Press

Ariens and Gravely Partner with Octane and Huntington Bank to Bring a Seamless, Full-Spectrum Financing Experience to Dealers and Customers

NEW YORK, March 12, 2026 — Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, and The Huntington National Bank (Huntington) announced a new partnership with Ariens and Gravely — makers of outdoor power equipment (OPE) — to deliver an innovative, full-spectrum financing and technology experience to dealerships and customers. 

The Huntington Bank Powered by Octane program allows Ariens® and Gravely® dealerships to use a single platform to manage the entire sales and financing process. This streamlines the buying process for both dealers and customers from prequalification through closing. Qualified applicants will receive prime options through Huntington, while near-prime financing offers will be provided by Octane’s in-house lender, Roadrunner Financial®, Inc. 

“We’re excited to team up with Huntington to bring a faster, easier financing and technology experience to Ariens and Gravely outdoor power equipment dealerships across the country,” said Jon Vestal, EVP and General Manager of Recreational Lending at Octane. “This program aligns with Octane’s strategy of finding innovative, technology-forward finance solutions that support our partners in a broad range of markets.” 

“This partnership delivers the speed and simplicity dealers need at the point of sale,” said Tim Skinner, managing director of consumer lending at Huntington. “Combining Huntington and Octane’s capabilities allows companies like AriensCo, the manufacturer of Ariens and Gravely equipment, to quote, reach a decision and close quickly, all within a single application, providing a competitive advantage for dealers and a more confident buying journey for customers.”

The Huntington Bank Powered by Octane Dealer Portal uses the same technology as Octane’s innovative dealer portal. Dealers and customers can move more quickly through the finance process with short and simple loan applications, near instant credit decisions, and a streamlined way to manage loan terms and documentation. Dealers can customize terms, manage workflow with user-friendly navigation, and move customers seamlessly through the finance journey. 

“We are excited to pioneer the Huntington Bank powered by Octane program for our customers and dealers,” said Emily Hoyer, Director of Credit at AriensCo. “With the fresh approach they are bringing to retail financing, we will be able to provide our dealers with significant advantages in both approval rates and efficient processes, which will change the landscape of how dealers have traditionally viewed financing.”

Press

Octane Surpasses $2 Billion in Originations in Record Year

  • In 2025, Octane grew loan originations to a record $2.1 billion, a 29% increase year-over-year, surpassed $7.6 billion in all-time originations, and doubled RV originations for the second consecutive year
  • Launched ten partnerships with powersports OEMs, announced two partnerships with major RV and powersports dealership chains, and signed a partnership with a top national bank to drive growth in the Outdoor Power Equipment market
  • Closed $100 million Series F funding round, fueling market and product expansion through novel Captive-as-a-Service offering for OEMs and dealership chains
  • Continued to diversify and grow its capital markets program through the sale of nearly $2 billion of loans and the issuance of over $500 million of notes through two asset-backed securitizations
  • Earned multiple industry awards, made key personnel appointments, and opened a new Dallas office

NEW YORK, March 4, 2026 — Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced its 2025 milestones as it continues to innovate new products and transform the buying experience. The company achieved record originations, launched its Captive-as-a-Service offering, continued to diversify and grow its capital markets program, and signed key partnerships with industry leaders.

Substantial Growth in Powersports and Recreational Vehicle (RV) Business and New Strategic Partnerships

Octane grew originations through its in-house lender, Roadrunner Financial, Inc., by 29% year-over-year, achieving a record-breaking $2.1 billion in annual originations and surpassing $7.6 billion in aggregate originations. The company strengthened its extensive network of powersports dealers and original equipment manufacturer (OEM) partners by signing ten new OEM partners, expanding an existing partnership with a major OEM, and launching a new partnership with a leading powersports dealer group.

Octane also significantly grew its RV business. For the second year in a row, the company more than doubled RV originations year-over-year. Notably, Octane announced a partnership with the leading RV dealership chain to support its more than 200 locations in the U.S., strengthening the company’s presence in the recreational market.

The company also positioned itself for growth in 2026 by signing a partnership with a top national bank to rapidly deepen its penetration in the Outdoor Power Equipment (OPE) market.

New Equity Capital Fuels Product and Market Expansion

Octane raised $100 million from new and returning investors in its Series F funding round at a $1.3 billion valuation. This capital enables Octane to deepen penetration in existing markets, fuel its expansion into new markets, and support the launch of new product offerings. The company also used these funds to provide liquidity to current and former employees.

Octane expanded its product offering with the launch of its novel Captive-as-a-Service solution for OEMs and dealership chains. Through this product, partners can enjoy the benefits of having their own financing company without the lengthy, costly process of setting up a captive from scratch. Captive-as-a-Service enables partners to increase profitability on each sale through life-cycle marketing and participation in the economics of the loan, all while delivering a fast, easy financing experience to their customers. Octane provides a seamless, digital platform, lead generation tools, underwriting, loan processing, loan servicing, marketing and design, and capital markets execution, all under a brand name of the partner’s choice.

