Finance and Insurance
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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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Producer Price Index rises less than expected in December
The Bureau of Labor Statistics showed that its producer price index (PPI) rose 3.3% from the year prior, up from…
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Enhancing cash flow and preparing for tax changes
Effective management of cash flow, along with proactive tax planning, can help dealerships preserve their hard-earned dollars and position themselves…
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The case for total transparency
Total transparency is essential. It empowers your broker to secure the best possible coverage and pricing while avoiding inefficiencies that…
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Transax launches CRM and expanded platform for dealers
The new release will give dealers access to a full CRM and enhanced F&I tools to execute these with greater…
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Rider’s Advantage grabs gold as sponsor of PSB’s Accelerate
Learn all about the Rider’s Advantage products at the 2025 Accelerate Conference, where the F&I company returns as a gold-level…
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Kawasaki to launch captive finance solution
Scheduled to launch in 2025, the initiative will begin with select dealers in a limited number of states, with a…
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Keeway America teams up with Northpoint Commercial Finance
Dealers can now utilize Northpoint Commercial Finance to plan for 2025 by expanding their Keeway and Benelli offering with the…
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MIC reports Q3 sales dip, but some segments show strength
MIC says sales of new motorcycles and scooters decreased 6.2 percent through the third quarter of 2024, compared with the…
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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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