LOS ANGELES — Westlake Financial Services announced it is expanding into the New Jersey market.

The company now originates automotive loan contracts in a total of 35 states throughout the U.S. New Jersey contracts began being accepted on Nov. 1.

Mark Vazquez, vice president of sales, indicated that Westlake already has a local dealer account manager in the field signing up dealerships and adding to the company's national dealer network.

"Despite challenging economic conditions, we're proud to announce our continued expansion to new markets. Starting originations in New Jersey furthers our goal of continued growth and expanding our national footprint," said Vazquez.

Ian Anderson, president, added, "We are continuing our business plan to be a full spectrum national lender. We have over 5,000 dealers signed with us and we want to help New Jersey dealers sell more cars."

New Jersey will be a part of Westlake's Mid-Atlantic Region under Ricky Clack, the regional market manager.

For more information, visit www.westlakefinancial.com.