2018 Press Releases

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

Westlake Financial Services Issues $1 Billion ABS to prepare for anticipated 2018 growth - - Published on February 6, 2018

Westlake Financial Services Issues $1 Billion ABS to prepare for anticipated 2018 growth FOR IMMEDIATE RELEASE (February 6, 2018): Los Angeles, CA – Westlake Financial Services issued its largest Asset- Backed Securitization (ABS) of $1 billion (WLAKE 2018-1) backed by approximately $1.1 billion of automotive loans. This is Westlake’s largest securitization ever issued with an expected annualized …Read More