Although subprime has always been MotoLease LLC‘s sweet spot, the leasing provider plans to expand its concentration into the prime and near-prime markets in the remainder of 2017, Managing Partner Emre Ucer told Powersports Finance.
Subprime borrowers account for 70% of the company’s leasing portfolio, as MotoLease’s mentality is to help “even the most credit-challenged riders,” Ucer said. “As a result of nearly 95% approval rate, MotoLease dealers gain a huge competitive advantage in their market.”
