Finance and Insurance
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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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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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Kioti announces deal with Huntington Finance for dealer floor planning
The manufacturer says the partnership will streamline the floor planning and dealer onboarding processes, enabling Kioti to deliver more value…
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Financial advisors share wealth management strategies
Regularly reviewing and updating insurance policies is one of the simplest yet most effective strategies for protecting against potential financial…
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Report: Merchant survey reveals trends, impacts of ‘friendly fraud’
Nearly half of respondents estimated that friendly fraud was responsible for 50% or more of their chargebacks.
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HDFS selects CGI to streamline loan origination system
CGI will offer a seamless, AI-enabled financing journey for Harley-Davidson customers and enhanced flexibility for dealers.
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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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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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Harley-Davidson, HorsePower, MIC to speak at PowerSports Finance Summit 2024
Powersports lenders will discuss finance growth opportunities during the PowerSports Finance Summit 2024 at Wynn Las Vegas on October 9.
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Maximizing F&I profits through reinsurance
Reinsurance is a strategy in which dealerships participate in the underwriting profit of the F&I products they sell such as…
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EasyCare offers full suite of F&I solutions to dealers
The merging of solutions offered by EasyCare, NAC, and Relentless Dealer Services, along with the renowned Rider’s Advantage brand, positions…
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Autrella’s ‘Performance Plus’ ESP offers dealers new opportunities for backend profit
Autrella recently announced that its backend products can now be sold through motorcycle and powersport dealers via the F&I office…
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Morgan Stanley shares wealth management tips
This article is one of four that will offer dealers strategies to manage wealth, covering wealth enhancement, wealth protection, wealth…
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How K&K Insurance’s departure impacts powersports dealers
For the fourth time in the last four years, a major underwriter has left the Garage Insurance market.
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Rider’s Advantage acquired by automotive company
Rider's Advantage has been acquired by APCO Holdings, a provider and administrator of automotive finance and insurance products and home…
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Webinar: Maximizing profits in your F&I department through reinsurance Jun. 25
Whether you want to establish a reinsurance entity or enhance an existing one, this webinar hosted by Morgan Stanley will…
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How to answer questions about financing and credit as a dealer
The topic of improving credit scores may be new territory for sales and service personnel, so Synchrony offers tips dealers…
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Financial advisors share benefits of year-round tax and financial planning
By revisiting key planning tips and strategies, dealers can fortify their financial position, minimize surprises and set a solid foundation…
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Priority One launches financing texts with Kenect
The integration empowers dealers to send financing messages through text and connect the customer with an F&I manager at Priority…
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Trader Interactive partners with Finio for ‘Buy Now’ digital retail offering
Finio innovates digital sales and financing processes for dealerships, manufacturers, lenders, and service providers across multiple industry verticals.
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