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Westlake Financial Launches Online Pre-Qualification Platform


(February 27, 2017) Los Angeles, CA – Westlake Financial Services announces the launch of an online indirect auto loan pre-qualification platform for new and returning customers looking to finance their next vehicle.

To conclude 2016, Westlake dedicated multiple resources to develop a new online platform that makes the car buying process, which can sometimes be confusing and difficult, simple and stress-free. “By offering online pre-qualification, we help car buyers discover their buying power without affecting their credit. Upon approval, customers can view inventory available from dealerships that fit their pre-qualification parameters and set up a test drive with the car of their choice at the selected dealership all before closing their browser,” commented Ralph Ontiveros, VP – Westlake Services and Lending Solutions.

“Our goal was to commence 2017 with a platform that benefits car buyers and we achieved just that with this online launch,” stated Ian Anderson, Group President of Westlake Financial Services. “We even developed incentives to give back to returning customers and to show our appreciation to new customers who choose to finance with us.” Westlake currently offers vouchers for use towards down payment in the amounts of $200 to new customers and up to $500 to returning customers, based on the amount financed and other select criteria.

Westlake only offers online pre-qualification in the state of California, but plans to expand to other states throughout 2017. Customers outside of California are not yet able to obtain a pre-qualification or view inventory, but can still go through the financing process online and will be directed to nearby dealers participating in Westlake’s network of over 50,000 preferred dealership program. Westlake’s Dealer Lead Program provides qualified customers actively searching for a new vehicle as free leads to the dealership. For more information, please call Westlake Services & Lending Solutions at (877) 285-6971.

About Westlake Financial Services: Westlake 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 25,000 new and used car dealers throughout the United States.