Western Funding Announces June 2015 as Biggest Month in Company History
Western Funding, a specialized automotive finance company focusing on sub-prime finance, announces June 2015 as its biggest origination month in company history. During the month of June, the company funded 906 deals for $11.2 million in contracts.
Western Funding's portfolio size now stands at $84 million, a 154% increase over last year. The portfolio continues to outperform expected losses.
"We are excited to announce June as our biggest originations month, as it makes an immediate impact on the growth of our company," stated Western Funding President, Guerin Senter. "We attribute this strategic growth to the development of our sales team and expansion into new markets."
The Las Vegas based auto finance company attributes its recent success to the expansion into new markets and the growth of its sales team. Western Funding currently operates in 18 states and has a 45 person sales force. The company's goal is to be in all 50 states by the end of 2016.
Western Funding plans on hiring another 30 sales reps by the end of the year, with the majority of those starting in August 2015. "We're just starting to gear up our next start-group and embark on the interviewing and recruiting process right now," stated Senter.
Western Funding's sustainable growth requires a need for new talent to lead the company into prosperous national growth. Individuals with purpose and a passion for the automotive industry interested in joining the Western Funding team are encouraged to call Western Funding directly at 702-322-9883.
About Western Funding Incorporated: Western Funding is a specialized consumer finance company and subsidiary of Westlake Financial Services, providing automobile financing to borrowers with limited access to traditional credit. A pioneer in the subprime auto finance sector, Western Funding is an icon in the auto finance industry. Headquartered in Las Vegas, NV, Western Funding acquires and services installment loan contracts originated by their national network of automobile dealers, as well as offering portfolio purchasing.
Western Funding Incorporated
Guerin Senter, President