Westlake Rolls Out Lease Program

By Staff Writer September 03, 2020

Westlake Financial announced the roll-out of its Auto Lease Program. Auto leasing will launch with Franchise Dealers in California and Arizona and expand into more markets throughout 2020.

“Our goal is to offer full-spectrum finance solutions to our dealer partners,” stated Ian Anderson, Group President for Westlake Holdings. “Adding auto leasing to our product mix gives dealers another tool to help them finance more customers and sell more vehicles.”

Franchise Dealers will receive automated approvals on lease applications submitted through RouteOne.

“With Westlake’s auto leasing program, we are looking to strategically offer leasing in markets where we currently do not have credit union coverage,” said Ken Sopp, president of CULA. Westlake Financial purchased Credit Union Leasing of America (CULA) in 2017. CULA currently holds more than 85,000 prime credit leases.

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Last modified on Friday, 04 September 2020 14:14