Octane® (Octane Lending, Inc.®), a leader in financing for recreational and lifestyle purchases, has secured a forward-flow facility worth up to $700 million—its largest to date. This major milestone is led by New York Life as the Loan Arranger, with participation from MetLife Investment Management and Equitable.
This new funding round marks Octane’s second major collaboration with top life insurance providers and will fuel lending for powersports loans—covering everything from motorcycles to ATVs. The $700 million facility is structured to fund up to $350 million, $200 million, and $150 million, respectively, from the three financial institutions.
Fueling Fast Growth in 2024
The timing couldn’t be better. Octane is experiencing powerful momentum, with 36% growth in loan originations in 2024. This new facility ensures Octane can continue scaling to meet demand, providing fast and flexible financing solutions for riders and recreational buyers across the country.
A Stronger Future with Smart Partnerships
This deal not only strengthens Octane’s capital base—it reinforces its strategy of building long-term relationships with high-quality investors. By working with major names in the insurance industry, Octane is doubling down on its promise to provide simple, seamless financing experiences for its customers.
Leading the Way in Recreational Lending
With this new funding, Octane is positioned to grow even faster while continuing to offer best-in-class service to dealerships and buyers alike. The company remains focused on delivering innovation, efficiency, and trust—everything you want when financing your next adventure.
