December 31,
	2016		2015
Series 1 Convertible Preferred Stock		147,417		207,749
Series 2 Convertible Preferred Stock		2,711,072		-
Series 2 Convertible Preferred Stock issuable upon exercise of warrants		54,217		-
Options		411,600		406,700
Warrants		511,553		511,553
		3,835,859		1,126,002

Stock Based Compensation

Fair Value of Financial Instruments

Fair Value of Financial Instruments – The carrying value of loans payable under the Credit Agreement increased by unamortized issuance costs (see Note 7) approximates fair value.

Income Taxes

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

Reclassifications

Reclassifications - Certain amounts have been reclassified in the 2015 financial statements to conform to the 2016 presentation.

Recent Accounting Pronouncements

Recent Accounting Pronouncements –

In November 2015, the FASB issued ASU 2015-17, Income Taxes- Balance Sheet Classification of Deferred Taxes.

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2016

Summary of Significant Accounting Policies [Abstract]

Schedule of accounts receivable

	December 31, 2016		December 31, 2015

Accounts receivable	$	11,690,495	$	5,479,437
Allowance for doubtful accounts		9,508,708		4,727,278
Accounts receivable, net	$	2,181,787	$	752,159

Schedule of lease merchandise

	December 31, 2016		December 31, 2015

Lease merchandise at cost	$	33,264,810	$	19,504,645
Accumulated depreciation		11,578,267		7,473,363
Impairment reserve		3,116,083		827,146
Lease merchandise, net	$	18,570,460	$	11,204,136

Schedule of intangible assets net patent cost balances

	December 31, 2016		December 31, 2015

Patent costs	$	30,760	$	30,760
Accumulated amortization		10,420		7,344
Patent costs, net	$	20,340	$	23,416

Schedule of antidilutive securities excluded from computation of earnings per share

	Year ended December 31,
	2016		2015
Series 1 Convertible Preferred Stock		147,417		207,749
Series 2 Convertible Preferred Stock		2,711,072		-
Series 2 Convertible Preferred Stock issuable upon exercise of warrants		54,217		-
Options		411,600		406,700
Warrants		511,553		511,553
		3,835,859		1,126,002

Property and Equipment (Tables)

12 Months Ended

Dec. 31, 2016

Property and Equipment [Abstract]

Schedule of property and equipment

	Estimated Useful Lives	December 31, 2016			December 31, 2015
Furniture and fixtures	2-5 years	$	98,564		$	85,513
Website and internal use software	3 years		3,933,600			2,160,025
Computers and software	3-7 years		619,477			551,015
			4,651,641			2,796,553
Less: accumulated depreciation and amortization			(2,111,127	)		(999,000	)
		$	2,540,514		$	1,797,553

Stock Options (Tables)

12 Months Ended

Dec. 31, 2016

Stock Options [Abstract]

Schedule of information about stock options

	Number of shares			Weighted average exercise price		Weighted average contractual term (years)		Aggregate intrinsic value
Outstanding at January 1, 2016		406,700		$	8.50
Granted		70,700			5.70
Canceled		(40,800	)		6.70
Exercised		(25,000	)		1.70
Outstanding at December 31, 2016		411,600		$	8.63		3.64	$	171,860
Vested and exercisable at December 31, 2016		348,101		$	9.16		3.64	$	146,203
Vested and exercisable at December 31, 2016 and expected to vest thereafter		406,300		$	8.63		4.48	$	171,860

Schedule of option input into a Black Scholes option pricing model

	2015			2016
Exercise price	$	6.00 to $9.00		$	4.90 to $6.60
Expected life		6 years			5.5 years
Expected volatility		35	%		38	%
Dividend yield		0	%		0	%
Risk-free interest rate		1.35% to 2.70	%		1.13% to 1.73	%

Warrants (Tables)

12 Months Ended

Dec. 31, 2016

Warrants [Abstract]

Schedule of warrants, valuation assumptions

Exercise price	$	1,250
Expected life		7 years
Expected volatility		38	%
Dividend yield		0	%
Risk-free interest rate		1.35	%

Summary of outstanding stock warrants

				Series 2 Preferred		Weighted Average
Exercise		Common Stock Warrants		Stock Warrants		Remaining
Price		Outstanding		Outstanding		Contractual Life

$	11.00		134,250			2 years
$	10.00		200,000			4 years
$	5.50		177,303			5 years
$	1,250		-		439	7 years
			511,553		439

- Definition

Tabular disclosure of warrants or rights issued. Warrants and rights outstanding are derivative securities that give the holder the right to purchase securities (usually equity) from the issuer at a specific price within a certain time frame. Warrants are often included in a new debt issue to entice investors by a higher return potential. The main difference between warrants and call options is that warrants are issued and guaranteed by the company, whereas options are exchange instruments and are not issued by the company. Also, the lifetime of a warrant is often measured in years, while the lifetime of a typical option is measured in months. Disclose the title of issue of securities called for by warrants and rights outstanding, the aggregate amount of securities called for by warrants and rights outstanding, the date from which the warrants or rights are exercisable, and the price at which the warrant or right is exercisable.

