Capital markets investors treat marine loans with more caution
A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are ...
A shortage of performance data poses a hurdle for marine lenders when securitizing loans in the capital markets. Banks are ...
Powersports lenders Horsepower Financial and Octane expanded their funding capacity this week. Tampa, Fla.-based powersports lender Horsepower on Aug. 6 said it closed a $50 million senior secured ...
Powersports lender Octane continues to expand its network of capital partners as it closes in on $9 billion in cumulative loan ...
Huntington Bank’s auto originations ticked down in the first quarter as credit performance weakened in line with industry trends. Auto ...
Powersports lenders came to market in recent weeks with recreational vehicle loan-backed securitizations amid consumer affordability concerns. M&T Bank and U.S. ...
Octane has inked deals with RV retailer Camping World and powersports dealer group Adventure Lifestyle to power their captive financing. The powersports lender announced agreements with Camping World and ...
Retail marine sales continued to wane in September and October alongside declining wholesale RV values as powersports segments enter their ...
Towable values dipped in July as the RV market approaches the end of its traditional seasonal sales peak. Average wholesale ...