Westlake Financial Partners with AUL
March 13 2018 - 2:01PM
Business Wire
Westlake Financial Services announces a new partnership with AUL
Corp. (AUL), the nation’s premier warranty and vehicle service
contract administrator. Bringing nearly 30 years of experience, AUL
will now provide back-end servicing in 19 states for Secure One®,
Westlake’s vehicle protection program.
“Our customers look for reliable vehicle protection options that
allow them to drive every mile with confidence,” stated Ralph
Ontiveros, Vice President of Westlake Services & Lending
Solutions. “Not only does AUL have a national network of repair
facilities and industry-leading customer support, it also is backed
by an ‘A’ rated underwriter, providing great benefits to our
customers and peace of mind on the road.”
Bryan Nieves, AUL’s Vice President of National Accounts, agrees,
“We just celebrated the issuance of our 2 millionth policy, and we
welcome new partners who share our customer-first philosophy.
Westlake Financial’s sterling reputation and commitment to its
customers’ well-being make them a natural fit for our back-end
services. We look forward to honoring their reputation with
best-in-class support.”
Secure One® offers two vehicle protection coverages; Powertrain
and Advantage. Powertrain will cover the vehicle’s engine group,
turbocharger/supercharger, transmission, transaxle, transfer case
and drive axle group. With Advantage Coverage, the customer will
receive all Powertrain Coverage, plus; power steering, electrical
and air conditioning. Both coverage options are available on either
a 12-month/12,000-mile or a 24-month/24,000-mile financed term.
Additional product benefits include; $100 deductible, 24-hour
roadside assistance, rental car and trip interruption.
Westlake Financial Services is active in all 50 states plus
Puerto Rico, with a dealer base of over 30,000 franchise and
independent dealerships. Dealerships interested in learning more
about Westlake Financial Services are invited to contact Westlake
directly at 1.888.893-7937 or online at
www.westlakefinancial.com.
About Westlake Financial Holdings: Westlake Financial Holdings
is an auto and finance technology company headquartered in Los
Angeles, CA with approximately $6.5 billion in assets under
management. Westlake Financial Services originates indirect
automotive retail installment contracts through a nationwide
network of new and used automotive and powersports dealers.
Westlake also offers loan portfolio purchasing, credit facilities
and portfolio servicing through their ALPS division (Advanced
Lending & Portfolio Services); www.WestlakeALPS.com. Floor plan
lines of credit are provided through their 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, and indirect
automotive leasing for credit unions through Credit Union Leasing
of America (CULA), is a subsidiary of Westlake, dealers leads and
direct-to-consumer auto loans through Westlake Direct, and
direct to consumer title loans are through Westlake’s wholly owned
subsidiary Loan Center; www.loancenter.com. 318WFSPR2
www.WestlakeFinancial.com
About AUL Corp.
AUL Corp. founded the national used car service contract
industry in 1990 with its still-famous Any Year, Any Mileage®
vehicle service contract. AUL continues leading its industry and is
the only provider of its type authorized to conduct business in all
50 states. AUL enjoys a long relationship with its underwriters,
who hold an A.M. Best rating of "A" Excellent. AUL Corp. also
enjoys the longest-term relationships in the industry with its
agent and dealer clients, as verified by independent
third-party research. AUL's mission is to be the premier service
contract administrator in America by any quantifiable measurement
of business activity. To find out more, please visit
www.aulcorp.com.
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version on businesswire.com: http://www.businesswire.com/news/home/20180313006291/en/
Westlake Financial ServicesDavid Goff,VP of
Marketingdgoff@WestlakeFinancial.com