Strong Capital Markets Performance with $1.9 Billion of Loans Sold

Octane continued to scale and diversify its capital markets program, expanding its investor base and execution channels. In 2025, Octane sold $1.9 billion of loans—representing 91% of 2025 originations—through forward-flow transactions and whole-loan sales. Since December 2023, Octane has secured commitments for the purchase of over $3.3 billion in loans.

At the same time, Octane continued to show leadership in the asset-backed securitization (ABS) market through OCTL 2025-1 and OCTL 2025-RVM1, its second securitization collateralized wholly by RV and marine collateral. Its first, OCTL 2024-RVM1, was named as the ABS Deal of the Year at the GlobalCapital US Securitization Awards 2025. Since beginning its ABS program in 2019, Octane has issued over $4.7 billion of asset-backed securities through 16 transactions.

Octane delivered strong financial results in 2025, achieving nearly $400M in total revenue. The company grew adjusted EBITDA by 23% year-over-year to $80 million and marked its third consecutive year of GAAP net income profitability.*

Key Leadership Appointments, Continued Recognition, and New Dallas Office

In 2025, Octane made key leadership appointments, naming Sean Fernandez-Ledon as its first Chief Legal Officer and Jon Vestal and Kartik Kothari as its first Executive Vice Presidents. The company continued to be recognized for excellence, receiving 15 awards for its innovation, culture, and leadership, including the FICO Decision Award in Customer Onboarding and Management, Deloitte’s Technology Fast 500 for the third year in a row, and BuiltIn’s list of Best Places to Work in Dallas for the third year in a row. In October, the company opened a new Dallas office, where half of Octane’s more than 600 employees are based.

“I’m extremely proud of our accomplishments in 2025, and I look forward to using this momentum as a springboard for continued growth and success in 2026 and beyond,” said Jason Guss, Octane’s CEO and Co-Founder. “Our achievements wouldn’t have been possible without the hard work and innovation of our team, and the continued support of our investors and partners. We look forward to continuing to unlock the power of financial products for retailers and consumers for years to come.”

Octane collaborates with 50 OEMs, has over 4,000 active merchant partners, and serves seven secured lending markets.

This press release does not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

*Financial performance based on 2025 unaudited company financial statements.

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Press

Octane Partners With Camping World to Launch Good Sam Powered by Octane

NEW YORK, December 16, 2025 — Octane® (Octane Lending Inc.®), the fintech revolutionizing the buying experience, is teaming up with Camping World Holdings, Inc. (NYSE: CWH) (“Camping World”), America’s Recreation Dealer, to launch an innovative financing solution under the Good Sam Powered by Octane brand. 

This Captive-as-a-Service agreement enables Camping World dealers to offer competitive rates and flexible terms to a full spectrum of customers under the Good Sam Powered by Octane brand. Together, Octane and Good Sam will expand origination volumes through Camping World’s nearly 200 locations and digital buying experiences. Octane’s in-house lender, Roadrunner Financial, Inc.®, will underwrite the loans, and Octane’s in-house loan servicer, Roadrunner Account Services, LLC, will service the loans.

Additionally, Camping World dealerships will benefit from Octane’s industry-leading loan origination platform and innovative technology to make the customer acquisition, sales, and closing process faster and easier. At the same time, customers will enjoy a seamless, digital RV financing experience.  

“We’re thrilled to collaborate with Camping World and Good Sam, leaders in outdoor recreation, to transform the buying journey for RV enthusiasts with a fast, seamless financing experience,” said Jon Vestal, Executive Vice President and General Manager, Recreational Lending at Octane. “We’re also excited that our innovative Captive-as-a-Service offering, where we leverage our technology, risk expertise, and capital markets track record, is helping our partners achieve their goals.” 

“Camping World and Good Sam have been exceptional partners for us as we’ve grown our presence in the RV market,” said Mike Bagull, Vice President, Sales. “We’re committed to supporting the industry with full-spectrum financing and digital tools that make the financing process better for OEMs, dealerships, and consumers.”

Through Octane’s Captive-as-a-Service solution, Original Equipment Manufacturers (OEMs) and dealership chains can enjoy the benefits of their own financing company without the lengthy, costly process of setting up a captive on their own from scratch. This solution enables partners to increase profitability, offer branded financing, and benefit from full customer life cycle marketing, while helping dealers to capitalize on financing opportunities and deliver a seamless, full-spectrum financing experience to their customers. 

Each solution can be tailored to the specific needs and desired outcomes of the partner and can leverage Octane’s extensive risk management and capital markets expertise and strong track record of performance. To date, Octane has issued more than $4.7 billion of asset-backed securities, including OCTL 2025-1 and OCTL 2025-RVM1, and has cumulatively sold or secured commitments to sell $3.3 billion in loans through numerous whole loan sales and forward-flow agreements.  

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