Perella-Backed Subprime Auto Lender Flagship Sells Business Ops
Subprime auto lending company Flagship Credit Acceptance agreed to sell its business operations and other assets to specialty finance firm InterVest Capital Partners, according to a statement Friday, a deal that comes as headwinds in the industry are raising concerns over the quality of auto loans.
Subprime auto lending company Flagship Credit Acceptance agreed to sell its business operations and other assets to specialty finance firm InterVest Capital Partners, according to a statement Friday, a deal that comes as headwinds in the industry are raising concerns over the quality of auto loans.
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