Powersports Finance News
Tekion valued at $3.5 billion as Durable, Alkeon, Hyundai invest
Tekion, a cloud-based automotive software provider, has more than tripled its valuation to $3.5 billion after raising $250 million from...
Sheffield Financial launches Suzuki Marine financing program
Sheffield Financial, a division of Truist Bank, is expanding its partnership with Suzuki to include marine dealers. Sheffield, which has...
Marine registrations fall 24% YoY in August as supply remains squeezed
Despite continued strong demand, retail boat registrations declined in August as a lack of inventory forced consumers to hold off...
August RV values decline for first time in months
The recreational vehicle market may be cooling down for the first time in seven months, as evidenced by an August...
MotoLease and Yamaha Financial Services executives join PFS speaker faculty
Ashley Cooper, senior group manager of retail finance sales and marketing at Yamaha Financial Services, and Jason Davis, dealer relations...
RumbleOn to acquire Florida powersports dealer in Q4
E-commerce platform RumbleOn reached an asset purchase agreement Monday for an undisclosed sum to acquire a Jacksonville, Fla.-based powersports dealership...
Powersports lender Ironhorse Funding looks to expand direct financing options
Powersports lender Ironhorse Funding is looking to offer direct-to-consumer retail financing by the first quarter of 2022. The Beverly, Mass.-based...
ThunderRoad Financial CEO on dealer relations, inventory and work from home
Donal Hummer Jr. Following a year of renewed demand for powersports products, ThunderRoad Financial plans to expand into much of...
