Press Release

Westlake Financial Announces New Commercial Vehicle Financing Program FOR IMMEDIATE RELEASE (May 2020): Los Angeles, CA Westlake Financial (Westlake) rolls ... Read more

Westlake Financial and Nowcom Corporation Enter Into a Strategic Partnership With Source One Financial Corp. FOR IMMEDIATE RELEASE (January 2, 2020): ... Read more

Westlake Celebrates $10 Billion in Assets, Sets new $20 Billion Growth Target FOR IMMEDIATE RELEASE (October 31, 2019): Los Angeles, CA Westlake Technology ... Read more

Westlake Portfolio Management to Service its Largest Portfolio FOR IMMEDIATE RELEASE (October 11, 2019): Los Angeles, CA Westlake Portfolio Management (WPM) ... Read more

Westlake Financial Services Launches Commercial Real Estate Lending Company, Westlake Capital Finance FOR IMMEDIATE RELEASE (October 9, 2019): Los Angeles, CA ... Read more

Westlake Direct Partners with CarFinance For Vehicle Refinancing FOR IMMEDIATE RELEASE (September 17, 2019): Los Angeles, CA Westlake Direct, a Westlake ... Read more

Westlake Financial Services And Nowcom Corporation Enter Into A Strategic Partnership With Axis Auto Finance FOR IMMEDIATE RELEASE (September 4, 2019): ... Read more

Westlake Partners with MobilityWorks to Finance Wheelchair Accessible Vehicles FOR IMMEDIATE RELEASE (August 29, 2019): Los Angeles, CA Westlake Financial Services ... Read more

Westlake Financial Services Issues $1.2 Billion Record-Breaking ABS FOR IMMEDIATE RELEASE (July 18, 2019): Los Angeles, CA Westlake Financial Services announces the ... Read more

Westlake Financial Services is Now Financing Vehicles with Brands FOR IMMEDIATE RELEASE (June 6, 2019): Los Angeles, CA – Westlake Financial ... Read more

Westlake Portfolio Management Selected as Third-Party Servicer by Total Finance FOR IMMEDIATE RELEASE (May 21, 2019): Los Angeles, CA – Westlake ... Read more

Westlake Financial Services Announces America’s Auto Auction Harrisburg as the 2018 Auction of the Year FOR IMMEDIATE RELEASE (March 14, 2019): ... Read more

Westlake Financial Services Announces Record Breaking 2018 FOR IMMEDIATE RELEASE (February 6, 2019): Los Angeles, CA – Westlake Technology Holdings announced today ... Read more

Westlake Financial Expands SECUREONE Nationwide FOR IMMEDIATE RELEASE (October 17, 2018): Los Angeles, CA – Westlake Financial Services announces the nationwide ... Read more

Westlake Celebrates Three Decades in the Auto Finance Industry FOR IMMEDIATE RELEASE (August 30, 2018): Los Angeles, CA – On August 29... Read more

Westlake Announces New Spot Insurance for Dealers FOR IMMEDIATE RELEASE (May 29, 2018): Los Angeles, CA –Westlake Financial Services announces ... Read more

Westlake Announces Agreement with Ally's SmartAuction FOR IMMEDIATE RELEASE (May 8, 2018): Los Angeles, CA –Westlake Financial Services announces an ... Read more

Westlake Raises Over $38K for Children and Families Affected by Cancer FOR IMMEDIATE RELEASE (April 25, 2018): Los Angeles, CA –... Read more

Westlake Financial Services Remarketing Division Announces 2017 Auctions of the Year FOR IMMEDIATE RELEASE (April 4, 2018): Los Angeles, CA –Westlake ... Read more

Westlake Announces New Third Party Servicing Entity and Partnerships FOR IMMEDIATE RELEASE (March 27, 2018): Los Angeles, CA –Westlake Financial ... Read more

Westlake Financial Partners with AUL FOR IMMEDIATE RELEASE (March 6, 2018): Los Angeles, CA –Westlake Financial Services announces a new ... Read more

Westlake Launches New Prime Program with 2.99% APRs FOR IMMEDIATE RELEASE (March 1, 2018): Los Angeles, CA – Westlake Financial Services announces ... Read more

Westlake ALPS Announces $2.5 Million Credit Line with Wholesale Direct, LLC FOR IMMEDIATE RELEASE (February 7, 2018): Los Angeles, CA – Westlake ... Read more

Westlake Financial Services Issues $1 Billion ABS to prepare for anticipated 2018 growth FOR IMMEDIATE RELEASE (February 6, 2018): Los Angeles, CA – ... Read more

Westlake Financial Services Employees Support Hurricane Harvey-Affected Victims   FOR IMMEDIATE RELEASE (September 5, 2017 ): Los Angeles, CA – Employees at ... Read more

