2011 Press Releases

Westlake Partners With the Boys and Girls Club - - Published on December 14, 2011

Westlake Partners With the Boys and Girls Club LOS ANGELES, California — December 14, 2011 – Westlake Financial Services and its volunteering division, P.A.L.S. (People Affecting Lives through Service), hosted children from the Boys & Girls Club of East Los Angeles this past Friday during Westlake’s annual Sales Conference Teambuilding Event. Over 300 Westlake dealer ...Read More

Westlake Remarketing Releases Q3 – 2011 Top Auctions List - - Published on November 6, 2011

Westlake Remarketing Releases Q3 – 2011 Top Auctions List LOS ANGELES, California – November 6, 2011 – Westlake Financial Services has named their top auctions for Q3-2011. They are: Top Overall Auction and Most Improved Auction: Kansas City Independent Top Service Auction: Manheim St. Pete Top Loyalty Sales Auction: Dealers Auto Auction Idaho Bill Walters, ...Read More

BHPH Purchaser ALPS Reports Strong Q3 Results - - Published on October 26, 2011

BHPH Purchaser ALPS Reports Strong Q3 Results LOS ANGELES, California — October 26, 2011 – Advanced Lending & Portfolio Services (ALPS) announces strong quarterly results with a total portfolio size of $11.5 Million at the end of Q3. This represents a 2000% growth year over year. “We closed a $3.4 million dollar portfolio purchase just ...Read More

Wilshire Consumer Credit Kicks Off 10 Year Anniversary - - Published on August 31, 2011

Wilshire Consumer Credit Kicks Off 10 Year Anniversary LOS ANGELES, California — August 31, 2011 – Title loan company Wilshire Consumer Credit celebrated its 10 Year Anniversary on August 29th. To mark the occasion, company officials recall how Wilshire Consumer Credit (WCC) got its start, review current financial performance, and announce a new consumer promotion ...Read More

Westlake Remarketing Releases Q2 – 2011 Top Auctions List - - Published on July 25, 2011

Westlake Remarketing Releases Q2 – 2011 Top Auctions List LOS ANGELES, California – July 25, 2011 – Westlake Financial Services has named their top auctions for Q2-2011. They are: Top Overall Auctions: Norwalk Auto Auction, Manheim Nevada Top Service Auction: ABC Birmingham Top Loyalty Program Auction: Dealers Auto Auction Idaho Most Improved Auction: ADESA Colorado ...Read More

Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M - - Published on July 15, 2011

Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M Los Angeles, CALIFORNIA – June 15, 2011 – Westlake Financial Services recently announced that their credit line with Wells Fargo Preferred Capital has increased from $100 million to $200 million dollars. This is in addition to Westlake’s existing $365 million facility with Wells Fargo ...Read More

Westlake Partnership with Marubeni - - Published on July 5, 2011

Westlake Announces Major Partnership with Marubeni LOS ANGELES, California — July 5, 2011 – Westlake Financial Services announces a partnership with Japanese conglomerate Marubeni Corporation. The partnership will result in Marubeni taking a 20 percent ownership stake in Westlake in a deal valued at $250 million dollars in newly issued equity. Marubeni will also gain ...Read More

Westlake Closes $250M Securitization with Wells Fargo Securities - - Published on June 15, 2011

Westlake Closes $250 Million Securitization with Wells Fargo Securities Los Angeles, CALIFORNIA – June 6, 2011 – Westlake Financial Services, a full-spectrum indirect auto finance company, announces a new $250 million dollar revolving securitization facility with Wells Fargo Securities. The deal closed May 26. “This latest securitization is another step towards realizing our goal of ...Read More

Westlake Remarketing Releases Q1 2011 Top Auctions List - - Published on April 29, 2011

Westlake Remarketing Releases Q1 2011 Top Auctions List LOS ANGELES, California – April 29, 2011 – Westlake Financial Services has named their top auctions for Q1-2011. They are: Top Overall Auctions: Manheim Nevada, Norwalk Auto Auction, Brasher’s Salt Lake City Auto Auction Top Service Auction: ABC Birmingham Top Loyalty Program Auction: Dealers Auto Auction of ...Read More

A Letter to our Dealers Q1 2011 Review - - Published on April 15, 2011

A Letter to our Dealers, Q1-2011 Review Los Angeles, CALIFORNIA – April 15, 2011 Dear Dealer Partner: The first quarter of 2011 continues to show signs of economic recovery due in part to increased consumer confidence and spending habits in the Auto segment of GDP. With your help as a valued Westlake partner, we are ...Read More