Octane enters Marine market
Octane Lending has entered the marine market. Effective immediately, marine, recreational, and powersports dealers selling pontoons and motorboats can offer competitive rates and flexible terms to prime and non-prime customers through Octane’s in-house lender, Roadrunner Financial.
Octane’s digital experience allows dealers to move quickly and seamlessly through the financing process, from initial customer inquiry through deal close, saving time for both dealers and consumers.
“We’re thrilled to bring our innovative, end-to-end financing experience to the marine market,” says Mark Davidson, chief growth officer of Octane. “We look forward to supporting dealers and OEMs in this growing market while offering full-spectrum financing that fuels our customers’ lifestyles.”
This expansion follows several exciting milestones for the company. Octane recently announced its Series E funding round, closed a $500 million forward-flow deal with AB CarVal, and surpassed $5 billion in aggregate originations.
Dealerships interested in Octane’s digital financing experience can learn more on the Octane website.
