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Western Funding secures $450M warehouse facility

Facility will enable independent access to auto ABS market

Joey Pizzolato

Las Vegas-based subprime lender Western Funding secured its first independent warehouse facility on Nov. 13 as the company looks to continue its growth trajectory and access capital markets. The $450 million warehouse financing facility was provided by a team of commercial banks and will enable Westlake Financial subsidiary Western Funding to enter the auto asset-backed […]

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