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Our lenders fund a wide range of credit scores, OEMs, and vehicle types.
Octane Lending was founded in 2013 to solve many of the pain points associated with the indirect consumer powersports F&I process. Our platform solves three major pains points we found from interviewing dealers: rekeying of loan application information, multiple hard credit pulls for the consumer, and limited viable subprime lenders. Additionally, we partner with lenders to efficiently increase their powersports lending portfolios and to match dealers with great funding sources for their customers. We also partner with insurance and backend providers to help streamline that process for dealers. We are a DreamIt Ventures company.
During our three month best-test, Octane Lending moved $3.4 million in powersports loans, was covered in Powersports Business and Dealernews, and received very positive reviews from dealers who used it. Now, the Octane Lending team is busy incorporated all the feedback from dealers and lenders that it received to make an even better version of it's software, which will be released by Fall '14. If you have any questions, please email Jason@octanelending.com.