Equifin Capital Partners, a spinoff of Capital Z Financial Services, announced it has partnered with Michael Ritter, a 24-year automobile finance veteran, to form Flagship Credit Corporation. The national indirect automobile finance company will offer auto loans to buyers with damaged credit. Equifin is the leading investor in an $81 million capital commitment to fund the company’s growth.
Cap Z spinoff forms financing platform
Equafin, the lead investor in the formation of Flagship Credit Corporation, formerly had ties to New York-based Capital Z.
