Western Funding Inc., the Las Vegas based subprime lender bought by Westlake Financial Services in a December 2013 bankruptcy auction, is gearing up for expansion. Western Funding is “poised for aggressive growth,” Westlake President Ian Anderson told Auto Finance News.
In September, Western Funding originated nearly 1,000 loans, up from 19 in January when the company restarted operations, said WFI President Guerin Senter. “Without having capital restraints, we’re focusing on growing and building a real business,” he added.
