LOS ANGELES -

Westlake Financial continues to find ways to grow its overall portfolio.

This week, Westlake rolled out a new commercial vehicle financing program, which will be available in eight markets and will expand nationwide throughout the year.

The move comes after Westlake absorbed the accounts of three finance companies that have departed the business in the past year.

According to a news release, Westlake’s commercial vehicle program can allow dealerships to offer financing of up to $65,000 for vehicles ranging from cargo vans to big rigs. Terms can vary from 36 to 72 months, depending on the vehicle mileage, with minimal stipulation requirements.

The company indicated this new program is available in the following states:

— Georgia
— Kansas
— Maryland
— Maine
— Mississippi
— New Jersey
— Ohio
— Virginia

“We are always looking for new avenues to help dealers finance more customers,” said Pamella Teixeira, manager of business strategy and analytics at Westlake Financial. “Our commercial vehicle program fulfills the request we had received from many auto dealers across the country.”

The company went on to mention active Westlake Financial dealers are able to submit commercial vehicle applications from DealerCenter, Dealertrack, RouteOne or CUDL for approval.

Dealers looking for more information on Westlake’s commercial vehicle program can visit www.westlakefinancial.com/commercial-vehicles.