FlexShopper, Inc. — Major Shareholding Notification 2008

Jan 9, 2008

SC 13D 1 form13d.htm WILLIAM BAQUET FORM 13D Unassociated Document Licensed to: mdm Document Created using EDGARizer 4.0.3.0 Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved

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Number: 3235-0145

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. )*

ANCHOR FUNDING SERVICES, INC.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

032904 10 4

(CUSIP Number)

Steven Morse, Esq., Morse & Morse, PLLC., 1400 Old Country Road, Westbury, NY 11590 (516-487-1446)

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

December 31, 2007

(Date of Event which Requires Filing of this Statement)

If the filing In the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) 13d-1 (b)(3)or (4), check the following box 9 .

Check the Check the following box if a fee is being paid with the statement [ ]. (A fee is not required only if the reporting person: (1) has a previous statement on file reporting beneficial ownership ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of suc less of such class.) (See Rule 13d-7.)

Note: Six co Note : Six copies of this statement, including all exhibits, should be filed with the Commission. See Rule 13d-1(a) for other parties to whom copies are sent.

The remai The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment amendment containing information which would alter disclosures provided in a prior cover page.

The inform The infirmation required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act ("ACT") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 032904 10 4 Page 2 of 5 Pages

| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON William Baquet | | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [__] (b) [X] | | 3 | SEC USE ONLY | | 4 | SOURCE OF FUNDS* NOT APPLICABLE | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION USA |

| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE VOTING POWER 1,500,000 | | --- | --- | | 8 | SHARED VOTING POWER 1,342,500 | | 9 | SOLE DISPOSITIVE POWER 1,500,000 | | 10 | SHARED DISPOSITIVE POWER 1,342.500 |

| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,842,500 | | --- | --- | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 21.6 %

• Common [13.6% voting capital stock) | | 14 | TYPE OF REPORTING PERSON* IN |

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

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CUSIP No. 032904 10 4 Page 3 of 5 Pages

| 1 | NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Fordham Financial Management, Inc. | | --- | --- | | 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [__] (b) [X] | | 3 | SEC USE ONLY | | 4 | SOURCE OF FUNDS* NOT APPLICABLE | | 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) OR 2(e) | | 6 | CITIZENSHIP OR PLACE OF ORGANIZATION COLORADO |

| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | SOLE VOTING POWER 1,342,500 | | --- | --- | | 8 | SHARED VOTING POWER -0- | | 9 | SOLE DISPOSITIVE POWER 1,342,500 | | 10 | SHARED DISPOSITIVE POWER -0- |

| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,342,500 | | --- | --- | | 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [X] Excludes shares owned by William Baquet. | | 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 10.1 %

• Common [6.4% voting capital stock) | | 14 | TYPE OF REPORTING PERSON* CO |

*SEE INSTRUCTIONS BEFORE FILLING OUT!

INCLUDE BOTH SIDES OF THE COVER PAGE, RESPONSES TO ITEMS 1-7

(INCLUDING EXHIBITS) OF THE SCHEDULE, AND THE SIGNATURE ATTESTATION.

3

CUSIP No. 032904 10 4 Page 4 of 5 Pages

On June 29, 2007, the Issuer became a reporting company under Section 12(g) of the Securities and Exchange Act of 1934, as amended, when its Form 10-SB (filed on April 30, 2007) became effective (File No. 0-52589). This Schedule 13D is being filed for the reporting person who was a 5% or greater stockholder at the time that the Form 10-SB became effective in lieu of a Schedule 13G. For this reason, all references to source of funds have been answered not applicable.

Item 1 . Security and Issuer

This statement relates to the Common Stock of Anchor Funding Services, Inc. (the “Issuer”). The Issuer’s executive office is located at 10801 Johnston Road, Suite 210, Charlotte, NC 28226

Item 2 . Identity and Background

(a) William Baquet

(b) 14 Wall Street, 18 th Floor

New York, NY 10005

(c) Chief Executive Officer of Fordham Financial Management, Inc.

(d) Not applicable.

(e) Not applicable.

(f) USA

(a) Fordham Financial Management, Inc.

(b) 14 Wall Street, 18 th Floor

New York, NY 10005

(c) Licensed broker/dealer

(d) Not applicable.

(e) Not applicable.

(f) USA

Item 3. Source and Amount of Funds or Other Consideration

Not applicable.

Item 4. Purpose of Transactions

(a) - (j) Not applicable.

This filing is being made as a result of the effectiveness of the Issuer’s registration statement on Form 10. Each of the Reporting Persons has acquired the securities covered by this schedule for investment purposes only. The Reporting Persons do not have any present plans or proposals that relate to or would result in any of the actions required to be described in item 4 of Schedule 13D. Each of the Reporting Persons may at any time review or reconsider its position with respect to the Issuer and formulate plans or proposals with respect to any of such matters, but has no present intention of doing so.

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CUSIP No. 032904 10 4 Page 5 of 5 Pages

Item 5. Interest in Securities of the Issuer

(a) - (b) As of December 31, 2007, the Issuer has outstanding 11,820,555 shares of Common Stock and 1,342,500 shares of Series 1 Preferred Stock with the voting rights of 7,770,000 common shares. Of the foregoing shares of Common Stock, the reporting persons beneficially own 2,842,500 shares of Common Stock (inclusive of outstanding warrants to purchase 1,342,500 shares held in the name of Fordham Financial Management, Inc.), representing 21.6% of the outstanding Common Stock, and 13.6% of the voting capital stock. Mr. Baquet has the sole power to dispose of and vote 1,500,000 shares of Common Stock owned by him and Mr. Baquet shares in the power to vote and dispose of the 1,342,500 shares held by Fordham Financial Management, Inc., which is controlled by Mr. Baquet. Fordham has the shared power to vote and dispose of 1,342,500 shares underlying a like number of warrants.

(c) Not Applicable.

(d) - (e) Not Applicable

Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer.

Not applicable.

Item 7. Materials to be filed as Exhibits

Not applicable.

Signature

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

| /s/ William

Baquet
William
Baquet
Chief
Executive Officer

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