Westlake Financial Invests in Employee Development & Growth   FOR IMMEDIATE RELEASE (August 15, 2017 ): Los Angeles, CA – Westlake Financial ... Read more

Westlake Financial Acquires Credit Union Leasing of America (June 15, 2017) Los Angeles, CA – Westlake Financial Services recently expanded ... Read more

Westlake Financial Hires Former Senior Executive from JP Morgan Chase (May 17, 2017) Los Angeles, CA – Westlake Financial Services ... Read more

Westlake Employees Sponsor LAFH Birthday Celebration for Children (April 11, 2017) Los Angeles, CA – Employees at Westlake Financial Services ... Read more

Westlake Financial Services launches eContracting Solution through DealerCenter (April 4, 2017):Los Angeles, CA – Westlake Financial Services has launched its ... Read more

Hankey Group Employees Raise $4,513 for 2017 Susan G. Komen Race for the Cure FOR IMMEDIATE RELEASE (March 28, 2017) Los Angeles, ... Read more

Westlake ALPS Purchases $14.7 Million Bulk Portfolio FOR IMMEDIATE RELEASE (March 28, 2017) Los Angeles, CA – Advanced Lending & Portfolio ... Read more

Westlake Financial Services Hires Brian Renfro as SVP of Servicing FOR IMMEDIATE RELEASE (March 27, 2017) Los Angeles, CA – ... Read more

Westlake Financial Launches Online Pre-Qualification Platform FOR IMMEDIATE RELEASE (February 27, 2017) Los Angeles, CA – Westlake Financial Services announces ... Read more

Westlake’s PALS Helps 31 Families this Holiday Season FOR IMMEDIATE RELEASE (January 31, 2017) Los Angeles, CA – Westlake’s ... Read more

Westlake ALPS Purchases $4.6 Million Bulk Portfolio FOR IMMEDIATE RELEASE (November 16, 2016): Los Angeles, CA – Advanced Lending & Portfolio Services (... Read more

Westlake ALPS Purchases $5.9 Million Bulk Portfolio FOR IMMEDIATE RELEASE (September 13, 2016): Los Angeles, CA – Advanced Lending & Portfolio Services (... Read more

Westlake Flooring Services Passes 100,000 Floored Vehicle Milestone FOR IMMEDIATE RELEASE (August 17, 2016): Los Angeles, CA – Westlake Flooring Services announces ... Read more

Westlake ALPS Announces $3.5 Million Credit Line with Star Finance FOR IMMEDIATE RELEASE (July 26, 2016): Los Angeles, CA – Westlake Advanced ... Read more

Westlake Announces $12.2 Million Service-Retained Transaction with Fidelity Bank of Wichita Los Angeles, CA – Westlake Financial Services announces the ... Read more

Westlake ALPS Announces $4 Million Credit Line with Adonis Auto Group Los Angeles, CA – Westlake Advanced Lending & Portfolio ... Read more

Westlake Financial Services Partners with RouteOne Los Angeles, CA. Oct 13, 2015 – Westlake Financial Services, a technology-driven auto finance company, ... Read more

Westlake Financial Customers See Jump in FICO Score Los Angeles, CA. July 21, 2015 – Westlake Financial Services, a full spectrum ... Read more

Westlake ALPS Purchases $12.4 Million Bulk Portfolio Los Angeles, CA. May 7, 2015 – Advanced Lending & Portfolio Services (ALPS), a division ... Read more

Westlake Financial Announces 2014 Top Auctions Los Angeles, CA. March 25, 2015 – Westlake Financial Services announces the top regional auctions for 2014. ... Read more

Westlake Flooring Funds Phoenix Truxx in the Purchase of a New Location and Vehicles Los Angeles, CA. January 21, 2015 – ... Read more

Westlake Financial Improves Individuals’ Quality of Life Through Charitable Deeds Los Angeles, CA. January 20, 2015 – Westlake Financial Services, a ... Read more

Westlake Opens New Production Center and Expands Senior Executive Team Los Angeles, CA – On November 13, 2014, Westlake Financial Services ... Read more

Westlake Financial Reaches $2 Billion Milestone Los Angeles, CA – August 19, 2014, Westlake Financial Services announces that it has reached a ... Read more

Westlake Financial Services Sponsored the Seventh Annual Ride for Autism Los Angeles, CA – On Saturday, August 2, 2014, Westlake Financial ... Read more

Westlake closes $320 million Asset Backed Securitization Los Angeles, CA – July 16, 2014 - On May 28, 2014, Westlake Financial Services closed its ... Read more

Westlake Announces 2013 Auction of the Year Westlake Financial Services Remarketing presents Kansas City Independent (KCI) Auto Auction with a ... Read more

