{"success":true,"data":{"pressRelease":{"id":"5708","rtpr_id":"nBw1Wl855a","ticker":"WFDI","exchange":"OTC","all_tickers":["WFDI"],"title":"Western Funding Inc. (WFDI: OTCID) To Begin Trading on the OTCID Market","author":"Business Wire","published_at":"2026-04-22T23:14:00.071Z","article_body":"Western Funding Inc. (WFDI: OTCID) To Begin Trading on the OTCID Market\n\nWestern Funding, Inc. (WFDI: OTCID), a subsidiary of Westlake Technology\nHoldings, is announcing that its common stock shares are set to begin trading\non the OTCID this month.\n\nFounded in 1962 and acquired by its parent company in 2013, Western Funding is\nan indirect auto lender operating in all 50 States. Western Funding is\ndesigned to complement Westlake’s offerings across the automotive finance\ncredit spectrum and leverage the scale and services available. In an effort to\nunlock the company’s value potential, Western Funding has elected to list\nits shares on the OTCID market. Notably, Western Funding is not seeking to\nraise equity capital at this time.\n\nAs of December 31, 2025, Western Funding’s consumer loan portfolio totaled\napproximately $1.3 billion. For the full year 2025, the company generated\npre-tax income of $56.7 million and net income of $39.4 million. Shares of\ncompanies with similar profiles typically trade in a range of 10x to 18x\nafter-tax earnings.\n\n“We are excited to achieve this milestone of listing Western Funding’s\nstock for trading on the OTC market! Our primary focus will continue to be\ndriving profitable growth and increasing the value of the Company,” said Jim\nMurray, President of Western Funding.\n\n“This milestone underscores the strength of Western Funding’s business and\nour focus on unlocking value across the Westlake portfolio,” said Ian\nAnderson, Group President of Westlake Technology Holdings.\n\nForward-Looking Statement Disclaimer\n\nThis press release contains certain forward-looking statements, including\nWestern Funding’s financial performance, business strategy, and plans and\nobjectives for future operations. These statements reflect current\nexpectations and are subject to risks and uncertainties that may cause actual\nresults to differ. Factors that could cause or contribute to such differences\ninclude, but are not limited to, regulatory policies, competition from other\nsimilar businesses, and market and general economic conditions. Western\nFunding assumes no obligation to update these statements except as required by\nlaw.\n\nAbout Westlake Technology Holdings: Westlake Technology Holdings is an auto\nand finance technology company headquartered in Los Angeles, CA, with\napproximately $26 billion in assets under management. Westlake Financial\nServices (“Westlake”) originates indirect automotive retail installment\ncontracts through a nationwide network of new and used automotive and a wide\nvariety of asset types. Westlake also offers credit facilities and commercial\nreal estate loans through Westlake Capital Finance\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.westlakefinancial.com%2Fother-finance-solutions%2F%23credit-lines&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=Westlake+Capital+Finance&index=1&md5=2bdae402cc7dfe6470f3f9ac06658034)\n(WCF); portfolio servicing through Westlake Portfolio Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.wpmservicing.com%2F&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=Westlake+Portfolio+Management&index=2&md5=8a1e751b6dc4e6b586244a4d278ffd81)\n(WPM); floor plan lines of credit are provided through its Westlake Flooring\nServices division, www.WestlakeFlooringServices.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam12.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.westlakeflooringservices.com%252F%26data%3D04%257C01%257C%257C38dc6869c86e4636cf2508d9788cadfe%257Cbf0b48c768944eb6bf538621676ccee4%257C0%257C0%257C637673367890939480%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C1000%26sdata%3DPjEo5%252FEyRbPhSpS5JkJVoDhp%252Fd%252BvgUAW7oVwzLC7vxs%253D%26reserved%3D0&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=www.WestlakeFlooringServices.com&index=3&md5=47b1e68428f12fe10fb0fe15ca7debdd)\n; shared cash flow auto lending through Westlake’s wholly-owned subsidiary,\nWestern Funding Inc., a Nevada based auto lender; indirect automotive leasing\nfor credit unions through Westlake’s subsidiary, Credit Union Leasing of\nAmerica (CULA); dealer leads and direct-to-consumer auto loans are offered\nthrough Westlake Direct; consumer installment loans are offered through\nWestlake’s wholly-owned subsidiary LoanCenter, www.loancenter.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam12.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.loancenter.com%252F%26data%3D04%257C01%257C%257C38dc6869c86e4636cf2508d9788cadfe%257Cbf0b48c768944eb6bf538621676ccee4%257C0%257C0%257C637673367890949477%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C1000%26sdata%3DoghXq8bbN5gTdoTHoRLZR9aLXwCt0qhmx1tjhs2QFH4%253D%26reserved%3D0&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=www.loancenter.com&index=4&md5=90b704c96472cfb172080e4b05ac91df)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422117499/en/\n(https://www.businesswire.com/news/home/20260422117499/en/)\n\nMedia Contact: David Goff\n\nEmail: investorrelations@westernfundinginc.com\n(mailto:investorrelations@westernfundinginc.