+ References + Details

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2016

Income Taxes [Abstract]

Schedule of reconciliation of the benefit for income taxes from continuing operations

	2016			2015

Federal tax benefit at statutory rate	$	(4,167,000	)	$	(3,059,000	)
State tax benefit, net of federal tax		(293,000	)		(436,000	)
Permanent differences		43,000			(14,000
Change in statutory rate		216,000			(133,000
Increase in valuation allowance		4,075,000			3,564,000
Other		126,000			-
Benefit for income taxes	$	-		$	(78,000	)

Schedule of deferred tax assets and liabilities

	2016			2015
Deferred tax assets:
Equity based compensation	$	254,000		$	266,000
Allowance for doubtful accounts		3,462,000			1,844,000
Lease merchandise		813,000			1,139,000
Fixed assets		11,000			-
Lease Impairment		1,135,000			12,000
Net operating loss carry-forwards		4,668,000			3,354,000
State loss carry forward		338,000

Gross deferred tax assets		10,681,000			6,615,000
Valuation allowance		(10,681,000	)		(6,606,000	)
Net deferred tax assets		-			9,000
Deferred tax liabilities:
Fixed assets		-			(9,000	)
	$	-		$	-

Commitments (Tables)

12 Months Ended

Dec. 31, 2016

Commitments [Abstract]

Schedule of future minimum annual lease payments

2017	$	190,200
2018		195,900
2019		122,400
	$	508,500

Business (Details)	12 Months Ended
Business (Details)	Dec. 31, 2016
Business (Textual)
Limited liability percentage of FlexShopper, LLC	100.00%

Reverse Stock Split (Details) - USD ($)	1 Months Ended
Reverse Stock Split (Details) - USD ($)	Oct. 24, 2016	Dec. 31, 2016	Dec. 31, 2015
Reverse Stock Split (Textual)
Reverse stock split, Description	One-for-10
Common stock, shares outstanding		5,287,391	5,210,408
Outstanding shares	52,870,398
Reverse split, transfer	$ 3,152

Summary of Significant Accounting Policies (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Accounts receivable	$ 11,690,495	$ 5,479,437
Allowance for doubtful accounts	9,508,708	4,727,278
Accounts receivable, net	$ 2,181,787	$ 752,159

Summary of Significant Accounting Policies (Details 1) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Lease merchandise at cost	$ 33,264,810	$ 19,504,645
Accumulated depreciation	11,578,267	7,473,363
Impairment reserve	3,116,083	827,146
Lease merchandise, net	$ 18,570,460	$ 11,204,136

Summary of Significant Accounting Policies (Details 2) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Summary of Significant Accounting Policies [Abstract]
Patent costs	$ 30,760	$ 30,760
Accumulated amortization	10,420	7,344
Patent costs, net	$ 20,340	$ 23,416

Summary of Significant Accounting Policies (Details 3) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	3,835,859	1,126,002
Series 1 Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	147,417	207,749
Series 2 Convertible Preferred Stock [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	2,711,072
Series 2 Convertible Preferred Stock issuable upon exercise of warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	54,217
Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	411,600	406,700
Warrants [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share	511,553	511,553

Summary of Significant Accounting Policies (Details Textual) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Summary of Significant Accounting Policies (Textual)
Amortization method	Straight line method
Accounts receivable charged off against allowance	$ 8,541,289	$ 2,300,708
Impairment charge	5,021,000	1,500,000
Capitalized software costs	1,773,574	1,142,922
Amortization	$ 451,304	487,709
Useful life of patent	10 years
Concentration risk, percentage	50.00%
Flexible options to obtain ownership description	<div>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.</div>
Unamortized debt issuance costs	$ 631,488	$ 832,792
Revenue recognition description	Through a 90 day same as cash option, an early purchase option, or through payments of all required lease payments, generally 52 weeks, for ownership.

