Westlake Celebrates 30 Years in Business Featured

By Staff Writer September 04, 2018

Westlake Financial Services celebrated 30 years in business on Aug. 30.

To celebrate, Westlake hosted an employee appreciation event to celebrate three decades in the auto industry and honor its employees’ hard work and dedication. This event consisted of games, raffles, food, and of course, birthday cake.

In 1988, Don Hankey founded Westlake Financial Services based on a need for subprime lending for his customers through his auto dealership. What started out as a footprint solely in subprime auto financing, Westlake Financial Services has blossomed into one of the largest, privately owned auto finance company in the country with $7.73 billion in assets.

Today Westlake offers auto dealerships a full spectrum of finance solutions, including indirect lending through Westlake and Western Funding, floor plan financing through Westlake Flooring Services, portfolio acquisitions and servicing through ALPS and Westlake Portfolio Management, auto leasing trough CULA, and direct-to-consumer secured loans through Wilshire Consumer Credit.

Last modified on Tuesday, 04 September 2018 13:25

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