Partnership expands the scope of vehicle financing options available to AutoGravity customers
Irvine, Calif. February 21, 2017 — AutoGravity, a FinTech pioneer on a mission to transform car financing by harnessing the power of the smartphone, has announced a partnership with Westlake Financial Services to provide access to Westlake Financial auto financing options through the innovative AutoGravity digital platform. Qualified car buyers are now able to access an even broader set of car finance options through the AutoGravity iOS, Android and Web Apps.
Based in Irvine, California, AutoGravity is revolutionizing vehicle financing with its cutting-edge, simple-to-use digital platform by empowering car shoppers with up to four personalized finance options from the comfort of their phones. With this partnership, AutoGravity will provide Westlake Financial Services loan products to a growing population of digital-first car shoppers. AutoGravity customers, in turn, benefit from an expanded set of lending options for the vehicle they wish to purchase.
“We created AutoGravity to improve the car financing experience by putting multiple finance options in the palms of customers’ hands,” said Andy Hinrichs, founder and CEO of AutoGravity. “Our partnership with Westlake Financial Services drives more customers to dealerships and expands Westlake’s ability to finance customers with all credit types.”
AutoGravity realizes the full potential of smartphone technology to quickly connect car shoppers with lenders and dealers that fit their needs. Customers can select any new car by make, model and trim, find nearby dealerships that carries that vehicle, apply for financing and choose from up to four personalized financing options in the app. Equipped with an understanding of their options, car shoppers can go to the dealership with financing in hand and close their deal with confidence.
“Westlake is constantly looking to stay ahead of the competition by leveraging technology and allowing for immediate financing options. Putting Westlake financing options on the AutoGravity platform is a great opportunity to expand Westlake’s reach to more customers and to help improve the car buying experience for everyone.” said Chris Urban, SVP, Risk Management, of Westlake Financial Services.
Indirect financing options from Westlake Financial Services are now available on AutoGravity mobile and web apps as a selectable lender choice.
AutoGravity apps are available for download on the Apple App Store and Google Play Store. The platform is also available as a web application accessible at www.autogravity.com.
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About AutoGravity
AutoGravity is a FinTech pioneer on a mission to transform car financing by harnessing the power of the smartphone. AutoGravity partners with the world’s leading banks and financial services companies to give consumers direct control over how they finance their cars. Available as a native iOS, Android and web app, AutoGravity offers a secure and convenient platform that empowers customers with multiple finance offers within its network of trusted car dealerships. Based in Irvine, California, AutoGravity was founded in 2015 by an international team of digital natives and industry veterans. For more information on AutoGravity, please visit www.autogravity.com and follow @AutoGravityHQ on Twitter.
About Westlake Financial Services
About Westlake Financial Services: Westlake is an internet based, privately held finance company that specializes in the acquisition and servicing of prime to sub-prime automotive retail installment contracts. Headquartered in Southern California, Westlake originates indirect retail installment contracts through a network of over 20,000 new and used car dealers throughout the United States.For more information on Westlake Financial Services, please visit www.westlakefinancial.com and follow the company on LinkedIn at https://www.linkedin.com/company/westlake-financial-services.