BMO Harris Bank Partners with AutoGravity to Transform the Car-Shopping and Financing Experience
CHICAGO--(BUSINESS WIRE)--Dec 5, 2018--BMO Harris Bank announced today that it is partnering with AutoGravity, a platform changing the auto-shopping experience, to streamline and simplify the car-buying and financing process for consumers nationwide.
AutoGravity connects car buyers with lenders and dealerships to provide consumers with pre-qualified finance offers for their vehicle of choice. Using the AutoGravity app available on iOS, Android and the Web, buyers choose from new or used vehicles, shop by monthly payment amount, browse local inventory, apply for financing and select a personalized financing offer.
“AutoGravity will enhance the car-finance experience for existing and future customers,” said Craig Harter, Head of U.S. Indirect Auto, BMO Harris Bank. “We are excited to tap into AutoGravity’s growing user base, and look forward to serving the needs of car shoppers.”
AutoGravity has attracted nearly 3 million users who have collectively requested more than $3 billion in vehicle financing. Consumers are becoming more comfortable securing financing options online, and BMO Harris is well positioned to help digital-savvy car shoppers and dealers save time and money.
“BMO Harris Bank is recognized as one of the top U.S. banks in the automotive finance space and they have strong relationships with dealers across the country,” said Mark Humphrey, vice president of AutoGravity’s Lender Network. “We are proud to partner with them to provide car buyers greater transparency, control and confidence in the purchase process.”
This partnership with AutoGravity is another step in BMO’s ongoing journey to make banking more convenient for customers.
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through nearly 600 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank’s commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the U.S. For more information about BMO Harris Bank, go to the company fact sheet. Banking products and services are subject to bank and credit approval. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group,a highly diversified financial services provider with total assets of CDN$774 billion (as of October 31, 2018), and more than 45,000 employees.
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About AutoGravity Corporation
AutoGravity technology is revolutionizing the digital car-buying experience by providing car buyers with tailored loan or lease offers in minutes. Harnessing the power of the smartphone, AutoGravity’s award-winning platform empowers car shoppers with transparency, convenience and speed. Based in Irvine, California, AutoGravity partners with the world’s leading banks and financial services companies to give car buyers direct control over how they finance or lease their cars while connecting them to a nationwide network of trusted car dealerships. The AutoGravity app is available via the Apple App Store, the Google Play Store and all web devices. For more information, please visit www.AutoGravity.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20181205005242/en/
CONTACT: BMO Harris Bank Communications:
Emily Penate, 312-461-7956
Yalissa Cortes, 949-466-8435
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: ONLINE RETAIL AUTOMOTIVE PROFESSIONAL SERVICES BANKING FLEET MANAGEMENT FINANCE RETAIL GENERAL AUTOMOTIVE
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PUB: 12/05/2018 08:00 AM/DISC: 12/05/2018 08:00 AM