{"id":5746,"date":"2023-01-31T09:00:43","date_gmt":"2023-01-31T09:00:43","guid":{"rendered":"https:\/\/octane.co\/o\/?p=5746"},"modified":"2024-03-25T15:30:00","modified_gmt":"2024-03-25T15:30:00","slug":"2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience","status":"publish","type":"post","link":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/","title":{"rendered":"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5746\" class=\"elementor elementor-5746\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4ef8b5d elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4ef8b5d\" 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-b3bf272\" data-id=\"b3bf272\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-5b3db99 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5b3db99\" 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-50 elementor-inner-column elementor-element elementor-element-8e1a401\" data-id=\"8e1a401\" 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-820156e elementor-widget elementor-widget-image\" data-id=\"820156e\" data-element_type=\"widget\" data-widget_type=\"image.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-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1024x1024.png\" class=\"attachment-large size-large wp-image-5747\" alt=\"\" srcset=\"http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1024x1024.png 1024w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-300x300.png 300w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-150x150.png 150w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-768x768.png 768w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1536x1536.png 1536w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-2048x2048.png 2048w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1160x1160.png 1160w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-50x50.png 50w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-650x650.png 650w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png 1000w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-75x75.png 75w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535-750x750.png 750w, http:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1140x1140.png 1140w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\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<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-79b4595\" data-id=\"79b4595\" 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-3c5e8ac elementor-widget elementor-widget-text-editor\" data-id=\"3c5e8ac\" 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><strong>Entered 5 New Markets, Launched 9 New Partnerships, &amp; Exceeded $1.2B in Annual Originations<\/strong><\/p>\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 class=\"elementor-element elementor-element-497c522 elementor-widget elementor-widget-text-editor\" data-id=\"497c522\" 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<p><strong>Milestones:<\/strong><\/p><ul><li aria-level=\"1\">In 2022, Octane surpassed $1.2B in annual originations, saw a 74% increase in originations year-over-year, and grew originations per dealer partner by 37%<\/li><li aria-level=\"1\">The company continued to expand beyond powersports and entered five new markets: RVs, electric vehicles, tractors, trailers, and go-karts<\/li><li aria-level=\"1\">Octane launched nine partnerships with OEMs, including industry leaders like Polaris Inc.<\/li><li aria-level=\"1\">The company grew dealer digital integrations by 10X, with more than 450 dealers leveraging the award-winning Octane Prequal on their websites at year end<\/li><li aria-level=\"1\">Octane closed two AAA-rated* securitizations, each of which was upsized to $375M<\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5628dd2 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"5628dd2\" data-element_type=\"widget\" data-widget_type=\"divider.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-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon .elementor-divider-separator:before,.elementor-widget-divider--view-line_text .elementor-divider-separator:after,.elementor-widget-divider--view-line_text .elementor-divider-separator:before{display:block;content:\"\";border-block-end:0;flex-grow:1;border-block-start:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--element-align-left .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-left .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-left .elementor-divider__element{margin-left:0}.elementor-widget-divider--element-align-right .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-right .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-right .elementor-divider__element{margin-right:0}.elementor-widget-divider--element-align-start .elementor-divider .elementor-divider-separator>.elementor-divider__svg:first-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-start .elementor-divider-separator:before{content:none}.elementor-widget-divider--element-align-start .elementor-divider__element{margin-inline-start:0}.elementor-widget-divider--element-align-end .elementor-divider .elementor-divider-separator>.elementor-divider__svg:last-of-type{flex-grow:0;flex-shrink:100}.elementor-widget-divider--element-align-end .elementor-divider-separator:after{content:none}.elementor-widget-divider--element-align-end .elementor-divider__element{margin-inline-end:0}.elementor-widget-divider:not(.elementor-widget-divider--view-line_text):not(.elementor-widget-divider--view-line_icon) .elementor-divider-separator{border-block-start:var(--divider-border-width) var(--divider-border-style) var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9aaa96c elementor-widget elementor-widget-text-editor\" data-id=\"9aaa96c\" 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<div><p><span style=\"font-weight: 400;\">NEW YORK, January 31, 2023 \u2014 <\/span><a href=\"http:\/\/www.octane.co\"><span style=\"font-weight: 400;\">Octane<\/span><\/a><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\"> (Octane Lending Inc.<\/span><span style=\"font-weight: 400;\">\u00ae<\/span><span style=\"font-weight: 400;\">), the fintech revolutionizing the buying experience for major recreational purchases, today announced key 2022 milestones on its journey to connect people with their passions and make buying better.