Articles from Westlake Financial

Westlake Financial (“Westlake”), the largest privately held auto finance company, today announced the successful sale of approximately $100 million of subprime auto loans to HFC Acceptance, LLC (“HFC Acceptance”). The transaction, designated WTTD-2026-1 (“Transaction”), represents a first-of-its-kind structure for both organizations and was completed at a 112% principal premium.

Westlake Financial has partnered with Stride Bank to launch the new Westlake Black Visa Credit Card. The card offers credit limits up to $10,000 and cash back rewards on everyday purchases with a competitive purchase APR.

Westlake Financial Remarketing recognizes the winner of their 2023 Auction of the Year Award and the Top 4 Regional Auction Performers.

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 computes.

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!

Westlake Financial partnered with Ronald McDonald’s 2022 Walk for Kids and donated $72K, one of the largest donations in Southern California thus far. The Walk for Kids is motivated to create a community of hope and healing for critically ill children and their loved ones.