{"id":5412,"date":"2022-02-17T09:00:59","date_gmt":"2022-02-17T09:00:59","guid":{"rendered":"https:\/\/octane.co\/o\/?p=5412"},"modified":"2024-03-25T15:38:20","modified_gmt":"2024-03-25T15:38:20","slug":"second-new-market-for-octane-in-2022","status":"publish","type":"post","link":"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/","title":{"rendered":"Octane Enters Second New Market in 2022 with Launch of Tractor Financing"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5412\" class=\"elementor elementor-5412\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-54ee2e76 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"54ee2e76\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e86ab85\" data-id=\"4e86ab85\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-097ba7a elementor-widget elementor-widget-text-editor\" data-id=\"097ba7a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><i><span style=\"font-weight: 400;\">Delivers a Superior Digital Buying Experience for Tractor Consumers and Dealers<\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-26e401b2 elementor-widget elementor-widget-text-editor\" data-id=\"26e401b2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<!-- wp:paragraph -->\n<p>NEW YORK, February 17, 2022 \u2014 <a href=\"http:\/\/www.octane.co\">Octane<\/a>\u2122 (Octane Lending Inc.<sup>\u00ae<\/sup>), the fintech revolutionizing the buying experience for major recreational and equipment purchases, today announced its entrance into the tractor market. Going forward, customers and dealers of new consumer tractors can take advantage of Octane\u2019s fast and easy digital buying experience.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>This expansion marks Octane\u2019s second foray into new markets in 2022, coming just a month after the company <a href=\"https:\/\/octane.co\/o\/trailer-market-entry-for-octane\/\">entered the trailer market<\/a>. Given the company\u2019s success in Outdoor Power Equipment (OPE), the multibillion dollar tractor market offers significant potential for Octane as the company can leverage its extensive network of OPE dealers and partnerships with 13 OPE brands. With its tractor product offering, Octane can now finance entire mower dealership portfolios and bring its faster, digital closing process to any dealer who offers compact or subcompact tractors.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>\u201cStarting today, tractor customers and dealers have a simpler way to finance a vehicle through our fast and easy digital experience,\u201d said Jason Guss, CEO of Octane. \u201cWe\u2019re excited to continue our rapid growth in Outdoor Power Equipment and beyond as we fuel our customers\u2019 lifestyles and empower them to spend time doing the things they love.\u201d<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>By enabling customers to upload documents and complete their applications online, Octane\u2019s digital financing platform provides a superior user experience that saves customers time at the dealership. Dealers also benefit from Octane\u2019s digital tools and faster closings. Additionally, OPE dealers can also take advantage of <a href=\"https:\/\/octane.co\/o\/PSBprequal\/\">Octane Prequal<\/a>, an ecommerce tool that uses a soft pull to instantly prequalify customers, helping customers understand their buying power without impacting their credit score and driving incremental sales in store.<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>As a prime lender that covers a wider range of customers than other national lenders, Octane makes tractor and other Outdoor Power Equipment purchases accessible for more deserving customers. Through its in-house lender <a href=\"https:\/\/www.roadrunnerfinancial.com\/\">Roadrunner Financial, Inc.<\/a><sup>\u00ae<\/sup>, Octane offers full-spectrum credit coverage for prime, first-time, and other credit-worthy customers through a fast, seamless digital-to-retail experience.&nbsp;<\/p>\n<!-- \/wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Octane can also benefit Original Equipment Manufacturer (OEM) partners by enabling consumers to prequalify for financing on OEM websites, which directs web visitors into the transaction flow and drives incremental, qualified buyers to dealerships.<\/p>\n<!-- \/wp:paragraph -->\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Delivers a Superior Digital Buying Experience for Tractor Consumers and Dealers NEW YORK, February 17, 2022 \u2014 Octane\u2122 (Octane Lending Inc.\u00ae), the fintech revolutionizing the buying experience for major recreational<\/p>\n<div><a href=\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":14,"featured_media":5415,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[34,1],"tags":[60],"class_list":["post-5412","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","category-uncategorized","tag-60"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.3 (Yoast SEO v23.2) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Octane Enters Second New Market in 2022 with Launch of Tractor Financing | Octane<\/title>\n<meta name=\"description\" content=\"Growing fintech Octane Lending, Inc. launched tractor financing. Customers can access Octane&#039;s fast lending experience at a dealer near them!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Octane Enters Second New Market in 2022 with Launch of Tractor Financing\" \/>\n<meta property=\"og:description\" content=\"Growing fintech Octane Lending, Inc. launched tractor financing. Customers can access Octane&#039;s fast lending experience at a dealer near them!\" \/>\n<meta property=\"og:url\" content=\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"Octane\" \/>\n<meta property=\"article:published_time\" content=\"2022-02-17T09:00:59+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-25T15:38:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/02\/TractorPressImage-1-e1645106260378.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1700\" \/>\n\t<meta property=\"og:image:height\" content=\"913\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Frank Barletta\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Frank Barletta\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\"},\"author\":{\"name\":\"Frank Barletta\",\"@id\":\"https:\/\/octane.co\/o\/#\/schema\/person\/86b5e1f9fd6cc431480365b96d830cbb\"},\"headline\":\"Octane Enters Second New Market in 2022 with Launch of Tractor Financing\",\"datePublished\":\"2022-02-17T09:00:59+00:00\",\"dateModified\":\"2024-03-25T15:38:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\"},\"wordCount\":382,\"publisher\":{\"@id\":\"https:\/\/octane.co\/o\/#organization\"},\"image\":{\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/02\/TractorPressImage-1-e1645106260378.jpg\",\"keywords\":[\"2022\"],\"articleSection\":[\"Press\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\",\"url\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\",\"name\":\"Octane Enters Second New Market in 2022 with Launch of Tractor Financing | Octane\",\"isPartOf\":{\"@id\":\"https:\/\/octane.co\/o\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/02\/TractorPressImage-1-e1645106260378.jpg\",\"datePublished\":\"2022-02-17T09:00:59+00:00\",\"dateModified\":\"2024-03-25T15:38:20+00:00\",\"description\":\"Growing fintech Octane Lending, Inc. launched tractor financing. 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