Flagship Credit Filed, US Offering, FSHP.RC

Subprime auto lender with $2.3 billion in assets.

Industry: Financials

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Industry: Financials

Flagship is an independent, growth-oriented automotive financing and servicing company. We provide financing to borrowers that do not typically have access to prime credit lending terms for the purchase of affordable, late-model vehicles and the refinancing of existing automotive financings. We have a full-service platform for the origination, underwriting and servicing of automotive finance receivables with robust enterprise-wide risk management and compliance systems and processes. The majority of our finance receivables are retail installment contracts originated through our growing base of dealer customers in our Indirect channel. We also originate automotive loans directly to borrowers through CarFinance.com, our Direct channel. Our strategy is to consistently grow our finance receivables while prudently managing our portfolio risk.
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IPO News for Flagship Credit
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IPO Data
IPO File Date 04/17/2015
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $50
IPO Data
IPO Date
Offer Price
Price Range n/a
Offer Shares (mm) n/a
Deal Size ($mm) $50
Underwriters
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Company Data
Headquarters Chadds Ford, PA
Founded 2005
Employees 595
Website www.flagshipacc.com