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw1Wl855a","title":"Western Funding Inc. (WFDI: OTCID) To Begin Trading on the OTCID Market","author":"Business Wire","ticker":"WFDI","created":"2026-04-22T23:14:00.071Z","tickers":["WFDI"],"exchange":"OTC","article_body":"Western Funding Inc. (WFDI: OTCID) To Begin Trading on the OTCID Market\n\nWestern Funding, Inc. (WFDI: OTCID), a subsidiary of Westlake Technology\nHoldings, is announcing that its common stock shares are set to begin trading\non the OTCID this month.\n\nFounded in 1962 and acquired by its parent company in 2013, Western Funding is\nan indirect auto lender operating in all 50 States. Western Funding is\ndesigned to complement Westlake’s offerings across the automotive finance\ncredit spectrum and leverage the scale and services available. In an effort to\nunlock the company’s value potential, Western Funding has elected to list\nits shares on the OTCID market. Notably, Western Funding is not seeking to\nraise equity capital at this time.\n\nAs of December 31, 2025, Western Funding’s consumer loan portfolio totaled\napproximately $1.3 billion. For the full year 2025, the company generated\npre-tax income of $56.7 million and net income of $39.4 million. Shares of\ncompanies with similar profiles typically trade in a range of 10x to 18x\nafter-tax earnings.\n\n“We are excited to achieve this milestone of listing Western Funding’s\nstock for trading on the OTC market! Our primary focus will continue to be\ndriving profitable growth and increasing the value of the Company,” said Jim\nMurray, President of Western Funding.\n\n“This milestone underscores the strength of Western Funding’s business and\nour focus on unlocking value across the Westlake portfolio,” said Ian\nAnderson, Group President of Westlake Technology Holdings.\n\nForward-Looking Statement Disclaimer\n\nThis press release contains certain forward-looking statements, including\nWestern Funding’s financial performance, business strategy, and plans and\nobjectives for future operations. These statements reflect current\nexpectations and are subject to risks and uncertainties that may cause actual\nresults to differ. Factors that could cause or contribute to such differences\ninclude, but are not limited to, regulatory policies, competition from other\nsimilar businesses, and market and general economic conditions. Western\nFunding assumes no obligation to update these statements except as required by\nlaw.\n\nAbout Westlake Technology Holdings: Westlake Technology Holdings is an auto\nand finance technology company headquartered in Los Angeles, CA, with\napproximately $26 billion in assets under management. Westlake Financial\nServices (“Westlake”) originates indirect automotive retail installment\ncontracts through a nationwide network of new and used automotive and a wide\nvariety of asset types. Westlake also offers credit facilities and commercial\nreal estate loans through Westlake Capital Finance\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.westlakefinancial.com%2Fother-finance-solutions%2F%23credit-lines&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=Westlake+Capital+Finance&index=1&md5=2bdae402cc7dfe6470f3f9ac06658034)\n(WCF); portfolio servicing through Westlake Portfolio Management\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.wpmservicing.com%2F&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=Westlake+Portfolio+Management&index=2&md5=8a1e751b6dc4e6b586244a4d278ffd81)\n(WPM); floor plan lines of credit are provided through its Westlake Flooring\nServices division, www.WestlakeFlooringServices.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam12.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.westlakeflooringservices.com%252F%26data%3D04%257C01%257C%257C38dc6869c86e4636cf2508d9788cadfe%257Cbf0b48c768944eb6bf538621676ccee4%257C0%257C0%257C637673367890939480%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C1000%26sdata%3DPjEo5%252FEyRbPhSpS5JkJVoDhp%252Fd%252BvgUAW7oVwzLC7vxs%253D%26reserved%3D0&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=www.WestlakeFlooringServices.com&index=3&md5=47b1e68428f12fe10fb0fe15ca7debdd)\n; shared cash flow auto lending through Westlake’s wholly-owned subsidiary,\nWestern Funding Inc., a Nevada based auto lender; indirect automotive leasing\nfor credit unions through Westlake’s subsidiary, Credit Union Leasing of\nAmerica (CULA); dealer leads and direct-to-consumer auto loans are offered\nthrough Westlake Direct; consumer installment loans are offered through\nWestlake’s wholly-owned subsidiary LoanCenter, www.loancenter.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fnam12.safelinks.protection.outlook.com%2F%3Furl%3Dhttp%253A%252F%252Fwww.loancenter.com%252F%26data%3D04%257C01%257C%257C38dc6869c86e4636cf2508d9788cadfe%257Cbf0b48c768944eb6bf538621676ccee4%257C0%257C0%257C637673367890949477%257CUnknown%257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%253D%257C1000%26sdata%3DoghXq8bbN5gTdoTHoRLZR9aLXwCt0qhmx1tjhs2QFH4%253D%26reserved%3D0&esheet=54520923&newsitemid=20260422117499&lan=en-US&anchor=www.loancenter.com&index=4&md5=90b704c96472cfb172080e4b05ac91df)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260422117499/en/\n(https://www.businesswire.com/news/home/20260422117499/en/)\n\nMedia Contact: David Goff\n\nEmail: investorrelations@westernfundinginc.com\n(mailto:investorrelations@westernfundinginc.