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Bank of America to Provide Vehicle Financing

By Jim Bruene on August 12, 1997 10:30 AM

Bank of America
www.bankamerica.com


BofA’s logo already graces the front page of AutoWeb.

Bank of America (San Francisco, CA; $251 billion; 10.8 million ATM cards) signed on to provide vehicle financing for customers of Santa Clara, CA-based AutoWeb Interactive  www.autoweb.com. BofA will provide both purchase and lease financing online in the non-exclusive arrangement. AutoWeb, with a reported 15 million visits per month, is seeking additional financial partners. BofA’s National Dealer Lending Division financed $3 billion in purchases in 1996. In other Web news, BofA is waiving its usual $200 fee for mortgage applications submitted online (screenshot below). Offer is good through entire U.S.

Contacts: Frank Zamani is CEO at AutoWeb, 800.707.9552, info@autoweb.com . Anne Tonks is EVP National Dealer Lending at BofA, 415.622.3456.


BofA is waiving its $200 application fee for mortgage applications submitted online.

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