Discontinued Operations (Details) - USD ($)	1 Months Ended	12 Months Ended
Discontinued Operations (Details) - USD ($)	Jun. 30, 2014	Dec. 31, 2016	Dec. 31, 2015
Discontinued Operations (Textual)
Asset purchase and sale agreement description	The purchase price for the Anchor Assets included an amount equal to 50% of the factoring fee and interest income earned by Anchor's factoring portfolio during the 12 month period following acquisition ("Earnout Payments").
Gain on sale of discontinued assets			$ 127,789
Earnout Payments			206,177
Income tax benefit			$ 78,388

Property and Equipment (Details) - USD ($)	12 Months Ended
Property and Equipment (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 4,651,641	$ 2,796,553
Less: accumulated depreciation and amortization	(2,111,127)	(999,000)
Property and equipment, net	2,540,514	1,797,553
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 98,564	85,513
Furniture and fixtures [Member] \| Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	5 years
Furniture and fixtures [Member] \| Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated Useful Lives	2 years
Website and internal use software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 3,933,600	2,160,025
Estimated Useful Lives	3 years
Computers and software [Member]
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 619,477	$ 551,015
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

Property and Equipment (Details Textual) - USD ($)	12 Months Ended
Property and Equipment (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Property and Equipment (Textual)
Depreciation and amortization expense	$ 1,112,127	$ 582,257

Loans Payable Shareholders (Details) - USD ($)		12 Months Ended
Loans Payable Shareholders (Details) - USD ($)	Mar. 11, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 18, 2014	Dec. 08, 2014
Loans Payable Shareholders (Textual)
Interest paid		$ 1,459,756	$ 443,360
Promissory Note [Member]
Loans Payable Shareholders (Textual)
Promissory note, face amount					$ 1,000,000
Note payable, increments				$ 500,000	$ 500,000
Interest rate of promissory note				15.00%	15.00%
Interest paid	$ 36,250

Loan Payable Under Credit Agreement (Details) - USD ($)			12 Months Ended
Loan Payable Under Credit Agreement (Details) - USD ($)	Jun. 13, 2016	Mar. 06, 2015	Dec. 31, 2016	Dec. 31, 2015	Feb. 11, 2016
Loan Payable Under Credit Agreement (Textual)
Interest expense			$ 1,925,184	$ 994,115
Fourth amendment to Credit Agreement, Description			<div>In consideration of the Fourth Amendment, FlexShopper was required to pay to the administrative agent a bridge fee of $20,000 per week until (i) the current amount of such bridge fee equals $400,000 or (ii) the completion of the Equity Raise, whichever event occurred sooner, provided that such bridge fee amounted to at least $250,000. Accordingly, the Company recorded $250,000 of deferred debt issuance costs with a corresponding amount of accrued expenses. On June 10, 2016, the Company completed an equity raise in excess of $20 million providing for the issuance and sale of shares of Series 2 Convertible Preferred Stock. During the year ended December 31, 2016, the total of the Bridge Fee and second amendment fee totaling $400,000 was paid by the Company.</div>
Bridge fee and second amendment fee			$ 400,000
Repayment of loans payable			$ 4,172,714
Commitment termination, description			<div>In January 2017 the Credit Agreement was amended to extend the Commitment Termination Date from May 6, 2017 to April 1, 2018 (See Note 13). Accordingly, commencing on or after April 1, 2018 principal together with the interest thereon is payable periodically through April 1, 2019, the amended maturity date of the loan.</div>
Credit Agreement [Member]
Loan Payable Under Credit Agreement (Textual)
Borrowed from lender		$ 25,000,000
Term of debt		2 years
Additional debt financing to FlexShopper		$ 100,000,000
Percentage of average undrawn amount		Less than 80
Percentage of interest rate		15.00%
Maturity date of loan			May 06, 2018
Interest expense			$ 1,422,630	$ 407,110
Funded amount			$ 10,788,208
Description of Violation or event of debt default				Company was in violation of the covenant requiring an Equity Book Value of at least $7.0 million as of such date. Under the fourth amendment to the Credit Agreement described below, the Lender waived this violation. The covenant also requires the Company and its subsidiaries to maintain an Equity Book Value of at least $7 million at each of June 30, September 30 and December 31, 2016 increasing to $10 million at the end of each quarter from March 31 through December 31, 2017.
Unrestricted cash					$ 1,500,000
Fourth amendment to Credit Agreement, Description			<div>On March 29, 2016, FlexShopper entered into a fourth amendment (the “Fourth Amendment”) to the Credit Agreement whereby the Lender waived the violation of the Equity Book Value covenant at December 31, 2015, as well as compliance with financial covenants (other than the unrestricted cash covenant) through the earlier of April 1, 2017 or the completion of the raising of at least $10,000,000 in equity funding (the “Equity Raise”), which occurred upon the issuance of Series 2 Convertible Preferred Stock on June 10, 2016 described in Note 9. In addition, the Fourth Amendment, among other things, provided that FlexShopper maintain Unrestricted Cash of at least $500,000 on each day and $1,000,000 at the end of each calendar month. As of December 31, 2016, FlexShopper was in compliance with the financial covenants of the Credit Agreement.</div>
Debt issuance costs			$ 250,000
Credit Agreement [Member] \| Marc Malaga [Member]
Loan Payable Under Credit Agreement (Textual)
Percentage of interest rate			15.00%
Lender to promissory note			$ 1,000,000
Payment of Promissory Note with interest	$ 51,250

