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AutoGravity Announces Partnership with CarFinance.com

New agreement gives car shoppers broader access to auto financing options on AutoGravity

IRVINE, Calif. April 20, 2017 – AutoGravity, the FinTech pioneer transforming car shopping and finance with smartphone technology, today announced a partnership with CarFinance.com, an industry leading direct to consumer online lender that is an affiliate of Flagship Credit Acceptance. The new partnership gives qualified users access to even more financing options through the AutoGravity digital platform.

“AutoGravity transforms car financing by empowering car buyers with up to four binding finance offers in minutes,” said Andy Hinrichs, founder and chief executive officer of AutoGravity.  “Growth in our network of partner lenders creates more options for our users, marking another great step forward in delivering a world-class digital car shopping and financing experience.”

CarFinance.com joins a growing list of top automotive lenders that have embraced proprietary AutoGravity technology to allow consumers to shop for cars and see personalized financing options, all from the convenience of their mobile phones. Users are empowered by a one of a kind financing experience that delivers efficiency, transparency and freedom of choice.

“We are pleased to partner with AutoGravity, a rising star in the digital car financing market,” said Samuel López, Senior Vice President and General Manager of CarFinance.com. “More consumers are using digital tools to shop for and finance their cars, as we have seen with our customers at CarFinance.com. Our partnership with AutoGravity will provide car buyers, particularly Millennials, access to our suite of best-in-class online tools that make it easy to complete the entire loan process online.”

Finance offers from CarFinance.com are now available to car shoppers on all versions of the AutoGravity auto financing platform.

“Our success at CarFinance.com is driven by our ability to offer a fantastic user experience as our customers secure financing for their next car. Through our partnership with AutoGravity, we are seizing the opportunity to expand our reach and serve new customer segments with a cutting-edge mobile solution that complements our own digital lending platform and seamless online journey,” said Gerry Quinn, Vice President of Business Development at CarFinance.com.

Based in Irvine, California, AutoGravity helps car buyers get up to four personalized finance offers on the new or used vehicle of their choice – on average in under 10 minutes. Designed with state-of-the-art security, AutoGravity protects user information with advanced bank-level encryption to ensure that sensitive information is processed securely.

AutoGravity is available for download on the Apple App Store and the Google Play Store. AutoGravity is also available as a mobile-responsive web app at www.autogravity.com.

Based in Irvine, California, CarFinance.com simplifies the auto finance process through its proprietary technology and user-centric online solutions.  Consumers can easily navigate the finance process virtually paper free from application through funding using their smartphone or computer, and dealers are able to quickly close a consumer’s loan without any added software or online accounts.  Learn more at carfinance.com.

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About AutoGravity Corporation

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 CarFinance.com

Headquartered in Irvine, California and authorized to do direct lending in 46 states, CarFinance.com is the direct auto lending solution by Flagship Credit Acceptance. Managed by a diverse team of industry leaders, CarFinance.com’s direct to consumer lending platform is dedicated to delivering a best-in-class user experience for consumers looking for a new or used auto loan, or refinancing their existing auto loan. From the easy to use online credit application through the final funding process, the entire process can be completed virtually online directly with CarFinance.com using a mobile device or computer. Each customer’s information is kept private, safe and secure. See what customers are saying on social media by visiting CarFinance.com’s Facebook and Yelp pages.

About Flagship Credit Acceptance

Flagship Credit Acceptance LLC (www.flagshipcredit.com), headquartered in Chadds Ford, Pennsylvania with offices in Irving, Texas, Phoenix, Arizona, Irvine, California and Indianapolis, Indiana, helps credit challenged auto shoppers secure financing through partnerships with primarily franchised auto dealers and through its direct lending platform, CarFinance.com. Flagship Credit has successfully grown its portfolio to $2.9 billion in managed receivables. The Company currently purchases indirect auto contracts from a nationwide network of over 9,400 dealers and originates direct to consumers in 46 states.