2018 Press Releases

Westlake Financial Expands SECUREONE® Nationwide - - Published on October 23, 2018

Westlake Financial Expands SECUREONE Nationwide FOR IMMEDIATE RELEASE (October 17, 2018): Los Angeles, CA – Westlake Financial Services announces the nationwide expansion of its vehicle protection program, SECUREONE®. “We have been pleased with the feedback we have received from our customers,” stated Ralph Ontiveros, Vice President of Westlake Services & Lending Solutions. “SECUREONE’s success stems from …Read More

Westlake Celebrates Three Decades in the Auto Finance Industry - - Published on August 30, 2018

Westlake Celebrates Three Decades in the Auto Finance Industry FOR IMMEDIATE RELEASE (August 30, 2018): Los Angeles, CA – On August 29th, 2018, Westlake Financial Services celebrated 30 years in business. “Westlake’s longevity is a testament to our products and our people,” stated Ian Anderson, President of Westlake Financial Services. “Our employees are encouraged daily to be forward …Read More

Westlake Announces New Spot Insurance for Dealers - - Published on May 29, 2018

Westlake Announces New Spot Insurance for Dealers FOR IMMEDIATE RELEASE (May 29, 2018): Los Angeles, CA –Westlake Financial Services announces a new Spot Delivery Insurance program, which is underwritten by Knight Management Insurance Services, LLC, and now available to its dealer partners in California.  Westlake’s new Spot Insurance program is designed to provide auto dealers short term …Read More

Westlake Announces Agreement with Ally’s SmartAuction - - Published on May 8, 2018

Westlake Announces Agreement with Ally’s SmartAuction FOR IMMEDIATE RELEASE (May 8, 2018): Los Angeles, CA –Westlake Financial Services announces an agreement to list remarketing vehicles on Ally’s SmartAuction, a wholesale auto auction online platform. Westlake began listing vehicles for sale nationwide on May 1st. “With the remarketing industry transforming, this partnership with Ally’s SmartAuction will continue to …Read More

Westlake Raises Over $38K for Children and Families Affected by Cancer - - Published on April 26, 2018

Westlake Raises Over $38K for Children and Families Affected by Cancer FOR IMMEDIATE RELEASE (April 25, 2018): Los Angeles, CA –Westlake Financial Services, through Westlake P.A.L.S (People Affecting Lives through Service); and its employees, raised $38,186 for the 2018 Los Angeles Ronald McDonald House Walk for Kids. On April 8th, 2018, the Westlake team gathered to participate …Read More

Westlake Financial Services Remarketing Division Announces 2017 Auctions of the Year - - Published on April 4, 2018

Westlake Financial Services Remarketing Division Announces 2017 Auctions of the Year FOR IMMEDIATE RELEASE (April 4, 2018): Los Angeles, CA –Westlake Financial Services Remarketing division announces its top 2017 Auctions of the Year award recipients for their outstanding performance and service. The 2017 Auctions of the Year award winners are: Nationwide Auction of the Year – Adesa …Read More

Westlake Announces New Third Party Servicing Entity and Partnerships - - Published on March 27, 2018

Westlake Announces New Third Party Servicing Entity and Partnerships FOR IMMEDIATE RELEASE (March 27, 2018): Los Angeles, CA –Westlake Financial Services announces the launch of Westlake Portfolio Management (WPM), a new business offering third-party servicing solutions to dealers, finance companies, and investors of auto loan portfolios. WPM will handle the customer service, collections, repossessions, remarketing, and …Read More

Westlake Financial Partners with AUL - - Published on March 13, 2018

Westlake Financial Partners with AUL FOR IMMEDIATE RELEASE (March 6, 2018): Los Angeles, CA –Westlake Financial Services announces a new partnership with AUL Corp. (AUL), the nation’s premier warranty and vehicle service contract administrator. Bringing nearly 30 years of experience, AUL will now provide back-end servicing in 19 states for Secure One®, Westlake’s vehicle protection program. …Read More

Westlake Launches New Prime Program with 2.99% APRs - - Published on March 7, 2018

Westlake Launches New Prime Program with 2.99% APRs FOR IMMEDIATE RELEASE (March 1, 2018): Los Angeles, CA – Westlake Financial Services announces the launch of its new Titanium program for customers with a 750 FICO or better.  The program provides rates as low as 2.99%, amounts financed up to $50,000, terms up to 72 months, and …Read More

Westlake ALPS Announces $2.5 Million Credit Line with Wholesale Direct, LLC - - Published on February 7, 2018

Westlake ALPS Announces $2.5 Million Credit Line with Wholesale Direct, LLC FOR IMMEDIATE RELEASE (February 7, 2018): Los Angeles, CA – Westlake Advanced Lending & Portfolio Services (ALPS), a division of Westlake Financial Services, announces the completion of a $2.5 Million revolving credit line facility with Wholesale Direct, LLC, in Greenville, South Carolina. “We are enthusiastic …Read More