Funding diversification key to auto lenders
Auto lenders are tapping diverse funding sources to establish a capital base that supports origination growth and long-term relationships with ...
Tag: Westlake Financial Services
Auto lenders benefit from capital boost as spreads tighten
An influx of available capital has contributed to tighter spreads and increased lender liquidity, leading to some having excess funds ...
Wells Fargo, Westlake roll out floorplan benefits
Commercial auto lenders are offering benefits to dealers who use them for floorplan financing as inventory builds and costs rise. ...
Under the Hood: Financiers seek creative partnerships to bolster volume
Auto financiers worldwide are extending their reach to boost volume, teaming up with companies to expand credit access for consumers ...
Westlake offering free trial of DealerCenter amid cyberattacks
Westlake Financial Services is offering dealers a free trial to use dealer management system DealerCenter to continue operations after consecutive ...
Westlake-backed Axis Auto Finance explores sale
Toronto-based non-prime lender Axis Auto Finance is eyeing a potential merger or sale of the company. Axis formed a “special ...
Axis Auto originations fall 77%
Canadian subprime lender Axis Auto Finance tightened credit parameters in the second quarter of its fiscal year 2024 ending Dec. ...
Westlake eyes growth, ups capital market activity
Westlake Financial is looking to shore up its liquidity to prepare for additional growth in 2024 as others in the ...
