Concierge Financial Services, a refinance loan broker, is structuring a deal with a “custom motorcycle manufacturer” to help the OEM secure financing partners, Chief Executive and Founder Thomas Domin told Powersports Finance.
Toward the end of 2016, Concierge Financial was approached by the manufacturer, which lacked financial partners, Domin said.
“They make motorcycles that cost between $130,000 and $150,000,” he said, “but they don’t have financing opportunities.”
While Domin declined to offer the motorcycle-maker’s name, he said the OEM makes 50 motorcycles per year.
“The OEM approached me and wanted to know if there was something I could do for them as far as offering financing,” with the prediction that they will produce another 50 to 100 units per year, Domin said. “From now until the end of this year, I’m hot and heavy into helping set this up.”
Frankfort, Ill.-based Concierge Financial Services, founded in 2013, is a national finance and insurance marketing firm that focuses on auto, motorcycle, marine, RV, and airplane refinancing. The company acts as an aggregator, connecting consumers with its marketplace of lender partners to obtain lower-interest financing. Concierge also manages marketing and advertising efforts for its lender clients.
