Search Results for: octane
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Finance and Insurance
Scag expands dealer financing options through Huntington, Octane partnership
The partnership allows Scag dealers to manage the entire financing process through the Huntington Bank Powered by Octane platform, from…
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Finance and Insurance
Octane sells $340M loan portfolio to Bayview Asset Management
With this transaction, Octane continues to diversify its broad base of institutional capital partners. This is the its sixth whole loan…
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Finance and Insurance
Octane secures $350 million forward-flow agreement with Nuveen
Octane said proceeds from the transaction will help support continued growth across its lending platform.
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Finance and Insurance
Husqvarna partners with Octane, Huntington to streamline OPE financing
The “Huntington Bank Powered by Octane” program enables Husqvarna OPE dealers to manage the full sales and financing process within…
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Finance and Insurance
Octane, Suzuki expand partnership to offer full-spectrum financing for prime customers
Under the new agreement, Suzuki dealers can offer financing across the full credit spectrum, from subprime to prime, through a…
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Finance and Insurance
Octane surpasses $2B in originations, sets other milestones in 2025
In addition to growing its loan originations by 29% year-over-year, Octane also strengthened its dealer and OEM network and opened…
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Finance and Insurance
Octane Raises $100M in Series F funding round
The fintech company says it will leverage the funding round to accelerate market penetration and deepen its product offering for…
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Finance and Insurance
Adventure Lifestyle teams with Octane to launch new in-house finance program
The program goes live this month across the company’s 20 Adventure Powersports and Adventure Marine stores, offering buyers exclusive financing…
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Finance and Insurance
Huntington, Octane team up on one-stop OPE financing platform
The collaboration pairs Huntington’s prime financing with Octane’s near-prime lending through Roadrunner Financial, giving dealers a full-spectrum solution on a…
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Finance and Insurance
Octane earns ‘ABS Deal of the Year’ award, closes $284 million powersports loan securitization
The award highlights a milestone year for Octane’s capital markets platform, which continues to fuel lending growth across the powersports…
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Finance and Insurance
Honda, Octane team up to expand financing opportunities
Octane says that through this new partnership, Honda dealerships and non-prime customers will benefit from new financing options and digital…
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Finance and Insurance
Octane earns FICO Decision Award, expands credit access with FICO Auto Score 10
Fintech company Octane uses FICO Auto Score 10 to help grow originations by 36% and expand credit access in the…
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Finance and Insurance
Octane sells $200M powersports loan portfolio to investment firm
Octane announced the completion of an agreement to sell a portfolio of $200 million of fixed-rate installment powersports loans to…
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Finance and Insurance
Octane promotes two executives to EVP roles
Octane Lending recently promoted two executives to executive vice president, the first to hold the new title. Both appointments went…
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Finance and Insurance
Octane appoints company’s first chief legal officer
Octane Lending, Inc., recently named Sean Fernandez-Ledon its first chief legal officer, effective January 1, 2025.
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Latest News
Octane completes $326M asset-backed securitization
Octane has issued more than $4 billion of asset-backed securities (ABS) since launching the program in December 2019. This is…
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Finance and Insurance
Octane and RideNow team up to launch RideNow Finance
RideNow Powersports customers can purchase over 18,000 new and pre-owned vehicles from various manufacturers using RideNow Finance.
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Latest News
Octane enters Marine market
Marine, recreational, and powersports dealers selling pontoons and motorboats can now offer competitive rates and flexible terms to prime and…
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Latest News
Octane announces leadership changes
Steve Daum is now the vice president of Partnerships in Powersports and OPE, and Stacey Pray is the vice president…
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Latest News
Octane announces $500M forward-flow deal with AB CarVal
AB CarVal has agreed to purchase fixed-rate installment powersports loans originated by Octane’s in-house lender, Roadrunner Financial, and for Octane’s…
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