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Flagship Credit sold to investment firm InterVest 

Nonprime lender’s portfolio stood at $3.1B in September 2024 

Amanda Harris

Auto lender Flagship Credit Acceptance today announced an agreement to sell the business to specialty finance investment firm InterVest Capital Partners and will be rebranded to Flagship Financial Group.  New York-based InterVest declined to disclose terms of the transaction.   As part of the transition, Flagship has named Jim Landy its new chief executive officer, succeeding Bob Hurzeler, according to a company release. Hurzeler […]

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