LOS ANGELES -

Dealers in Massachusetts will soon be able to utilize auto finance company Westlake Financial Services, giving  the lender a footprint in every U.S. state.

The company revealed Tuesday it will begin loan originations in Massachusetts starting this coming Friday. 

Commenting on the news, Westlake president Ian Anderson noted, “With entry into Massachusetts, we are now a 50-state national lender. That is something we are very proud of.”

Chris Thoman, Northeast regional manager, chimed in, noting, “We already have local sales representatives on the ground signing up dealers.  We know Massachusetts dealers value options when it comes to financing their customers.

"We are confident once they see what Westlake has to offer, they won’t want — or need — to choose anyone else,” he continued.

As for what the company can offer franchised and independent dealers, the company contends “dealers can find the perfect fit for each customer.”

The company’s  programs include Titanium, for true-prime credit; Platinum; Preferred, Standard; ProfitBuilder; and Partner Programs, for profit-sharing programs. 

Moreover, customers that meet certain criteria can take advantage of the “AAA-Deals” program which gives preferred rates and lower dealer discounts when minimum FICO, income and down payment requirements are met, officials further explained.

“For over 20 years, we’ve been providing both franchise and independent dealers a ‘one-stop shop’ to approve every customer that walks on their lot,” says Mark Vazquez, vice president of sales. 

“With our ‘AAA-Deals’ program, prime customers can get APRs as low as 4.99 percent.  Credit-challenged customers with FICOs below 549 can get APRs as low as 15.99 percent with no vehicle mileage restrictions.  No other full-spectrum finance company can offer those kinds of rates on both sides of the credit spectrum,” he continued, delving further into the company’s offerings.

Massachusetts dealers looking for more information or interested in signing up with Westlake can call 1-888-8-YES-YES or visit www.westlakefinancial.com.  

And in other company news, Westlake noted it is looking for sales representatives in the state and encourage people to contact the company for employment opportunities.