{"id":1004134059,"date":"2015-12-22T05:15:16","date_gmt":"2015-12-22T13:15:16","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004134059"},"modified":"2021-05-14T20:17:36","modified_gmt":"2021-05-15T04:17:36","slug":"gm-financial-to-locate-financial-service-center-in-san-antonio","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/gm-financial-to-locate-financial-service-center-in-san-antonio\/","title":{"rendered":"GM Financial to Locate Financial Service Center in San Antonio"},"content":{"rendered":"<p><em>By Anca Gagiuc, Associate Editor<\/em><\/p>\n<div id=\"attachment_1004134060\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Dan-Berce-GM-Financial.png\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004134060\" data-attachment-id=\"1004134060\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/gm-financial-to-locate-financial-service-center-in-san-antonio\/dan-berce-gm-financial\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Dan-Berce-GM-Financial.png\" data-orig-size=\"433,325\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Dan Berce, GM\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Dan Berce, GM &lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Dan-Berce-GM-Financial.png?w=433\" loading=\"lazy\" class=\"wp-image-1004134060 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Dan-Berce-GM-Financial.png\" alt=\"Dan Berce of General Motors\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Dan-Berce-GM-Financial.png 433w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/12\/Dan-Berce-GM-Financial.png?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004134060\" class=\"wp-caption-text\"><em>Dan Berce of General Motors<\/em><\/p><\/div>\n<p>SAN ANTONIO\u2014<a href=\"https:\/\/www.gmfinancial.com\/\" target=\"_blank\" rel=\"nofollow noopener\">General Motors Financial Company Inc.<\/a> (GM Financial)\u00a0plans to expand its operations by building a financial servicing center in San Antonio, Texas. In order to do so, the company intends to enter into an agreement with Canada-based\u00a0<a href=\"https:\/\/www.westernsecurities.ca\/\" target=\"_blank\" rel=\"nofollow noopener\">Western Securities Ltd.<\/a><\/p>\n<p>\u201cAs GM Financial continues to grow to support General Motors, we have a strategic focus on providing best-in-class service to our customers and dealers. This additional facility will help us do that by expanding our workforce and service capacity in a strong and vibrant employment market,\u201d said GM Financial CEO Dan Berce. \u201cWe are excited to add another servicing center in the state that is home to GM Financial\u2019s corporate headquarters and other operational facilities.\u201d<\/p>\n<p>A 100,000-square-foot facility is planned for construction on 13.8 acres off of the Raymond E. Stotzer Freeway at the intersection of Westover Link and North Ellison Drive. Construction is scheduled to begin in early 2016, with completion set for the first quarter of 2017.<\/p>\n<p>\u201cI\u2019d like to welcome GM Financial\u2019s financial and customer support operations to San Antonio,\u201d said San Antonio Mayor Ivy Taylor. \u201cWithin the next four years, this project will bring a minimum of 490 full-time jobs to our city, a testament to San Antonio\u2019s strengths in this industry area.\u201d<\/p>\n<p>The <a href=\"https:\/\/www.sanantonio.gov\/council\" target=\"_blank\" rel=\"noopener\">San Antonio City Council<\/a> approved the proposed incentive package recommended by the <a href=\"https:\/\/www.sanantonio.gov\/EDD\/AboutUs.aspx\" target=\"_blank\" rel=\"noopener\">City\u2019s Economic Development Department<\/a>, while the\u00a0<a href=\"https:\/\/www.bexar.org\/\" target=\"_blank\" rel=\"noopener\">Bexar County Commissioners Court<\/a> authorized <a href=\"https:\/\/home.bexar.org\/ed\/\" target=\"_blank\" rel=\"noopener\">Bexar County Economic Development<\/a> to begin negotiation of terms. As an incentive, a Texas Enterprise Fund grant offer of $2.5 million has been extended to GM Financial.<\/p>\n<p>\u201cTexas is proud that GM Financial has chosen San Antonio as the home of its next financial servicing center,\u201d said Governor Abbott. \u201cThanks to our low-tax, low-regulation environment, GM Financial will be creating nearly 500 jobs and investing tens of millions of dollars in the Texas economy. As Governor, I will continue to pursue policies that encourage this type of investment with the goal of making Texas an even better place to live, work and raise a family.\u201d<\/p>\n<p>\u201cWe are excited that GM Financial has selected San Antonio as the home of their operations facility,\u201d said Wayne Peacock, chairman of the San Antonio Economic Development Foundation. \u201cGM Financial will generate a lasting economic impact on the community by committing to add 490 new jobs, with the possibility of growing that number up to 700 over time. In fact, according to analysis conducted by Impact DataSource, the total economic output over the first 10 years of operations could reach nearly $333 million.\u201d<\/p>\n<p><em>Image courtesy of GM<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>General Motors&#8217; finance subsidiary will open a financial servicing center in San Antonio.<\/p>\n","protected":false},"author":237,"featured_media":1004134060,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21742,21747,1607],"tags":[],"class_list":["post-1004134059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-latest","category-office","category-san-antonio"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>GM Financial to Locate Financial Service Center in San Antonio - 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