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2019 Press Releases

Westlake Portfolio Management to Service its Largest Portfolio - - Published on October 11, 2019

Westlake Portfolio Management to Service its Largest Portfolio FOR IMMEDIATE RELEASE (October 11, 2019): Los Angeles, CA Westlake Portfolio Management (WPM) was selected as third-party servicer of Security National Automotive Acceptance Company’s (SNAAC) $221 million automotive portfolio. SNAAC, an auto ...Read More

Westlake Financial Services Launches Commercial Real Estate Lending Company, Westlake Capital Finance - - Published on October 9, 2019

Westlake Financial Services Launches Commercial Real Estate Lending Company, Westlake Capital Finance FOR IMMEDIATE RELEASE (October 9, 2019): Los Angeles, CA Westlake Technology Holdings launches Westlake Capital Finance to provide Commercial Real Estate loans to automotive dealers. “Our goal is ...Read More

Westlake Direct Partners with CarFinance For Vehicle Refinancing - - Published on September 17, 2019

Westlake Direct Partners with CarFinance For Vehicle Refinancing FOR IMMEDIATE RELEASE (September 17, 2019): Los Angeles, CA Westlake Direct, a Westlake Financial Services subsidiary, announces a partnership with CarFinance to purchase auto refinance loans originated through the CarFinance platform. CarFinance ...Read More

Westlake Financial Services And Nowcom Corporation Enter Into A Strategic Partnership With Axis Auto Finance - - Published on September 4, 2019

Westlake Financial Services And Nowcom Corporation Enter Into A Strategic Partnership With Axis Auto Finance FOR IMMEDIATE RELEASE (September 4, 2019): Los Angeles, CA Westlake Financial Services (“Westlake”) and Nowcom Corporation (“Nowcom”) are pleased to announce a strategic partnership with ...Read More

Westlake Partners with MobilityWorks to Finance Wheelchair Accessible Vehicles - - Published on August 29, 2019

Westlake Partners with MobilityWorks to Finance Wheelchair Accessible Vehicles FOR IMMEDIATE RELEASE (August 29, 2019): Los Angeles, CA Westlake Financial Services announces partnership with MobilityWorks, a national wheelchair accessible van provider, to offer financing to customers looking for wheelchair accessible ...Read More

Westlake Financial Services Issues $1.2 Billion Record-Breaking ABS - - Published on July 18, 2019

Westlake Financial Services Issues $1.2 Billion Record-Breaking ABS FOR IMMEDIATE RELEASE (July 18, 2019): Los Angeles, CA Westlake Financial Services announces the closing of its 19th Asset-Backed Securitization (WLAKE 19-2) at $1.2 billion. This latest securitization is the largest ever in ...Read More

Westlake Financial Services is Now Financing Vehicles with Brands - - Published on June 6, 2019

Westlake Financial Services is Now Financing Vehicles with Brands FOR IMMEDIATE RELEASE (June 6, 2019): Los Angeles, CA – Westlake Financial Services announces it now finances vehicles with brands in 47 states. Vehicles labeled as salvage, junk, rebuilt, water damage, ...Read More

Westlake Portfolio Management Selected as Third-Party Servicer by Total Finance - - Published on May 21, 2019

Westlake Portfolio Management Selected as Third-Party Servicer by Total Finance FOR IMMEDIATE RELEASE (May 21, 2019): Los Angeles, CA – Westlake Portfolio Management (WPM) has been selected as third-party servicer by Total Finance on its $100 million automotive portfolio. “Westlake ...Read More

Westlake Financial Services Announces America’s Auto Auction Harrisburg as the 2018 Auction of the Year - - Published on March 14, 2019

Westlake Financial Services Announces America’s Auto Auction Harrisburg as the 2018 Auction of the Year FOR IMMEDIATE RELEASE (March 14, 2019): Los Angeles, CA – Westlake Financial Services congratulates America’s Auto Auction Harrisburg as its 2018 Auction of the Year ...Read More

Westlake Financial Services Announces Record Breaking 2018 - - Published on February 6, 2019

Westlake Financial Services Announces Record Breaking 2018 FOR IMMEDIATE RELEASE (February 6, 2019): Los Angeles, CA – Westlake Technology Holdings announced today its portfolio grew 35% in 2018, finishing at an all-time high of $8.33 billion in assets under management.  ...Read More