After a successful pilot program, Westlake Financial Services now is catering to dealers that want to retail vehicles with branded titles to consumers who need to finance these purchases.
According to a news release distributed last week, Westlake said it now finances vehicles with brands in 47 states. The company indicated vehicles labeled as salvage, junk, rebuilt, water damage, storm damage, flood, hail damage, lemon or crash test vehicle are all eligible for the branded vehicle program.
“We tested financing branded vehicles in a few markets and saw tremendous success,” Westlake business strategic supervisor Pamella Teixeira said. “The success of our pilot allowed us to expand the program into all states excluding New York, Massachusetts, and Puerto Rico. Dealers can continue to rely on Westlake to provide finance for any vehicle or any customer on their lot.”
Westlake senior vice president of servicing Brian Renfro added, “The branded vehicle program provides dealers the opportunity to finance almost any vehicle with Westlake; an option that isn’t given by most other finance companies.”
Westlake Financial Services offers financing to franchised and independent dealers in all 50 states plus Puerto Rico.
Dealerships interested in learning more about Westlake Financial Services can contact Westlake directly at (888) 893-7937 or online at www.westlakefinancial.com.