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Overview
Octane provides instant financing for lifestyle purchases such as motorcycles, ATVs, and mowers. It targets a broad range of customers—from prime borrowers to credit builders and first‑time buyers—by offering quick, personalized financing options with a soft credit pull that won’t affect credit scores. Financing decisions are presented in real time, whether customers shop online or in person, enabling a seamless checkout experience. The company earns revenue from interest and fees on its financing programs. Compared with competitors, Octane emphasizes speed, convenience, and accessibility, continuously presenting tailored offers and allowing users to check rates without impacting their credit. Its goal is to simplify the financing process and make credit more inclusive for a wider audience.
About Octane
Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
N/A
Total Funding
$4.6B
Headquarters
New York City, New York
Founded
2014
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Simplify's Take
What believers are saying
- September 24, 2026 Forest River Finance launch expands Octane deeper into Berkshire Hathaway RV channels.
- August 18, 2026 BRP Financial Services extends Octane into branded captive-style financing.
- August 6, 2026 OCTL 2026-RVM1 and July 15, 2026 AB CarVal prove repeatable capital access.
What critics are saying
- Forest River and BRP concentration raises partner-power risk if OEMs build captive finance.
- AB CarVal and Bayview demand funding markets; tightening ABS spreads choke 2027 originations.
- Consumer credit losses in powersports and RVs can crush securitization execution and force retrenchment.
What makes Octane unique
- Octane bundles financing, servicing, and dealer checkout across 4,000 dealers and 70 OEMs.
- Roadrunner Financial underwrites, while Roadrunner Account Services services loans, keeping economics in-house.
- Editorial brands like Cycle World and UTV Driver feed enthusiasts into financing funnels.
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Funding
Total Funding
$4.6B
Above
Industry Average
Funded Over
24 Rounds
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
Parental Leave
401(k) Retirement Plan
401(k) Company Match
Tuition Reimbursement
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 1%1 year growth
↑ 0%2 year growth
↑ 0%Octane has partnered with Forest River to launch Forest River Finance powered by Octane, a manufacturer-backed retail finance programme for the recreational vehicle industry. The programme, launching on 1 October 2026, uses Octane's Captive-as-a-Service solution and will be underwritten by Octane's in-house lender, Roadrunner Financial. The partnership will serve Forest River's broad RV brand portfolio with promotional financing and flexible terms. Forest River, a Berkshire Hathaway company, selected Octane for its technology, experience and scale. This marks Octane's second Captive-as-a-Service relationship in the RV market. The company has surpassed $9 billion in all-time originations, with originations growing 37% year-over-year in the first half of 2026.
Octane has closed a $337 million asset-backed securitization collateralised by recreational vehicle and marine loans. The transaction, OCTL 2026-RVM1, is the fintech's largest RV and marine securitization to date and brings total ABS issuance above $5 billion. The securitisation consists of five classes of fixed-rate notes rated from AAA to BB+ by Standard & Poor's. Mizuho acted as lead manager and structuring agent, with ATLAS SP Partners, J.P. Morgan Securities, Truist Securities, and Wells Fargo Securities serving as joint bookrunners. Octane reported 146% and 125% year-over-year growth in RV and marine originations respectively in the first half of 2026. The company has surpassed $9 billion in all-time originations and secured $4.9 billion in total loan sales and commitments.
/PRNewswire/ -- Octane® (Octane Lending, Inc.), the fintech unlocking the power of financial products for retailers and consumers, announced that it has closed...
Octane, a fintech company, has executed a $750 million forward-flow agreement with funds managed by AB CarVal, with the option to increase to $1.125 billion. Under the one-year agreement, AB CarVal will purchase up to $750 million of installment loans for powersports and outdoor power equipment originated by Octane's in-house lender, Roadrunner Financial. This marks Octane's largest forward-flow agreement to date. The companies previously announced a $500 million facility in 2024, which was extended and upsized by $250 million, plus a $200 million whole loan sale. To date, Octane has completed six forward-flow agreements and seven spot whole loan sales, representing more than $4.9 billion of consumer loans sold or committed.
Octane has secured a $350 million forward-flow agreement with institutional asset manager Nuveen to expand its consumer lending capacity. Under the one-year deal, Nuveen will purchase up to $350 million of fixed-rate installment loans originated through Octane's in-house lender, Roadrunner Financial. The transaction marks Octane's fifth forward-flow agreement, bringing total forward-flow commitments to over $2.2 billion. It deepens an existing relationship with Nuveen following a $150 million whole-loan sale completed in 2025. Founded in 2014, Octane provides digital lending across powersports and outdoor equipment markets, working with over 70 OEM brands and roughly 4,000 dealer partners. The company has originated more than $8 billion in loans and issued over $4.7 billion in asset-backed securities. Guggenheim Securities served as sole structuring advisor.
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About Octane
Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
N/A
Total Funding
$4.6B
Headquarters
New York City, New York
Founded
2014
Octane is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today