Westlake Reports a Spike in Franchise Partnerships Los Angeles, CA - January 21, 2014 – Westlake Financial Services, commonly recognized as ... Read more

Westlake Financial Services assists families in need this holiday season Westlake Financial Services employee Louie Herrera and his son ... Read more

Westlake Recognized as the Largest Fastest Growing Private Company in Los Angeles County LOS ANGELES, California — December 4, 2013 - ... Read more

Westlake Remarketing Announces Q1-2013 Top Auctions Los Angeles, CALIFORNIA – May 20, 2013 – The Westlake Financial Services Remarketing Department ... Read more

Westlake and Primeritus Announce Partnership Los Angeles, CALIFORNIA – February 22, 2013 – Los Angeles, CA – Westlake Financial Services, a ... Read more

Westlake Remarketing Announces 2012 Top Auctions Los Angeles, CALIFORNIA – February 21, 2013 – Westlake Financial Services Remarketing Department names their top ... Read more

Reshuffle Brings New Marubeni Executive to Westlake LOS ANGELES, California - February 26, 2013 – Marubeni Corporation announces that effective April 1, ... Read more

Westlake Partner Releases Major Update to DealerCenter Website LOS ANGELES, California — December 19, 2012 – Westlake Financial Services, a full ... Read more

Westlake Announces New Credit Facility With Japanese Firm LOS ANGELES, California – November 26, 2012 – Westlake Financial Services, a full-spectrum ... Read more

Westlake Remarketing Announces Top Auctions for Q3 LOS ANGELES, California – October 30, 2012 – Westlake Financial Services announces their top ... Read more

Westlake Announces New $300 Million Credit Facility LOS ANGELES, California – August 9, 2012 – Westlake Financial Services, a full-spectrum auto finance ... Read more

Westlake Renames and Simplifies Finance Programs LOS ANGELES, California – June 28, 2012 – Westlake Financial Services, a full spectrum auto ... Read more

Westlake Begins Originations in Massachusetts, Marks Milestone LOS ANGELES, California – MAY 29, 2012 – Westlake Financial Services, a full-spectrum auto ... Read more

Westlake Remarketing Announces 2011 Top Auctions Los Angeles, CALIFORNIA – February 8, 2012 – Westlake Financial Services announces Norwalk Auto Auction as ... Read more

Open Letter to our Dealers LOS ANGELES, California – January 9, 2012 Dear Dealer Partner: Thank you for helping to make ... Read more

Westlake Partners With the Boys and Girls Club LOS ANGELES, California — December 14, 2011 – Westlake Financial Services and its ... Read more

Westlake Remarketing Releases Q3 – 2011 Top Auctions List LOS ANGELES, California – November 6, 2011 – Westlake Financial Services has named ... Read more

BHPH Purchaser ALPS Reports Strong Q3 Results LOS ANGELES, California — October 26, 2011 – Advanced Lending & Portfolio Services (ALPS) ... Read more

Wilshire Consumer Credit Kicks Off 10 Year Anniversary LOS ANGELES, California — August 31, 2011 – Title loan company Wilshire Consumer Credit ... Read more

Westlake Remarketing Releases Q2 – 2011 Top Auctions List LOS ANGELES, California – July 25, 2011 – Westlake Financial Services has named ... Read more

Westlake Credit Line with Wells Fargo Preferred Capital Increased to $200M Los Angeles, CALIFORNIA – June 15, 2011 – Westlake Financial ... Read more

Westlake Announces Major Partnership with Marubeni LOS ANGELES, California — July 5, 2011 – Westlake Financial Services announces a partnership with ... Read more

Westlake Closes $250 Million Securitization with Wells Fargo Securities Los Angeles, CALIFORNIA – June 6, 2011 – Westlake Financial Services, a full-spectrum ... Read more

Westlake Remarketing Releases Q1 2011 Top Auctions List LOS ANGELES, California – April 29, 2011 – Westlake Financial Services has named their ... Read more

A Letter to our Dealers, Q1-2011 Review Los Angeles, CALIFORNIA – April 15, 2011 Dear Dealer Partner: The first quarter ... Read more

Westlake Tops $1 Billion Milestone, Looks Ahead LOS ANGELES, California — March 16, 2011 – Westlake Financial Services announces that as of ... Read more

Westlake Announces 2010 Auction of the Year Los Angeles, CALIFORNIA – February 1, 2011 – Westlake Financial Services announces Manheim Nevada as ... Read more

Open Letter to Our Dealers Los Angeles, CALIFORNIA – February 1, 2011 Dear Dealer Partner: Thank you for helping to make ... Read more

DealerCenter Updates Popular Feature A new DealerCenter feature deployed Tuesday, Jan. 11. It’s called “Maximize All” and is ... Read more