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-04-22T23:14:00.137532758Z","server_sent_at_ms":1776899640137},"received_at":"2026-04-22T23:14:00.285Z","source_url":"https://www.businesswire.com/news/home/20260422117499/en/"},"analysis":{"id":"4186","press_release_id":"5708","analysis_json":{"industry":{"label":"Financial Services","sector":"Financials"},"redFlags":[],"eventType":"other","narrative":"Western Funding, an indirect auto lender and subsidiary of Westlake Technology Holdings, announced its common stock will begin trading on the OTCID market this month.\n\nThe company clarified it is not seeking to raise equity capital with this listing, which is intended to unlock shareholder value.\n\nFor the full year 2025, Western Funding reported a $1.3 billion loan portfolio, generating $39.4 million in net income.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Administrative listing change provides updated financial snapshot but no operational shift."},"keyFigures":{"customDimensions":{"fy_2025_net_income":"$39.4 million","fy_2025_pretax_income":"$56.7 million","consumer_loan_portfolio_dec_31_2025":"$1.3 billion"}},"quotedText":"We are excited to achieve this milestone of listing Western Funding’s stock for trading on the OTC market!","namedEntities":{"people":[{"name":"Jim Murray","role":"President of Western Funding"},{"name":"Ian Anderson","role":"Group President of Westlake Technology Holdings"},{"name":"David Goff","role":"Media Contact"}],"products":[],"companies":[{"name":"Western Funding, Inc.","ticker":"WFDI"},{"name":"Westlake Technology Holdings","relationship":"parent company"},{"name":"Westlake Financial Services","relationship":"parent subsidiary"},{"name":"Westlake Capital Finance","relationship":"subsidiary"},{"name":"Westlake Portfolio Management","relationship":"subsidiary"},{"name":"Westlake Flooring Services","relationship":"division"},{"name":"Credit Union Leasing of America (CULA)","relationship":"subsidiary"},{"name":"Westlake Direct","relationship":"subsidiary"},{"name":"LoanCenter","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$1.3 billion","context":"consumer loan portfolio as of December 31, 2025"},{"amount":"$56.7 million","context":"full year 2025 pre-tax income"},{"amount":"$39.4 million","context":"full year 2025 net income"},{"amount":"$26 billion","context":"Westlake Technology Holdings assets under management"}]},"materialImpact":{"score":1,"reasoning":"The announcement is purely administrative regarding a listing change (OTCID) without a capital raise. While it provides updated financials, it is a non-event operationally and does not change the business outlook."},"tickerRelevance":{"others":[],"primary":"WFDI"},"eventTypeSecondary":[]},"event_type":"other","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Western Funding, an indirect auto lender and subsidiary of Westlake Technology Holdings, announced its common stock will begin trading on the OTCID market this month.\n\nThe company clarified it is not seeking to raise equity capital with this listing, which is intended to unlock shareholder value.\n\nFor the full year 2025, Western Funding reported a $1.3 billion loan portfolio, generating $39.4 million in net income.","key_figures":{"customDimensions":{"fy_2025_net_income":"$39.4 million","fy_2025_pretax_income":"$56.7 million","consumer_loan_portfolio_dec_31_2025":"$1.3 billion"}},"named_entities":{"people":[{"name":"Jim Murray","role":"President of Western Funding"},{"name":"Ian Anderson","role":"Group President of Westlake Technology Holdings"},{"name":"David Goff","role":"Media Contact"}],"products":[],"companies":[{"name":"Western Funding, Inc.","ticker":"WFDI"},{"name":"Westlake Technology Holdings","relationship":"parent company"},{"name":"Westlake Financial Services","relationship":"parent subsidiary"},{"name":"Westlake Capital Finance","relationship":"subsidiary"},{"name":"Westlake Portfolio Management","relationship":"subsidiary"},{"name":"Westlake Flooring Services","relationship":"division"},{"name":"Credit Union Leasing of America (CULA)","relationship":"subsidiary"},{"name":"Westlake Direct","relationship":"subsidiary"},{"name":"LoanCenter","relationship":"subsidiary"}],"dollarAmounts":[{"amount":"$1.3 billion","context":"consumer loan portfolio as of December 31, 2025"},{"amount":"$56.7 million","context":"full year 2025 pre-tax income"},{"amount":"$39.4 million","context":"full year 2025 net income"},{"amount":"$26 billion","context":"Westlake Technology Holdings assets under management"}]},"model_name":"glm-4.7","prompt_hash":"sha256:2f2748f0fcc8c4f2","schema_hash":"sha256:ad96b863d7123008","created_at":"2026-04-23T01:17:41.781Z","global_importance":3,"audience_relevance":3,"importance_components":{"method":"backfill-heuristic","signals":{"bodyLong":false,"headlineTier1":false,"tickerCovered":false,"hadSignificance":false},"version":1,"computedAt":"2026-04-27T11:52:54.555Z"}},"durationMs":169267,"modelName":"glm-4.7"}}