– Toronto, Ontario – Axis Vehicles Money Inc. (“Axis” or even the “Company”) (TSX: AXIS), an economic technology company altering how Canadians get and you can funds made use of car, are happy to mention the meeting away from Ian Anderson, Chairman from Westlake Monetary, towards Panel regarding Administrators.
All the Axis automobile financing are accountable to Equifax, leading to more 70% from users seeing a critical upgrade of their fico scores
• That have a profile more than USD $15 mil, Westlake ‘s the premier individually held automobile monetary institution on the United states
• After his meeting because President in the 2008, Mr. Anderson grabbed Westlake regarding USD $eight hundred million from inside the possessions to around USD $fifteen billion currently
“I’m very pleased so you can acceptance Mr. Anderson to the Panel. Their industry solutions can assist publication Axis for many years,” told you Todd Hudson, Ceo from Axis. “The same as Westlake during the last a decade, development was operating the development your company even as we move aside best-border fintech efforts”, he additional.
Simultaneously, the firm continues to grow B2B low-prime car finance originations because of the bringing imaginative technical choices and you can superior solution to help you its Specialist Companion System
NowLake has actually invested CAD $fifteen mil to the Axis’ well-known shares into the and you can owns up to 24% of Organization.
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