Press Releases

• January 2, 2020 - Westlake Financial and Nowcom Corporation Enter Into a Strategic Partnership With Source One Financial Corp.
  
• October 31, 2019 - Westlake Celebrates $10 Billion in Assets, Sets new $20 Billion Growth Target
  
• October 11, 2019 - Westlake Portfolio Management to Service its Largest Portfolio
  
• October 9, 2019 - Westlake Financial Services Launches Commercial Real Estate Lending Company, Westlake Capital Finance
  
• September 17, 2019 - Westlake Direct Partners with CarFinance For Vehicle Refinancing
  
• September 4, 2019 - Westlake Financial Services And Nowcom Corporation Enter Into A Strategic Partnership With Axis Auto Finance
  
• August 29, 2019 - Westlake Partners with MobilityWorks to Finance Wheelchair Accessible Vehicles
  
• July 18, 2019 - Westlake Financial Services Issues $1.2 Billion Record-Breaking ABS
  
• June 6, 2019 - Westlake Financial Services is Now Financing Vehicles with Brands
  
• May 21, 2019 - Westlake Portfolio Management Selected as Third-Party Servicer by Total Finance
  
• March 14, 2019 - Westlake Financial Services Announces America’s Auto Auction Harrisburg as the 2018 Auction of the Year
  
• February 6, 2019 - Westlake Financial Services Announces Record Breaking 2018
  
• October 23, 2018 - Westlake Financial Expands SECUREONE® Nationwide
  
• August 30, 2018 - Westlake Celebrates Three Decades in the Auto Finance Industry
  
• May 29, 2018 - Westlake Announces New Spot Insurance for Dealers
  
• May 8, 2018 - Westlake Announces Agreement with Ally’s SmartAuction
  
• April 26, 2018 - Westlake Raises Over $38K for Children and Families Affected by Cancer
  
• April 4, 2018 - Westlake Financial Services Remarketing Division Announces 2017 Auctions of the Year
  
• March 27, 2018 - Westlake Announces New Third Party Servicing Entity and Partnerships
  
• March 13, 2018 - Westlake Financial Partners with AUL
  
• March 7, 2018 - Westlake Launches New Prime Program with 2.99% APRs
  
• February 7, 2018 - Westlake ALPS Announces $2.5 Million Credit Line with Wholesale Direct, LLC
  
• February 6, 2018 - Westlake Financial Services Issues $1 Billion ABS to prepare for anticipated 2018 growth
  
• September 15, 2017 - Westlake Financial Services Employees Support Hurricane Harvey-Affected Victims
  
• August 15, 2017 - Westlake Financial Invests in Employee Development & Growth
  
• June 15, 2017 - Westlake Financial Acquires Credit Union Leasing of America
  
• May 17, 2017 - Westlake Financial Hires Former Senior Executive from JP Morgan Chase
  
• April 11, 2017 - Westlake Employees Sponsor LAFH Birthday Celebration for Children
  
• April 4, 2017 - Westlake Financial Services Launches eContracting Solution Through DealerCenter
  
• March 28, 2017 - Hankey Group Employees Raise $4,513 for 2017 Susan G. Komen Race for the Cure
  
• March 28, 2017 - Westlake ALPS Purchases $14.7 Million Bulk Portfolio
  
• March 27, 2017 - Westlake Financial Hires Brian Renfro as SVP of Servicing
  
• February 27, 2017 - Westlake Financial Launches Online Pre-Qualification Platform
  
• January 31, 2017 - Westlake’s PALS Helps 31 Families this Holiday Season
  
• November 16, 2016 - ALPS Completes $4.6 Million Bulk Portfolio Purchase
  
• September 13, 2016 - Westlake ALPS Purchases $5.9 Million Bulk Portfolio
  
• August 17, 2016 - Westlake Flooring Services Passes 100,000 Floored Vehicle Milestone
  
• July 26, 2016 - Westlake ALPS Announces $3.5 Million Credit Line with Star Finance
  
• March 22, 2016 - Westlake Announces $12.2 Million Service-Retained Transaction with Fidelity Bank of Wichita
  
• March 15, 2016 - Westlake ALPS Announces $4 Million Credit Line with Adonis Auto Group
  
• October 13, 2015 - Westlake Financial Services Partners with RouteOne
  
• July 21, 2015 - Westlake Financial Customers See Jump in FICO Score
  
• May 7, 2015 - Westlake ALPS Purchases $12.4 Million Bulk Portfolio
  
• February 2, 2015 - Westlake Financial Announces 2014 Top Auctions
  
• January 21, 2015 - Westlake Flooring Funds Phoenix Truxx in the Purchase of a New Location and Vehicles
  
• January 20, 2015 - Westlake Financial Improves Individuals’ Quality of Life Through Charitable Deeds
  
• November 13, 2014 - Westlake Opens New Production Center and Expands Senior Executive Team
  
• August 19, 2014 - Westlake Financial Reaches $2 Billion Milestone
  
• August 2, 2014 - Westlake Financial Services Sponsored The Seventh Annual Ride for Autism
  
