Westlake Remarketing Releases Q3 Top Auctions List LOS ANGELES, California – October 18, 2010 – Westlake Financial Services has named their top five auctions for Q3-2010. They are: Manheim NevadaRawls Auto AuctionNorwalk Auto AuctionBrashers Salt Lake Auto AuctionAdesa Golden GateWestlake Remarketing saw strong performance in the recent quarter and is recognizing these top auctions for …Read More
Westlake Rolls out ‘Titanium Program’ for Prime Credit Customers LOS ANGELES, California – Sept. 13, 2010 – Westlake Financial Services has begun the nationwide rollout of their “Titanium Program” aimed at prime credit customers. All Westlake dealers will have access to the new program beginning September 15. Program highlights include: APR as low as 5.99%Terms …Read More
Open Dealer Exchange and Westlake Financial Services Announce Agreement to Improve Vehicle Buying Process for Auto Dealers Agreement allows for credit application integration directly within the dealership management system (DMS) during the vehicle buying process. TROY, MICHIGAN–August 3, 2010–Open Dealer Exchange, LLC has announced its agreement with Westlake Financial Services for credit application integration directly …Read More
Westlake Remarketing Releases Q2 Top Auctions List LOS ANGELES, California – August 23, 2010 – Westlake Financial Services has named their top five auctions for Q2-2010. They are: The list was compiled using Westlake Remarketing Department’s proprietary scoring model, made up of 22 quantitative and qualitative measures. Auction performance is ranked by sale and service …Read More
Westlake Financial Services Upgrading to Aspect Unified IP Contact Center Platform LOS ANGELES, California – August 23, 2010 – Westlake Financial Services has named their top five auctions for Q2-2010. They are: The list was compiled using Westlake Remarketing Department’s proprietary scoring model, made up of 22 quantitative and qualitative measures. Auction performance is ranked …Read More
Westlake Announces Auto Securitization LOS ANGELES, California – June 25, 2010 – Westlake Financial Services is planning a USD 120m subprime auto loan ABS for next week, said CFO Paul Kerwin. The Rule 144A series 2010-1 offering is being led by Hexagon Securities, itself a first-time term ABS underwriter. Officials at Hexagon declined to comment. …Read More
Westlake Remarketing Announces Top Auctions For Q1 2010 Los Angeles, CALIFORNIA – May 12, 2010 –Westlake Financial Services has named their top five auctions for Q1-2010. They are: Other company highlights Westlake would like Massachusetts dealers to know: “We are extremely proud to be partners with these auctions,” says Ian Anderson, President of Westlake Financial. …Read More
Westlake Expands Partnership with NCCI Los Angeles, CALIFORNIA – April 15, 2010 – Westlake Financial Services announces an expanded partnership with National Creditors Connection Inc. (NCCI), a field contact service provider, after a successful three-month test program showed a 10 to 15 % improvement in contact and payment rates of delinquent accounts. NCCI is a …Read More
Westlake Announces Portfolio Acquisition Services Los Angeles, CALIFORNIA – March 16, 2010 – Westlake Financial Services, a full-spectrum indirect auto finance company, announces formation of a new division which will specialize in portfolio acquisition services. The new division, “Westlake ALPS” (Advanced Lending & Portfolio Services), was created to expand Westlake’s product offerings and provide a new source …Read More
Wells Fargo Extends Westlake Financial Services $100m Revolving Securitization Facility Los Angeles, CALIFORNIA – March 2, 2010 – Westlake Financial Services, a full-spectrum indirect auto finance company, announces a new $100 million revolving securitization facility from Wells Fargo Preferred Capital. The facility will be funded through a Westlake subsidiary, Westlake Funding III, and has a maturity of …Read More