Tag: On-Road

Powersports lender Octane has closed a $400 million asset-backed securitization deal backed by fixed-rate installment powersports loans issued through its ...

RumbleOn Finance originations declined sequentially for the third consecutive quarter as the company posted a $2 million first-quarter loss on ...

Powersports dealers leveraging instant prequalifications are seeing double-digit growth in their number of funded deals.  Octane’s new extension of its ...

Harley-Davidson Financial Services increased its provision for credit losses in the first quarter as realized retail credit losses grew.  Provision ...

Huntington’s auto book shrank during the first quarter despite an uptick in originations as the bank prioritizes higher returns.  Huntington ...

Truist’s auto book grew on a year-over-year basis in the first quarter but dipped sequentially in line with an expected ...

Powersports dealers are facing growing supply, rising costs and a dip in pricing margins ahead of a potential recession, causing ...

Financing volume is ticking up at powersports dealerships following pandemic lows, despite rising interest rates.   “At one point, hit almost ...