Capital Structure (Details) - USD ($)			1 Months Ended		12 Months Ended
Capital Structure (Details) - USD ($)	Jun. 10, 2016	Mar. 06, 2015	Oct. 24, 2016	Jan. 31, 2007	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015
Capital Structure (Textual)
Common stock, shares authorized (in shares)					100,000,000	100,000,000
Common stock, par value					$ 0.0001	$ 0.0001
Proceeds from sale of stock						$ 8,548,194
Common stock voting rights, Description					Each share of Common Stock entitles the holder to one vote at all stockholder meetings.
Reverse stock split, Description			One-for-10
Director [Member]
Capital Structure (Textual)
Preferred stock, par value (in dollars per share)					$ 0.001
Preferred stock, shares authorized (in shares)					10,000,000
Common Stock [Member]
Capital Structure (Textual)
Common stock, shares authorized (in shares)							100,000,000
Common stock shares, Description					The Company, which was authorized to issue 65,000,000 shares of $.0001 par value common stock, after obtaining stockholder approval and filing an amendment.
Conversion of preferred stock to common stock, shares					51,983	8,876
Credit Agreement [Member]
Capital Structure (Textual)
Proceeds from sale of stock		$ 8,600,000
Sale of common stock shares		1,700,000
Purchase price per share		$ 5.50
Series 1 Convertible Preferred Stock [Member]
Capital Structure (Textual)
Preferred stock, shares outstanding						328,197
Preferred stock conversion into common stock, shares				2,000,000	147,417
Convertible preferred stock, terms of conversion, Description					243,065 shares of Series 1 Convertible Preferred Stock outstanding which are convertible into 147,417 shares of common stock.	14,022 shares of Series 1 Convertible Preferred Stock were converted into 8,876 shares of common stock.
Convertible preferred stock, shares issued upon conversion						14,022
Convertible, conversion price per share						$ 0.633
Conversion of preferred stock to common stock, shares					85,132
Series 1 Convertible Preferred Stock [Member] \| Preferred Stock Subscription Agreement [Member]
Capital Structure (Textual)
Convertible, conversion price per share						0.606
Series 2 Convertible Preferred Stock [Member]
Capital Structure (Textual)
Preferred stock, par value (in dollars per share)	$ 0.001				$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	25,000				25,000	25,000
Preferred stock, shares outstanding					21,952	21,952
Proceeds from sale of stock	$ 20,000,000
Convertible preferred stock, terms of conversion, Description	Each Series 2 Preferred Share is convertible at a conversion price of $8.10 into approximately 124 shares of common stock; provided, the conversion price is subject to reduction pursuant to a weighted average anti-dilution provision contained in the Series 2 Certificate of Designations. Beginning 45 days following the date of issuance of the Series 2 Preferred Shares (the "Initial Period"), the holders of the Series 2 Preferred Shares have the option to convert such shares into shares of common stock and have the right to vote with holders of common stock on an as-converted basis. If, during the two year period commencing on the date of issuance, the average closing price during any 45 consecutive trading day period equals or exceeds $17.50 per common share, or a change of control transaction (as defined in the Series 2 Certificate of Designations) values the Company's common stock at $17.50 per share or greater; or after this two year period the average closing price during any 45 day consecutive trading day period or change of control transaction values the common stock at a price equal to or greater than $23.00 per share, then conversion shall be automatic.
Convertible preferred stock, shares issued upon conversion	20,000
Convertible preferred stock stated value	$ 1,000				$ 1,000	$ 1,000
Additional gross proceeds from sale of stock	$ 1,950,000
Additional sale of shares	1,952

