Western Funding Inc. (WFDI: OTCID) To Begin Trading on the OTCID Market

LAS VEGAS--(BUSINESS WIRE)--Western Funding, Inc. (WFDI: OTCID), a subsidiary of Westlake Technology Holdings, is announcing that its common stock shares are set to begin trading on the OTCID this month.

Founded in 1962 and acquired by its parent company in 2013, Western Funding is an indirect auto lender operating in all 50 States. Western Funding is designed to complement Westlake’s offerings across the automotive finance credit spectrum and leverage the scale and services available. In an effort to unlock the company’s value potential, Western Funding has elected to list its shares on the OTCID market. Notably, Western Funding is not seeking to raise equity capital at this time.

As of December 31, 2025, Western Funding’s consumer loan portfolio totaled approximately $1.3 billion. For the full year 2025, the company generated pre-tax income of $56.7 million and net income of $39.4 million. Shares of companies with similar profiles typically trade in a range of 10x to 18x after-tax earnings.

“We are excited to achieve this milestone of listing Western Funding’s stock for trading on the OTC market! Our primary focus will continue to be driving profitable growth and increasing the value of the Company,” said Jim Murray, President of Western Funding.

“This milestone underscores the strength of Western Funding’s business and our focus on unlocking value across the Westlake portfolio,” said Ian Anderson, Group President of Westlake Technology Holdings.

Forward-Looking Statement Disclaimer

This press release contains certain forward-looking statements, including Western Funding’s financial performance, business strategy, and plans and objectives for future operations. These statements reflect current expectations and are subject to risks and uncertainties that may cause actual results to differ. Factors that could cause or contribute to such differences include, but are not limited to, regulatory policies, competition from other similar businesses, and market and general economic conditions. Western Funding assumes no obligation to update these statements except as required by law.

About Westlake Technology Holdings: Westlake Technology Holdings is an auto and finance technology company headquartered in Los Angeles, CA, with approximately $26 billion in assets under management. Westlake Financial Services (“Westlake”) originates indirect automotive retail installment contracts through a nationwide network of new and used automotive and a wide variety of asset types. Westlake also offers credit facilities and commercial real estate loans through Westlake Capital Finance (WCF); portfolio servicing through Westlake Portfolio Management (WPM); floor plan lines of credit are provided through its 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; indirect automotive leasing for credit unions through Westlake’s subsidiary, Credit Union Leasing of America (CULA); dealer leads and direct-to-consumer auto loans are offered through Westlake Direct; consumer installment loans are offered through Westlake’s wholly-owned subsidiary LoanCenter, www.loancenter.com.