Octane Lending offers a point of sales financing and insurance platform for niche consumer markets.
FOCUS
PRODUCTS & SERVICES:
Online Lending Platform.
It aims in providing fast and easy powersports lending for the dealers.
MAIN CLIENTS:
Road runners, home loan investment bank, dealer direct, one main
COMMENT
The company offers access to several subprime as well as prime lenders. Since the platform aggregates pre-approvals, banks can use a “soft pull” credit check. That lets dealers send out applications simultaneously and choose from among a list of offers.
PEOPLE
FOUNDERS:
Michael Fanfant, Mark Garro, Andre Gregori, Jason Guss, Mark Davidson