Powersports Finance News
Octane upsizes second 2022 ABS transaction
Powersports lender Octane’s latest asset-backed securities (ABS) transaction was upsized to $375 million in a sign of growing investor interest...
Dealers to discuss lender relationships at Powersports Finance Summit
Robert Matt, finance director at hybrid motorcycle retailer iMotorsports, and Guillermo Cornejo, chief executive of peer-to-peer motorcycle rental company Riders...
Kawasaki Finance moves to Solifi’s floorplan platform
Kawasaki Motors Finance Corporation (KMFC), the finance arm for powersports manufacturer Kawasaki Motors, has modernized its floorplan financing operations by...
Boat sales, demand slow in July
Boat sales declined in July in a sign of normalizing seasonal trends following nearly two years of inflated consumer demand...
RV values rise for second consecutive month
Recreational vehicle values rose for the second consecutive month due to low supply and better-conditioned units going through auction. Motorhome...
Listen: Weekly Wrap on Santander lawsuit and powersports
This week brought a range of activity in the auto finance industry, with Elliot International suing Santander Holdings USA (SHUSA)...
Speed Leasing resumes originations after 2 years
New- and used-motorcycle leasing company Speed Leasing resumed originations earlier this year following a brief, two-year hiatus spurred by the...
Powersports dealers increase fees amid low supply
Powersports dealers are increasing their fees to make up for lost margins amid limited supply even as consumers pay full...