• July 16, 2014 - Westlake Closes 320 Million Asset Backed Securitization
  
• February 19, 2014 - Westlake Announces 2013 Auction of the Year
  
• January 21, 2014 - Westlake Reports a Spike in Franchise Partnerships
  
• December 16, 2013 - Westlake Financial Services assists families in need this holiday season
  
• December 4, 2013 - Westlake Recognized as the Largest Fastest Growing Private Company in Los Angeles County
  
• May 20, 2013 - Westlake Remarketing Announces Q12013 Top Auctions
  
• February 22, 2013 - Westlake and Primeritus Announce Partnership
  
• February 21, 2013 - Westlake Remarketing Announces 2012 Top Auctions
  
• February 13, 2013 - Reshuffle Brings New Marubeni Executive to Westlake
  
• December 19, 2012 - Westlake Partner Release Major Update to DealerCenter Website
  
• November 26, 2012 - Westlake Announces New Credit Facility With Japanese Firm
  
• October 30, 2012 - Westlake Remarketing Announces Top Auctions for Q3
  
• August 9, 2012 - Westlake Announces New $300 Million Credit Facility
  
• June 28, 2012 - Westlake Renames and Simplifies Finance Programs
  
• May 29, 2012 - Westlake Begins Originations in Massachusetts, Marks Milestone
  
• February 8, 2012 - Westlake Remarketing Announces 2011 Top Auctions
  
• January 9, 2012 - Open letter to our Dealers
  
• December 14, 2011 - Westlake Partners With the Boys and Girls Club
  
• November 6, 2011 - Westlake Remarketing Releases Q3 – 2011 Top Auctions List
  
• October 26, 2011 - BHPH Purchaser ALPS Reports Strong Q3 Results
  
• August 31, 2011 - Wilshire Consumer Credit Kicks Off 10 Year Anniversary
  
• July 25, 2011 - Westlake Remarketing Releases Q2 – 2011 Top Auctions List
  
• July 15, 2011 - Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M
  
• July 5, 2011 - Westlake Partnership with Marubeni
  
• June 15, 2011 - Westlake Closes $250M Securitization with Wells Fargo Securities
  
• April 29, 2011 - Westlake Remarketing Releases Q1 2011 Top Auctions List
  
• April 15, 2011 - A Letter to our Dealers Q1 2011 Review
  
• March 16, 2011 - Westlake Tops $1 Billion Milestone, Looks Ahead
  
• February 1, 2011 - Westlake Announces 2010 Auction of the Year
  
• February 1, 2011 - Open Letter to our Dealers
  
• January 24, 2011 - DealerCenter Updates Popular Feature
  
• January 11, 2011 - Westlake Financial Services Market Commentary: Sub-Prime Vehicle Segment
  
• October 18, 2010 - Westlake Remarketing Releases Q3 – 2011 Top Auctions List
  
• September 13, 2010 - Westlake Rolls out ‘Titanium Program’ for Prime Credit Customers
  
• August 24, 2010 - New Agreement to Improve Vehicle Buying Process for Auto Dealers
  
• August 23, 2010 - Westlake Remarketing Releases Q2 Top Auctions List
  
• August 18, 2010 - Westlake Financial Services Upgrading to Aspect Unified IP Contact Center Platform
  
• June 25, 2010 - Westlake Announces Auto Securitization
  
• May 1, 2010 - Westlake Remarketing Announces Top Auctions For Q1 2010
  
• April 15, 2010 - Westlake Expands Partnership with NCCI
  
• March 16, 2010 - Westlake Announces Portfolio Acquisition Services
  
• March 2, 2010 - Wells Fargo Extends WFS $100m Revolving Securitization Facility
  
• February 8, 2010 - Westlake Announces Integration with Redesigned DealerCenter
  
• November 20, 2009 - Westlake announces new programs and features
  
• October 6, 2009 - Remarketing Department Announces Auction Guarantee Program
  
• July 6, 2009 - Westlake Enters Three New Markets; Names New Assistant VP of Sales
  
• June 16, 2009 - Wells Fargo Increases Capital Commitment to Westlake Financial
  
• May 1, 2009 - Westlake Financial Enters Hawaii Market
  
• April 9, 2009 - Westlake Financial Enters Louisiana Market
  
• January 19, 2009 - Westlake Financial Announces Integration with RouteOne Platform
  
• November 13, 2008 - Westlake Financial Enters New Jersey Markets
  
• August 24, 2008 - Westlake Senior VP of Production Becomes President
  
• August 20, 2008 - Westlake Extends Credit for Military Personnel
  
• August 20, 2008 - Westlake Financial Announces New and Increased Credit Facility
  
• July 24, 2008 - Westlake Financial Enters ND, SD, MT Markets; Regionalizes Origination Operations
  
• February 7, 2008 - Westlake Financial Launches Redesigned Website in time for NADA Convention
  
• January 17, 2008 - Westlake Financial Enters New Markets
  
• October 8, 2007 - Westlake Names new Executives
  
• June 30, 2006 - Westlake Partners with Payless Car Sales, Inc.