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Axis Appoints Ian Anderson, Chairman out of Westlake Financial, on the Panel

Axis Appoints Ian Anderson, Chairman out of Westlake Financial, on the Panel – Toronto, Ontario – Axis Vehicles Money Inc. (“Axis” or even the “Company”) (TSX: AXIS), a financial tech team altering how Canadians get and you will finance made use of car, is very happy to mention the fresh appointment away from Ian Anderson, President of Westlake Economic, on the Panel out of Directors. • With a portfolio more than USD $fifteen mil, Westlake ‘s the prominent actually stored automobile finance company in the Us • Immediately after their fulfilling once the Chairman inside the 2008, Mr. Anderson took Westlake off USD $400 million during the assets to around USD $fifteen mil already While doing so, the business is growing B2B non-finest auto loan originations by the bringing innovative tech choice and superior provider so you can its Broker Spouse Network “I am happy to help you allowed Mr. Anderson towards Panel. His business assistance will assist publication Axis for a long time,” told you Todd Hudson, President out of Axis. “Just like Westlake in the last a decade, creativity is actually riding the growth of one’s company once we roll away top-border fintech efforts”, he added. All of the Axis automobile financing are accountable to Equifax, ultimately causing more 70% regarding users viewing a critical upgrade of its fico scores NowLake provides invested CAD $15 mil towards Axis’ well-known offers during the and you can owns as much as twenty four% of your own Business. Financing proceeds are now being accustomed write and you may roll out electronic loan origination avenues as well as general corporate motives....