Westlake Financial Services has begun the nationwide roll out of its Titanium Program, which is aimed at prime credit customers.
Wells Fargo Preferred Capital, a subsidiary of Wells Fargo & Company, has increased its revolving credit facility from $240 million for one year to $365 million for three years to Westlake Financial Services.
Open Dealer Exchange LLC has partnered with Westlake Financial Services to allow credit application integration directly within the dealer’s dealership management system (DMS).
Westlake Financial Services expanded its partnership with National Creditors Connection Inc. (NCCI), a field contact service provider, after a successful three-month test program showed a 10- to 15-percent improvement in contact and payment rates of delinquent accounts.
Westlake Financial Services, a full-spectrum indirect auto finance company, formed a new division which will specialize in portfolio acquisition services.
Westlake Financial Services, a full-spectrum indirect auto finance company, received 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 three years.
Westlake Financial Services, a full-spectrum auto finance company, has integrated with Nowcom Corporation’s newly redesigned DealerCenter 7 Website, which features a dealer management system and a streamlined user experience that aims to help dealers structure and submit deals to Westlake.
Westlake Financial Services unveiled several new initiatives as part of its Q4 plan of expanding originations through the end of the year and into 2010.
Westlake Financial Services’ remarketing department launches its new “Buy With Confidence Gold” program. The program will spotlight the company’s best inventory, featuring late-model vehicles with less than 80,000 miles and no frame damage.
RouteOne LLC completed integration with California-based Westlake Financial Services, a privately held finance company specializing in the acquisition and servicing of near-prime to subprime automotive retail installment contracts.
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