Westlake News

Press Releases

January 2015 – Westlake Flooring Funds Phoenix Truxx in the Purchase of a New Location and Vehicles
January 2015 – Westlake Financial Improves Individuals’ Quality of Life Through Charitable Deeds
November 2014 – Westlake Opens New Production Center and Expands Senior Executive Team
September 2014 – Westlake Financial Services Sponsored the Seventh Annual Ride for Autism
August 2014 – Westlake Financial Reaches $2 Billion Milestone
July 2014 – Westlake closes $320 million Asset Backed Securitization
Feb 2014 – Westlake Announces 2013 Auction of the Year
Jan 2014 – Westlake Reports a Spike in Franchise Partnerships
Dec 2013 – Westlake Financial Services assists families in need this holiday season
Dec 2013 – Westlake Recognized as the Largest Fastest Growing Private Company in Los Angeles County
May 2013 – Westlake Remarketing Announces Q1-013 Top Auctions
February 2013 – Reshuffle Brings New Marubeni Executive to Westlake
February 2013 – Westlake and Primeritus Announce Partnership
February 2013 – Westlake Remarketing Announces 2012 Top Auctions
December2012 – Westlake Partner Release Major Update to DealerCenter Website
November 2012 – Westlake Announces New Credit Facility With Japanese Firm
October 2012 – Westlake Remarketing Announces Top Auctions for Q3
August 2012 – Westlake Announces New $300 Million Credit Facility
June 2012 – Westlake Renames and Simplifies Finance Programs
May 2012 – Westlake Begins Originations in Massachusetts, Marks Milestone
April 2012 – Westlake Remarketing Announces Q1-2012 Top Auctions
February 2012 – Westlake Remarketing Announces 2011 Top Auctions
January 2012 – Open letter to Dealers
December 2011 – Westlake Partners With the Boys and Girls Club
November 2011 – Westlake Remarketing Releases Q3 – 2011 Top Auctions List
October 2011 – BHPH Purchaser ALPS Reports Strong Q3 Results
August 2011 – Wilshire Consumer Credit Kicks Off 10 Year Anniversary
July 2011 – Westlake Remarketing Releases Q2 – 2011 Top Auctions List
July 2011 – Westlake Announces Major Partnership with Marubeni
June 2011 – Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M
June 2011 – Westlake Closes $250M Securitization with Wells Fargo Securities
May 2011 – Westlake Remarketing Releases Q1 2011 Top Auctions List
April 2011 – A Letter to our Dealers, Q1-2011 Review
March 2011 – Westlake Tops $1 Billion Milestone, Looks Ahead
February 2011 – An Open Letter to our Dealers
February 2011 – Westlake Announces 2010 Auction of the Year
January 2011 – DealerCenter Updates Popular Feature
January 2011 – Westlake Gives Insight into 2011 Sub-Prime Vehicle Segment
October 2010 – Westlake Remarketing Releases Q3 Top Auctions List
September 2010 – Westlake Rolls out 'Titanium Program' for Prime Credit Customers
August 2010 – Westlake Remarketing Releases Q2 Top Auctions List
August 2010 – Westlake upgrading to Aspect Unified IP dialer platform
August 2010 – Open Dealer Exchange and Westlake Financial Services Announce Partnership
June 2010 – Westlake Announces Auto Securitization
May 2010 – Westlake Remarketing Announces Top Auctions for Q1 2010
April 2010 – Westlake Expands Partnership with NCCI
March 2010 – Westlake Announces Portfolio Acquisition Services
March 2010 – Wells Fargo Extends Westlake Financial Services $100m Revolving 
                              Securitization Facility
February 2010 – Westlake announces integration with redesigned www.dealercenter.net
November 2009 – Westlake announces new programs and features
October 2009 – Remarketing Department Announces Auction Guarantee Program
July 2009 – Westlake Enters Three New Markets; Names New Assistant VP of Sales
June 2009 – Wells Fargo Increases Capital Commitment to Westlake Financial
May 2009 – Westlake Financial Enters Hawaii Market
April 2009 – Westlake Financial Enters Louisiana Market
January 2009 – Westlake Announces Integration with RouteOne® Platform
November 2008 - Westlake Financial Enters New Jersey Market
October 2008 - Westlake Offers Insight on Truck Price Stabilization
August 2008 - Westlake Financial Announces New and Increased Credit Facility
August 2008 - Westlake's Senior VP of Production Becomes President
July 2008 - Westlake Financial Enters ND, SD, MT Markets
February 2008 - Westlake Launches Redesigned Website
January 2008 - Westlake New Markets
October 2007 - Westlake Names New Executives
September 2007 - Westlake Extends Credit for Military Personnel
July 2006 - Westlake Partners with Payless Car Sales, Inc.

About Westlake Financial Services ----------------------------------------------------------------------

Westlake Financial Services is an internet based, privately held finance company that specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts. Headquartered in Southern California, Westlake originates indirect retail installment contracts through a network of over 18,000 new and used car dealers throughout the United States. Westlake also offers portfolio purchasing through their ALPS division (Advanced Lending & Portfolio Services). Direct to consumer title loans and unsecured loans are done through Westlake’s wholly owned subsidiary, Wilshire Consumer Credit. Flooring lines of credit are done through their Westlake Flooring Services division. All collections and servicing are performed in-house from its central facility located in the Mid-Wilshire area of Los Angeles.

Corporate Communications Contact -------------------------------------------------------------------

David Goff
Tel: 1(888) 389-3532
Fax: 1(323) 692-8944
Email: westlake_corporate_communications@westlakefinancial.com
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