Powersports Finance News
BRP sales decline 20% despite new product launch
Canadian powersports manufacturer BRP’s sales fell in the third quarter as ongoing supply chain issues continue to suppress product availability...
Toyota Financial Services enters US powersports market
Toyota Financial Services (TFS) will serve as Great American Outdoors Group’s private-label finance provider through its latest partnership expansion starting...
Listen: Weekly Wrap discussion on powersports lenders’ expansion
Last week, RumbleOn and Octane Lending sought to increase the reach of their powersports financing products as another auto lender...
Octane Lending expands BRP partnership with pontoon financing
Octane Lending is expanding its partnership with Canadian powersports manufacturer BRP by adding the 2022 Sea-Doo Switch pontoon to its...
RumbleOn looks to standardize tech platform, pushes captive offerings
RumbleOn is rolling out RumbleOn Finance across its acquisitions as the company works to standardize its technology platform and increase...
Octane Lending issues second ABS deal of year, largest to date
Octane Lending this week entered into the asset-backed securities market for the second time in 2021 with a $340 million...
RumbleOn to acquire 13-store retailer
Powersports retailer RumbleOn has entered into a definitive agreement to acquire Freedom Powersports by the end of the year or...
Octane Lending turns to pre-qualifications to tap into growing powersports market
LAS VEGAS — Powersports lenders can capitalize on increased consumer demand through pre-qualifications. Octane Lending, for one, has prioritized marketing...