Westlake Financial Services Market Commentary: Sub-Prime Vehicle Segment Like many sellers of older-model, used vehicles, Westlake Financial Services experienced ... Read more

Westlake Remarketing Releases Q3 Top Auctions List LOS ANGELES, California – October 18, 2010 – Westlake Financial Services has named their ... Read more

Westlake Rolls out ‘Titanium Program’ for Prime Credit Customers LOS ANGELES, California – Sept. 13, 2010 – Westlake Financial Services ... Read more

Open Dealer Exchange and Westlake Financial Services Announce Agreement to Improve Vehicle Buying Process for Auto Dealers Agreement allows ... Read more

Westlake Remarketing Releases Q2 Top Auctions List LOS ANGELES, California – August 23, 2010 – Westlake Financial Services has named their ... Read more

Westlake Financial Services Upgrading to Aspect Unified IP Contact Center Platform LOS ANGELES, California – August 23, 2010 – Westlake Financial ... Read more

Westlake Announces Auto Securitization LOS ANGELES, California – June 25, 2010 – Westlake Financial Services is planning a USD 120m subprime ... Read more

Westlake Remarketing Announces Top Auctions For Q1 2010 Los Angeles, CALIFORNIA – May 12, 2010 –Westlake Financial Services has named their ... Read more

Westlake Expands Partnership with NCCI Los Angeles, CALIFORNIA – April 15, 2010 – Westlake Financial Services announces an expanded partnership with ... Read more

Westlake Announces Portfolio Acquisition Services Los Angeles, CALIFORNIA – March 16, 2010 – Westlake Financial Services, a full-spectrum indirect auto ... Read more

Wells Fargo Extends Westlake Financial Services $100m Revolving Securitization Facility Los Angeles, CALIFORNIA – March 2, 2010 – Westlake Financial ... Read more

Westlake Announces Integration with Redesignedwww.DealerCenter.net Los Angeles, CALIFORNIA – February 8, 2010 – Westlake Financial Services, a full-spectrum ... Read more

Westlake announces new programs and features Los Angeles, CALIFORNIA – November 20, 2009 – Westlake Financial Services announces new initiatives as ... Read more

Remarketing Department Announces Auction Guarantee Program Los Angeles, CALIFORNIA – October 6, 2009 – Westlake Financial Services’ Remarketing Department announces the ... Read more

June 2009 - Wells Fargo Increases Capital Commitment to Westlake Financial LOS ANGELES, California – July 6, 2009 – Westlake Financial Services ... Read more

Wells Fargo Increases Capital Commitment to Westlake Financial DES MOINES, Iowa – June 16, 2009 – Wells Fargo Preferred Capital announced ... Read more

Westlake Financial Enters Hawaii Market Los Angeles, CALIFORNIA – May 1, 2009 – Westlake Financial Services has recently expanded into the ... Read more

Westlake Financial Enters Louisiana Market Los Angeles, CALIFORNIA – April 9, 2009 – Westlake Financial Services announces expansion into the Louisiana ... Read more

Westlake Financial Announces Integration with RouteOne Platform Los Angeles, CALIFORNIA – January 19, 2009 – Westlake announces the national rollout of ... Read more

Westlake Financial Enters New Jersey Markets Los Angeles, CALIFORNIA – November 13, 2008 – Westlake Financial Services announces expansion into the ... Read more

August 2008 - Westlake's Senior VP of Production Becomes President Los Angeles, CALIFORNIA – August 15, 2008 – Westlake Financial’s ... Read more

Westlake Financial Announces New and Increased Credit Facility Los Angeles, CALIFORNIA – August 20, 2008 – Westlake Financial Services announced ... Read more

Westlake Financial Announces New and Increased Credit Facility Los Angeles, CALIFORNIA – August 20, 2008 – Westlake Financial Services announced ... Read more

Westlake Financial Enters ND, SD, MT Markets; Regionalizes Origination Operations Los Angeles, CALIFORNIA – July 24, 2008 – Westlake Financial Services ... Read more

Westlake Financial Launches Redesigned Website in time for NADA Convention Los Angeles, CALIFORNIA – February 7, 2008 – Westlake Financial Services ... Read more

January 2008 - Westlake Financial Enters New Markets Los Angeles, CALIFORNIA – January 17, 2008 – Westlake Financial Services announces expansion into ... Read more

Westlake Names new Executives Los Angeles, CALIFORNIA - October 8, 2007 - Westlake’s Chairman of the Board, Don Hankey, has ... Read more

July 2006 - Westlake Partners with Payless Car Sales, Inc. Los Angeles, CA. June 30, 2006 – Westlake Financial Services announced they ... Read more