10
Jun
11

Westlake finalized revolving securitization facility with Wells Fargo Securities

On May, 26 Westlake Financial Services finalized a revolving securitization facility with Wells Fargo Securities worth $250 million. CFO Paul Kerwin said, “This latest securitization is another step towards realizing our goal of becoming a programmatic issuer in the market”. Along with increasing their dealer base they look forward to helping their dealers finance more customers. This deal helps Westlake to reach the aggressive growth strategy they have for the year.

To read more in SubPrime Auto Finance News, please click here.


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