Octane Lending Archives

A pedestrian walks past signage for a BRP manufacturing facility in Valcourt, Quebec, Canada, on Wednesday, Oct. 28, 2020. BRP Inc. says production shutdowns depleted its inventory and dragged down revenues in its second quarter, but rising demand buoyed profits as fun-seekers turned to power sports for pandemic recreation, The Toronto Star reported.

Canadian powersports manufacturer BRP posted record first-quarter revenue due to increased volume and pricing alongside a favorable product mix despite ...

various models of motorcycles displayed in a dealership

Instant prequal tool boosts sales for dealers

byJohnnie Martinez II

May 4, 2023

Powersports dealers leveraging instant prequalifications are seeing double-digit growth in their number of funded deals. Octane’s new extension of its ...

Polaris launches online consumer marketplace

byJohnnie Martinez II

March 30, 2023

Powersports manufacturer Polaris on Wednesday launched Polaris Xchange, an online marketplace where customers can purchase new and used vehicles from ...

Auto lenders increase pricing transparency to drive sales

byAmanda Harris

March 3, 2023

Vehicle shoppers today have one central question: What is my monthly payment? Whether consumers are shopping for a car or ...

Octane issues $407M ABS deal

byAmanda Harris

March 3, 2023

Powersports lender Octane has closed a $406.9 million asset-backed securitization (ABS) deal backed by fixed-rate installment powersports loans and upsized ...

Octane originations up 74% YoY

byAmanda Harris

February 16, 2023

Powersports lender Octane’s originations jumped 74% year over year at yearend 2022 on the heels of new market entrances, expanded ...

Powersports players prepare for new possibilities

byJohnnie Martinez II

December 29, 2022

New opportunities were at the forefront of the Powersports Finance industry in 2022, as companies adjusted to changing market conditions ...

Listen: Weekly Wrap discussion on retailers, EVs

byRiley Wolfbauer

November 21, 2022

Each of the major automotive retailers recorded year-over-year increases in finance and insurance (F&I) revenue in the third quarter amid ...

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Tag: Octane Lending

BRP Q1 revenues hit record $2.4B

Instant prequal tool boosts sales for dealers

Polaris launches online consumer marketplace

Auto lenders increase pricing transparency to drive sales

Octane issues $407M ABS deal

Octane originations up 74% YoY

Powersports players prepare for new possibilities

Listen: Weekly Wrap discussion on retailers, EVs

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