2014 Press Releases

Westlake Opens New Production Center and Expands Senior Executive Team - - Published on November 13, 2014

Westlake Opens New Production Center and Expands Senior Executive Team Los Angeles, CA – On November 13, 2014, Westlake Financial Services announces that it plans to open a new Production Center in Dallas, TX in January 2015, and it has expanded the senior executive team. The new Production Center will serve as a facility to ...Read More

Westlake Financial Reaches $2 Billion Milestone - - Published on August 19, 2014

Westlake Financial Reaches $2 Billion Milestone Los Angeles, CA – August 19, 2014, Westlake Financial Services announces that it has reached a significant milestone of $2 billion in total receivables with more than 270,000 customer accounts. The achievement was met in July 2014, which is noted as the best production for July in Westlake history. ...Read More

Westlake Financial Services Sponsored The Seventh Annual Ride for Autism - - Published on August 2, 2014

Westlake Financial Services Sponsored the Seventh Annual Ride for Autism Los Angeles, CA – On Saturday, August 2, 2014, Westlake Financial Services sponsored the 2014 Ride for Autism, an annual event in which motorcyclists gather to raise awareness for autism. More than 400 bikers rode their motorcycles 60 miles along Pacific Coast Highway starting in ...Read More

Westlake Closes 320 Million Asset Backed Securitization - - Published on July 16, 2014

Westlake closes $320 million Asset Backed Securitization Los Angeles, CA – July 16, 2014 - On May 28, 2014, Westlake Financial Services closed its fifth Term Asset Backed Securitization (ABS). JP Morgan served as Structuring Lead Manager and Joint Bookrunner with Credit Suisse as the Co-Lead and Joint Bookrunner. Wells Fargo and RBS were Co-Managers ...Read More

Westlake Announces 2013 Auction of the Year - - Published on February 19, 2014

Westlake Announces 2013 Auction of the Year Westlake Financial Services Remarketing presents Kansas City Independent (KCI) Auto Auction with a plaque of recognition as the 2013 Auction of the Year. From left to right: KCI General Manager Doug Doll, Westlake Regional Auction Rep Mike O’Brien, and KCI General Sales Manager Jennifer Leocardi.   Los Angeles, ...Read More

Westlake Reports a Spike in Franchise Partnerships - - Published on January 21, 2014

Westlake Reports a Spike in Franchise Partnerships Los Angeles, CA - January 21, 2014 – Westlake Financial Services, commonly recognized as the number one lender with independent dealers, is reporting strong growth with their franchise program. Westlake’s growth has seen an 84% increase in franchise deals and an 80% increase in franchise dealership partners from ...Read More