Westlake Technology Holdings Prioritizes Efficiency in the Year 2022
Westlake Technology Holdings, a leading auto fintech company, announces strong 2022 results from all companies. Each company saw steady YOY growth, improved operational efficiency, and the implementation of new programs driven by the consistent hard work and dedication of its employees.
"2022 focused on the synergy between our companies," stated Ian Anderson, Group President of Westlake Technology Holdings. "Throughout the year we looked for innovative ways of improving operation efficiencies to grow our businesses." Westlake Holdings ended the year at 20.1 billion in assets under management, up from 16 billion in 2021.
In 2022 Westlake Technology Holdings reported the following:
Westlake Technology Holdings currently exceeds $20 billion in total assets. Those interested in learning more can visit www.westlakefinancial.com.
About Westlake Technology Holdings: Westlake Technology Holdings is an auto and finance technology company headquartered in Los Angeles, CA with approximately $20 billion in assets under management. Westlake Financial ("Westlake") originates indirect automotive retail installment contracts through a nationwide network of new and used automotive and power sports dealers. Westlake also offers credit facilities and commercial real estate loans through Westlake Capital Finance (WCF); portfolio servicing through Westlake Portfolio Management (WPM); floor plan lines of credit are provided through its Westlake Flooring Services division, www.WestlakeFlooringServices.com; shared cash flow auto lending through Westlake's wholly-owned subsidiary, Western Funding Inc., a Nevada based auto lender; indirect automotive leasing for credit unions through Westlake's subsidiary, Credit Union Leasing of America (CULA); dealer leads and direct-to-consumer auto loans are offered through Westlake Direct; consumer installment loans are offered through Westlake's wholly-owned subsidiary LoanCenter, www.loancenter.com.
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