Stock Options (Details) - Stock option [Member]	12 Months Ended
Stock Options (Details) - Stock option [Member]	Dec. 31, 2016 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares, Outstanding \| shares	406,700
Number of shares, Granted \| shares	70,700
Number of shares, Canceled \| shares	(40,800)
Number of shares, Exercised \| shares	(25,000)
Number of shares, Outstanding \| shares	411,600
Number of shares, vested and exercisable \| shares	348,101
Number of shares, vested and exercisable expected to vest thereafter \| shares	406,300
Weighted average exercise price, Balance \| $ / shares	$ 8.50
Weighted average exercise price, Granted \| $ / shares	5.70
Weighted average exercise price, Canceled \| $ / shares	6.70
Weighted average exercise price, Exercised \| $ / shares	1.70
Weighted average exercise price, Balance \| $ / shares	8.63
Weighted average exercise price vested and exercisable \| $ / shares	9.16
Weighted average exercise price, vested and exercisable expected to vest thereafter \| $ / shares	$ 8.63
Weighted average contractual term (years)	3 years 7 months 21 days
Weighted average contractual term, vested and exercisable (years)	3 years 7 months 21 days
Weighted average contractual term, vested and exercisable expected to vest thereafter (years)	4 years 5 months 23 days
Aggregate intrinsic value, Outstanding \| $	$ 171,860
Aggregate intrinsic value, vested and exercisable \| $	146,203
Aggregate intrinsic value, vested and exercisable expected to vest thereafter \| $	$ 171,860

Stock Options (Details 1) - Stock option [Member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected life	5 years 6 months	6 years
Expected volatility	38.00%	35.00%
Dividend yield	0.00%	0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price	$ 4.90	$ 6.00
Risk-free interest rate	1.13%	1.35%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercise price	$ 6.60	$ 9.00
Risk-free interest rate	1.73%	2.70%

Stock Options (Details Textual) - USD ($)	12 Months Ended
Stock Options (Details Textual) - USD ($)	Dec. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Oct. 31, 2009	Jan. 31, 2007
Stock Options (Textual)
Weighted average grant date fair value of options granted	$ 1.66	$ 1.49
Unrecognized compensation cost related to non vested options	$ 90,122
Remaining Contractual Life	1 year 6 months 26 days
Compensation expense	$ 136,308	$ 78,600
Stock options granted period, Description	<div>Options granted under the Plans vest over periods ranging from immediately upon grant to a three year period and expire ten years from date of grant. 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.</div>
2015 Stock Option Plan [Member]
Stock Options (Textual)
Common shares authorized for issuance (in shares)			400,000
2007 Omnibus Equity Compensation Plan [Member]
Stock Options (Textual)
Common shares authorized for issuance (in shares)				420,000	210,000

Warrants (Details) - Warrant [Member]	12 Months Ended
Warrants (Details) - Warrant [Member]	Dec. 31, 2016 $ / shares
Class of Warrant or Right [Line Items]
Exercise price	$ 1,250
Expected life	7 years
Expected volatility	38.00%
Dividend yield	0.00%
Risk-free interest rate	1.35%

Warrants (Details 1) - Warrants [Member]	12 Months Ended
Warrants (Details 1) - Warrants [Member]	Dec. 31, 2016 $ / shares shares
Class of Warrant or Right [Line Items]
Common Stock Warrants Outstanding	511,553
Series 2 Preferred Stock Warrants Outstanding	439
Exercise Price $ 11.00 [Member]
Class of Warrant or Right [Line Items]
Exercise Price \| $ / shares	$ 11.00
Common Stock Warrants Outstanding	134,250
Weighted Average Remaining Contractual Life	2 years
Exercise Price $ 10.00 [Member]
Class of Warrant or Right [Line Items]
Exercise Price \| $ / shares	$ 10.00
Common Stock Warrants Outstanding	200,000
Weighted Average Remaining Contractual Life	4 years
Exercise price $ 5.50 [Member]
Class of Warrant or Right [Line Items]
Exercise Price \| $ / shares	$ 5.50
Common Stock Warrants Outstanding	177,303
Weighted Average Remaining Contractual Life	5 years
Exercise price 1,250 [Member]
Class of Warrant or Right [Line Items]
Exercise Price \| $ / shares	$ 1,250
Common Stock Warrants Outstanding
Weighted Average Remaining Contractual Life	7 years
Series 2 Preferred Stock Warrants Outstanding	439

