Octane is adding standalone trailers to its lending platform to expand its reach in an underserved market. The lender previously only financed trailers in conjunction with powersports purchases, such as a personal watercraft, Mark Davidson, co-founder and chief revenue officer of Octane, told Auto Finance News. As of today, “that’s going to change,” he said. […]
Octane adds trailer financing to its powersports portfolio
The lender will finance trailers as stand-alone products

A SeaDoo watercraft sits outside a dealer in Lombard, Illinois on Wednesday, August 27, 2003. SeaDoo parent company Bombardier Inc., the world's third- biggest maker of commercial jets, agreed to sell its snowmobile and boat unit for C$1.23 billion ($880 million) to a group that includes the founder's family and Bain Capital LLC, taking another step to preserve the company's credit rating. Photographer: Tannen Maury/Bloomberg News