Westlake ALPS Purchases $4.6 Million Bulk Portfolio FOR IMMEDIATE RELEASE (November 16, 2016): Los Angeles, CA – Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announces the acquisition of a $4.6 million bulk auto-loan portfolio.The portfolio consists of over 550 Buy-Here Pay-Here contracts from Legends Auto Group and The Car Barn dealerships …Read More
Westlake ALPS Purchases $5.9 Million Bulk Portfolio FOR IMMEDIATE RELEASE (September 13, 2016): Los Angeles, CA – Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announces the acquisition of a $5.9 million bulk auto-loan portfolio from a financial institution in Tyler, TX. The portfolio consists of over 750 Buy-Here Pay-Here contracts from …Read More
Westlake Flooring Services Passes 100,000 Floored Vehicle Milestone FOR IMMEDIATE RELEASE (August 17, 2016): Los Angeles, CA – Westlake Flooring Services announces the achievement of 100,000 vehicles floored. The 100,000 floored vehicle milestone comes less than 4 years after Westlake Flooring Services was founded. Since November 2012, Westlake Flooring has grown to a division of over …Read More
Westlake ALPS Announces $3.5 Million Credit Line with Star Finance FOR IMMEDIATE RELEASE (July 26, 2016): Los Angeles, CA – Westlake Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announces the formation of a $3.5 Million revolving credit line with Star Finance, Inc. in Hot Springs, Arkansas, an affiliate of Lloyd’s Auto Sales, …Read More
Westlake Announces $12.2 Million Service-Retained Transaction with Fidelity Bank of Wichita Los Angeles, CA – Westlake Financial Services announces the sale of a $12.2 Million service-retained Bulk Platinum portfolio to Fidelity Bank of Wichita (Fidelity). “We are excited to establish a partnership with Fidelity Bank through the sale of our Platinum customer portfolio, which consists of …Read More
Westlake ALPS Announces $4 Million Credit Line with Adonis Auto Group Los Angeles, CA – Westlake Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announces the formation of a 2-year $4 Million credit line with Adonis Auto Group, LLC. (Adonis). “We are excited to establish a partnership with Adonis Auto Group as …Read More