Powersports Finance News
Ironhorse Funding expands lending
Ironhorse Funding is expanding its indirect lending and refinance offerings and extending into powersports and personal watercraft financing. Beverly, Mass.-based...
Powersports players prepare for new possibilities
New opportunities were at the forefront of the Powersports Finance industry in 2022, as companies adjusted to changing market conditions...
Powersports values continue decline in December
Powersports values saw another drastic decrease in December after months of decline amid rising interest rates, although values are still...
BRP lands $500M term facility, refinances outstanding debt
Canadian powersports manufacturer BRP scored a $500 million term facility, increasing its borrowing capacity and refinancing its outstanding debt amid...
BRP North American retail sales jump 43%
Powersports manufacturer BRP outpaced company expectations in the third quarter of its 2023 fiscal year as North American retail sales,...
Used RV values fall YoY for 3rd straight month
Recreational vehicle (RV) values plummeted in October as manufacturers began to catch up on new-unit supply. Motorhomes had an average...
Powersports values continue downward trajectory
Powersports values continued to fall in November amid rising interest rates and improved supply but remained elevated following pandemic-induced peaks...
Octane launches EV financing
Powersports lender Octane is expanding into electric vehicle (EV) financing through a fresh partnership with electric adventure motorcycle manufacturer UBCO. ...
