Along with appointing a strategic advisor to its board of directors, OttoMoto recently announced a new integration with Carvant Financial, an indirect lender specializing in deep subprime auto finance.

Through this integration, dealers can now submit directly to Carvant Financial via OttoMoto’s digital-first infrastructure, gaining access to flexible credit programs, real-time deal status updates, and aligned workflows that support safer, faster funding.

The companies said the collaboration also can help dealers expand their reach, increase approvals, and stay compliant while serving underserved customers with confidence.

“Carvant is excited to partner with Ottomoto to bring our deep subprime financing solutions to a broader network of independent dealers,” Carvant Financial chief operating officer Robert Micalizzi said in a news release. “For 15 years, we’ve focused on helping dealers fund more deals through flexible underwriting and fast, consistent funding. Ottomoto’s platform enhances that mission by streamlining onboarding, aligning workflows, and delivering the digital tools dealers need to close complex deals with confidence.

“Together, we’re making it easier for dealers to serve more customers and grow their business,” Micalizzi added.

With more than 15 years of experience serving independent dealers, OttoMoto said Carvant brings a track record of flexible underwriting, fast and consistent funding, and a relationship-driven approach tailored to real-world dealer operations.

By joining the OttoMoto platform, Carvant can enable its programs to reach a broader network of high-intent dealers through secure, compliant, and streamlined digital workflows.

OttoMoto co-founder and CEO Paul Nicholas mentioend the partnership further strengthens the company’s verified lender network and reinforces its commitment to creating a connected, intelligent ecosystem that can empower independent dealers and allows lenders to scale responsibly.

“Carvant is the kind of lender that helps independent dealers reach more customers and close more complex deals, without the drag of legacy tools or fragmented processes,” Nicholas said. “They understand the nuances of subprime funding and have built their model around what dealers actually need to succeed. We’re excited to welcome them to the OttoMoto network.”

New strategic advisor to OttoMoto board

In other recent company news, OttoMoto also announced the appointment of Heidi McMillen as a strategic advisor on its board of directors.

A respected executive leader with over a decade of experience in automotive finance, OttoMoto highlighted McMillen brings a rare blend of lending strategy, fintech innovation, and relationship expertise to the company boardroom.

Based in Denver, McMillen currently serves as director of financial services at dotData, a provider of statistical artificial intelligence that can help lenders uncover risk signals post-funding that can be missed by traditional scorecards and underwriting models.

“We’re honored to welcome Heidi to the OttoMoto board,” OttoMoto chief operating officer Carol Docalavich said in another news release. “Her experience bridging technology, lending operations, and compliance gives her a unique lens into what lenders truly need. As we continue to scale nationally, her insight will help shape a more connected, compliant, and efficient lending experience for our partners.”

Previously, McMillen served as director of lender relations at iLending, where she expanded institutional partnerships, scaled auto loan volume, and supported securitization strategies to unlock new funding pathways.

Ottomoto added that McMillen’s earlier roles at Fifth Third Bank, Capital One, and GM Financial/AmeriCredit further reinforced her reputation as a forward-thinking operator with a deep understanding of both lender and dealer ecosystems.

“OttoMoto is solving a fundamental challenge in the lending space; how to bring dealers and lenders together through smarter technology and better alignment. McMillen said.  I’m excited to help the company expand its impact, especially as the industry looks for scalable, risk-sensitive solutions to meet borrower expectations without compromising compliance.”