Backup
Loan Servicing
In the event that you experience servicing interruptions, WPM can help.
- Fully execute transfer of servicing in as little as 1 day
- Experience with auto, title, buy now pay later, and a variety of unsecured loans
- Regardless of portfolio size, WPM is scalable & expandable
- Customized metrics & reporting as needed
Get in Touch.
Portfolios we service
Westlake Portfolio Management (WPM) back up servicing provides new and existing financial companies, credit unions, or investors reliable backup servicing for:
- Auto Loans
- Unsecured Loans
- Medical Loans
- Title Loans
- Small business
- Auto Lease
- Buy Now Pay Later
- And more!
Efficient Transfers
In the case of a servicing interruption, we are ready to step in at a moment's notice. Using custom, cutting-edge technology, WPM efficiently and effectively transfers accounts in as little as 1 day.
Reduced Costs
WPM utilizes Westlake Financial's servicing scale & industry partnerships to efficiently manage all aspects of the loan servicing process—all to reduce operational costs for your business.
Proven Results
WPM has among the lowest delinquencies in the industry, with a proven history of portfolio improvement after servicing transfer.
Years of Experience
WPM and its parent company, Westlake Financial, have 30+ years of experience providing efficient, effective backup servicing. Past backup servicing partnerships include large national banks, local lenders, & private equity.
Let us be your backup.
Get in touch to learn more about how WPM can improve your loan servicing and provide the backup you need!
We are prepared to take on your:
- Collections
- Remarketing
- Title Administration
- Reporting
- Repossession
- And More!
