General Motors Financial has broken ground today on its new financial servicing center, located in San Antonio, Texas. The new site is seen as a continued commitment by GM Financial to GM as a way to continue to expand its business into a broad spectrum of auto financing solutions, including loan, lease and commercial financing products, to 16,000 dealers worldwide.
“Texas’ welcoming business climate of low taxes and low regulations has propelled the Lone Star State to be a leader in job creation,” said Texas Governor, Greg Abbott. “I am proud that GM Financial has chosen San Antonio as the site of its next financial servicing center, creating nearly 500 jobs and investing tens of millions of dollars in the Texas economy. As Governor, I will continue to pursue policies that keep Texas the premier state for doing business, creating more opportunity and more jobs for Texas families.”
The 100,000 square-foot facility will be situated off of the Raymond E. Stotzer Freeway at the intersection of Westover Link and North Ellison Drive. Construction for the site will begin shortly, and GM Financial hopes to begin occupying the site in spring of 2017.
“GM Financial is making a meaningful investment in our community,” said Texas House Speaker Joe Straus, R-San Antonio. “These jobs will provide new opportunities for our citizens and benefit our larger economy here in San Antonio. Texas continues to be a place that invites and encourages private-sector growth.”