LOS ANGELES--(BUSINESS WIRE)--Westlake Financial Services announces that it plans to open a new Production Center in Dallas, TX in January 2015, and it has expanded the senior executive team. The new Production Center will serve as a facility to provide improved servicing for current dealerships as well as the ability to increase the Westlake Dealer Network in one of Westlake’s largest markets.
“The formation of this Production Center will permit Westlake to increase its number of dealer account managers and fortify our national brand while increasing support for our dealer partners,” stated Mark Vazquez, Senior Vice President of Sales and Marketing at Westlake Financial Services. “Comparable to our U.S. headquarters in California, the Texas location will house an incredible amount of brilliant dealership and auto finance personnel who will support our Franchise and Independent dealer partners. This new Production Center will encourage growth of Westlake dealers with our full spectrum programs.”
With the opening of the new location, Westlake will employ 30+ new talent to staff the Production Center. In December 2014, Westlake will begin the hiring process for the new positions which include dealer account managers, an internal sales team and supervisor roles. Potential candidates are encouraged to apply through www.WestlakeFinancial.com.
With Westlake’s incredible growth, the company has brought on Casey Harmon as the new Senior Vice President of Corporate Development. Mr. Harmon will be responsible for developing new strategic partnerships and promoting internal efficiency.
“We brought Casey Harmon on to our senior executive team to forge more partnerships and increase our coverage,” stated Ian Anderson, Group President of Westlake Financial Holdings. “Currently, our companies are at $2.1 Billion in total receivables, and our target is to grow 20% year over year. The addition of Casey Harmon will help us achieve our goals.”
Mr. Harmon brings with him more than 10 years of experience from Toyota Financial Services; he was most recently the National Manager of Dealer Services and Sales where he increased profitability, market share and product penetration. In addition, Mr. Harmon has worked at Toyota Motor Sales U.S.A. where he managed relationships with a network of portfolio dealers. A graduate of Stanford University, Harmon also earned his M.B.A. in Finance and Strategy from The Anderson School at UCLA.
"I have long admired Westlake as one of the most dynamic forces in automotive finance,” stated Casey Harmon, Senior Vice President of Corporate Development at Westlake Financial Services. “I am excited to join the company and contribute to its future growth."
About Westlake Financial Services: Westlake is an internet based, privately held finance company that specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts. Headquartered in Southern California, Westlake originates indirect retail installment contracts through a network of over 20,000 new and used car dealers throughout the United States. Westlake also offers portfolio purchasing through their ALPS division (Advanced Lending & Portfolio Services); www.WestlakeALPS.com. Direct to consumer title loans and unsecured loans are done through Westlake’s wholly owned subsidiary, Wilshire Consumer Credit. Flooring lines of credit are done through their Westlake Flooring Services division; www.WestlakeFlooringServices.com. All collections and servicing are performed in-house from its central facility located in the Mid-Wilshire area of Los Angeles.