2023 Press Releases

Westlake Direct Ignites Car Buying with Digital Financing Innovation - - Published on September 28, 2023

FOR IMMEDIATE RELEASE (September 2023): Los Angeles, CA. Westlake Direct, a leader in the direct-to-consumer digital automotive finance space, launches “Buy Now” digital financing to enhance and streamline the car buying experience. Westlake Direct’s “Buy Now” program allows buyers to get pre-qualified, matched with inventory, and complete all the necessary vehicle purchase paperwork online without having …Read More

DealerCenter and Westlake Capital Finance Partner for Buy Here Pay Here Success - - Published on August 4, 2023

DealerCenter and Westlake Capital Finance Partner for Buy Here Pay Here Success FOR IMMEDIATE RELEASE (August 2023): Los Angeles, CA. DealerCenter, the renowned automotive dealer management system, partners with Westlake Capital Finance (WCF), a commercial lending entity under Westlake Technology Holdings, to provide Buy Here Pay Here (BHPH) dealers a line of credit to finance their …Read More

Westlake Financial’s Visorbot is Shaping the Future of Auto Financing - - Published on July 27, 2023

Westlake Financial’s Visorbot is Shaping the Future of Auto Financing FOR IMMEDIATE RELEASE (July 2023) – Los Angeles, CA.  In the ever-evolving landscape of auto finance, Westlake Financial is setting the pace. Every day Westlake’s Visorbot, a proprietary AI and machine learning tool, astoundingly computes 800,000 applications. In a single month, that amounts to 24 million loan …Read More

Westlake Portfolio Management Begins Servicing Loans for U.S. Auto Sales - - Published on June 6, 2023

Westlake Portfolio Management Begins Servicing Loans for U.S. Auto Sales FOR IMMEDIATE RELEASE (June 2023) – Los Angeles CA. Westlake Portfolio Management (WPM), loan servicer located in Los Angeles, California, and subsidiary of Westlake Technology Holdings, is now the servicer for U.S. Auto Sales’ portfolio as of May 22, 2023. U.S. Auto Sales’ portfolio has a …Read More

Westlake Technology Holdings Prioritizes Efficiency in the Year 2022 - - Published on March 16, 2023

Westlake Technology Holdings Prioritizes Efficiency in the Year 2022 Westlake Technology Holdings, a leading auto fintech company, announces strong 2022 results from all companies. Each company saw steady YOY growth, improved operational efficiency, and the implementation of new programs driven by the consistent hard work and dedication of its employees. “2022 focused on the synergy …Read More

Westlake Portfolio Management Services American Car Center’s Outstanding Leases - - Published on March 3, 2023

Westlake Portfolio Management Services American Car Center’s Outstanding Leases FOR IMMEDIATE RELEASE (March 2023) – Los Angeles CA. Westlake Portfolio Management (“WPM”), a loan servicer located in Los Angeles, California, has agreed to service the leases of American Car Center (“ACC”), a used car dealership based in Memphis, Tennessee. In light of ACC’s recent and abrupt …Read More

Westlake Financial Remarketing Division Presents the 2022 Auction of the Year Award to Rawls Auto Auction - - Published on February 7, 2023

Westlake Financial Remarketing Division Presents the 2022 Auction of the Year Award to Rawls Auto Auction FOR IMMEDIATE RELEASE (February 2022): Los Angeles, CA – Westlake Financial Remarketing division is thrilled to announce the winner of its 2022 Auction of the Year Awards in recognition of their incredible performances this past year! 2022 Nationwide Auction of …Read More

Westlake Portfolio Management Chosen to Service Nicholas Financial’s $165M Loan Portfolio - - Published on January 27, 2023

July 2006 – WesWestlake Portfolio Management Chosen to Service Nicholas Financial’s $165M Loan Portfoliotlake Partners with Payless Car Sales, Inc. FOR IMMEDIATE RELEASE (January 2023) Los Angeles, CA – Westlake Portfolio Management (“WPM”), a loan servicer located in Los Angeles, California, announces they have entered into a servicing partnership with Nicholas Financial, an auto and consumer …Read More

Westlake Portfolio Management Selected to Service Car Capital’s $105 Million Active Portfolio  - - Published on January 11, 2023

Westlake Portfolio Management Selected to Service Car Capital’s $105 Million Active Portfolio  FOR IMMEDIATE RELEASE (January 2023): Los Angeles, CA – Westlake Portfolio Management (“WPM”), a backup servicing company located in Los Angeles, California, has been selected by Car Capital, an auto loan company and a subsidiary of Car Capital Technologies based in Grapevine, Texas, as its …Read More