Warrants (Details Textual) - Warrant [Member] - USD ($)		12 Months Ended
Warrants (Details Textual) - Warrant [Member] - USD ($)	Jun. 24, 2016	Dec. 31, 2016
Warrants (Textual)
Warrant total fair value		$ 150,451
Fair value of each warrant		$ 342.71
Series 2 preferred stock warrants outstanding		439
Series 2 Convertible Preferred Stock [Member]
Warrants (Textual)
Exercise price	$ 1,250
Series 2 preferred stock warrants outstanding	439

Income Taxes (Details) - USD ($)	12 Months Ended
Income Taxes (Details) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Income Taxes [Abstract]
Federal tax benefit at statutory rate	$ (4,167,000)	$ (3,059,000)
State tax benefit, net of federal tax	(293,000)	(436,000)
Permanent differences	43,000	(14,000)
Change in statutory rate	216,000	(133,000)
Increase in valuation allowance	4,075,000	3,564,000
Other	126,000
Benefit for income taxes		$ (78,388)

Income Taxes (Details 1) - USD ($)	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets:
Equity based compensation	$ 254,000	$ 266,000
Allowance for doubtful accounts	3,462,000	1,844,000
Lease merchandise	813,000	1,139,000
Fixed assets	11,000
Lease Impairment	1,135,000	12,000
Net operating loss carry-forwards	4,668,000	3,354,000
State loss carry forward	338,000
Gross deferred tax assets	10,681,000	6,615,000
Valuation allowance	(10,681,000)	(6,606,000)
Net deferred tax assets		9,000
Deferred tax liabilities:
Fixed assets		(9,000)
Net deferred tax liabilities

Income Taxes (Details Textual)	12 Months Ended
Income Taxes (Details Textual)	Dec. 31, 2016 USD ($)
Income Taxes (Textual)
Statutory federal tax rate percentage	34.00%
Operating loss carryforwards expiration period	2023 to 2036
Stockholders ownership description	More than 50 percentage points over a three-year period.
Federal [Member]
Income Taxes (Textual)
Net operating loss carryforwards	$ 13,731,000
State [Member]
Income Taxes (Textual)
Net operating loss carryforwards	$ 9,275,000

Commitments (Details)	Dec. 31, 2016 USD ($)
Commitments [Abstract]
2017	$ 190,200
2018	195,900
2019	122,400
Total	$ 508,500

Commitments (Details Textual) - USD ($)			12 Months Ended
Commitments (Details Textual) - USD ($)	Sep. 01, 2015	Aug. 01, 2013	Dec. 31, 2016	Dec. 31, 2015
Commitments (Textual)
Rental expense		$ 6,800	$ 274,300	$ 222,600
Description of leasing arrangements		This lease agreement was amended in January 2014 to reflect a 63 month term for a larger suite in an adjoining building.
Monthly rent	$ 5,200	$ 9,600
Term of lease	48 months	39 months

Subsequent Event (Details)	1 Months Ended
Subsequent Event (Details)	Jan. 27, 2017
Subsequent Event [Member] \| FlexShopper, Inc. [Member]
Subsequent Event (Textual)
Credit agreement amendment description	FlexShopper, Inc. through a wholly-owned indirect subsidiary, entered into the fifth amendment (the Omnibus Amendment) to the Credit Agreement originally entered into on March 6, 2015 by and among the Borrower and WE 2014-1, LLC, an affiliate of Waterfall Asset Management, LLC, and certain other lenders thereunder from time to time. The Omnibus Amendment amended the Credit Agreement to, among other things, (1) extend the Commitment Termination Date (as defined in the Credit Agreement) from May 6, 2017 to April 1, 2018 (with a one-time right of extension by the lenders up to August 31, 2018), (2) require the Borrower to refinance the debt under the Credit Agreement upon a Permitted Change of Control (as defined in the Credit Agreement), subject to the payment of an early termination fee, and (3) modify certain permitted debt and financial covenants. These modified covenants consist of a reduction of Equity Book Value to not be less than the sum of $6 million and 20% of any additional equity capital invested into the Company after December 31, 2016; maintaining at least $1.5 million in Unrestricted cash; and to have the ratio of Consolidated Total Debt to Equity Book Value not exceed 4.75:1.