Powersports Finance News
Octane Lending issues second ABS deal of year, largest to date
Octane Lending this week entered into the asset-backed securities market for the second time in 2021 with a $340 million...
RumbleOn to acquire 13-store retailer
Powersports retailer RumbleOn has entered into a definitive agreement to acquire Freedom Powersports by the end of the year or...
Octane Lending turns to pre-qualifications to tap into growing powersports market
LAS VEGAS — Powersports lenders can capitalize on increased consumer demand through pre-qualifications. Octane Lending, for one, has prioritized marketing...
HDFS origination volume jumps 13% in Q3
Harley-Davidson Financial Services posted an increase in retail originations as its allowance coverage declined for the fifth straight quarter. Retail...
Shifts to digital retail, delivery prompt powersports compliance concerns
LAS VEGAS — Powersports dealers offering digital transaction capabilities must consider new compliance concerns surrounding vehicle delivery. Interstate deliveries are...
Powersport inventory woes spur expanded approval windows
LAS VEGAS — Powersports lenders may need to offer longer approval windows as a lack of inventory pushes consumers to...
RumbleOn opens Florida-based fulfillment center
Powersports retailer RumbleOn is expanding its footprint with a new product fulfillment center in Orlando, Fla. The fulfillment center, which...
Ironhorse Funding COO Jon Krumdick talks powersports finance market growth
Jon Krumdick In its first three years, powersports lender Ironhorse Funding has grown its assets under management to more than...