\u00a0<\/span><\/p><\/div><p><span style=\"font-weight: 400;\">In 2022, Octane saw significant business growth, increasing originations by 74% year over year through its in-house lender <\/span><a href=\"https:\/\/www.roadrunnerfinancial.com\/\"><span style=\"font-weight: 400;\">Roadrunner Financial, Inc<\/span><\/a><span style=\"font-weight: 400;\">. The company <\/span><a href=\"https:\/\/octane.co\/o\/1b-in-originations-in-2022\/\"><span style=\"font-weight: 400;\">surpassed $1B in year-to-date originations<\/span><\/a><span style=\"font-weight: 400;\"> in October 2022, one year after surpassing $1B in aggregate loans, and six years after issuing its first loan. Octane\u2019s momentous growth is particularly notable given 2022\u2019s pervasive inventory constraints which slowed category growth.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">At the same time, Octane strengthened relationships with its over 4,000 dealer partners, growing originations per dealer partner by 37% year-over-year and increasing the number of dealers who funded over ten loans with Octane on a monthly basis by 50%. The company has continued to differentiate itself as a lending partner through its seamless, digital-to-retail experience and innovative digital tools. In 2022, over 400 dealers added Octane\u2019s <\/span><a href=\"https:\/\/octane.co\/o\/awards\/\"><span style=\"font-weight: 400;\">award-winning<\/span><\/a><span style=\"font-weight: 400;\">, soft pull e-commerce tool, <\/span><a href=\"https:\/\/octane.co\/o\/prequal\/\"><span style=\"font-weight: 400;\">Octane Prequal<\/span><\/a><span style=\"font-weight: 400;\">, to their websites. Octane Prequal gives customers real credit offers while driving incremental ready-to-transact customers to dealerships, all with a soft credit pull.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Octane also expanded the number of dealers and customers it serves through new partnerships and market expansions. In 2022, Octane launched nine partnerships with leading OEMs, including <\/span><a href=\"https:\/\/www.polaris.com\/en-us\/\"><span style=\"font-weight: 400;\">Polaris Inc<\/span><\/a><span style=\"font-weight: 400;\">. Octane also entered five new verticals: <\/span><a href=\"https:\/\/octane.co\/o\/entering-the-rv-market-to-streamline-and-digitize-the-buying-experience\/\"><span style=\"font-weight: 400;\">RVs<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/octane.co\/o\/ubco-and-octane-partner-to-bring-a-seamless-digital-buying-experience-to-electric-bikes\/\"><span style=\"font-weight: 400;\">electric vehicles<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/octane.co\/o\/second-new-market-for-octane-in-2022\/\"><span style=\"font-weight: 400;\">tractors<\/span><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/octane.co\/o\/trailer-market-entry-for-octane\/\"><span style=\"font-weight: 400;\">trailers<\/span><\/a><span style=\"font-weight: 400;\">, and go-karts. By financing go-karts and e-bikes, which typically retail at a lower price point than traditional powersports vehicles, Octane can support dealer partners with their full price range of vehicles and provide financing for customers making smaller purchases.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">As Octane grew, it prioritized responsibly expanding credit access to underserved customers with its proprietary risk model which provides full spectrum credit coverage, helping more people to enjoy the outdoors than any other national lender. The company collaborated with <\/span><a href=\"https:\/\/fairplay.ai\/\"><span style=\"font-weight: 400;\">FairPlay<\/span><\/a><span style=\"font-weight: 400;\">, the world\u2019s first \u201cFairness-as-a-Service\u201d solution for algorithmic decision-making, to help ensure that Octane continues to meet the highest level of compliance with applicable fair lending requirements and bring recreational lifestyle purchases within reach of more enthusiasts.<\/span><\/p><p><span style=\"font-weight: 400;\">Octane maintained its strong underwriting discipline and consistent business performance and saw considerable investor demand for its loans. The company completed two asset-backed securitizations in 2022, <\/span><a href=\"https:\/\/octane.co\/o\/375-million-asset-backed-securitization-completed\/\"><span style=\"font-weight: 400;\">OCTL 2022-1<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/octane.co\/o\/375-million-asset-backed-securitization-upsize-from-initial-300-million-target-issuance\/\"><span style=\"font-weight: 400;\">OCTL 2022-2<\/span><\/a><span style=\"font-weight: 400;\">, both of which were upsized to $375M and whose senior class of notes were rated AAA(sf) by Kroll Bond Rating Agency (KBRA)* and AA(sf) by S&amp;P**. Octane has completed nearly $1.9 billion of asset-backed securitizations to-date.<\/span><\/p><p><span style=\"font-weight: 400;\">Further, Octane bolstered its balance sheet by raising $100 million of corporate debt from <\/span><a href=\"https:\/\/varde.com\/\"><span style=\"font-weight: 400;\">V\u00e4rde Partners<\/span><\/a><span style=\"font-weight: 400;\">, a leading global alternative investment firm. The transaction closed in October and is being used for general corporate purposes, including investing in activities that will support Octane\u2019s long-term growth strategy. Additionally, Octane nearly doubled the amount of committed capital available to the business on even more favorable terms, bringing its total short-term revolving warehouse funding capacity to $700 million.<\/span><\/p><p><span style=\"font-weight: 400;\">\u201c2022 provided a challenging macro backdrop with inflation fueling an increasing cost of funds and expectations for increasing consumer credit losses. Despite these headwinds, we made significant progress across various strategic fronts, including scaling our products and entering new markets, while repositioning the business to face the new macro reality,\u201d said Jason Guss, Co-Founder and CEO of Octane. \u201cAs we look into 2023, we believe our strategy positions us to successfully face down whatever unfolds in the macroeconomic environment.\u201d<\/span><\/p><p><span style=\"font-weight: 400;\">During 2022, the company received more than ten awards for its performance, products, leadership, and culture. Octane ranked in the top ten percent of the <\/span><a href=\"https:\/\/octane.co\/o\/2022-inc-5000-annual-list\/\"><span style=\"font-weight: 400;\">Inc 5000<\/span><\/a><span style=\"font-weight: 400;\"> list of the fastest growing private companies in America and was Certified as a <\/span><a href=\"https:\/\/www.greatplacetowork.com\/certified-company\/7046059\"><span style=\"font-weight: 400;\">Great Place to\u00a0 Work<\/span><\/a><span style=\"font-weight: 400;\">\u00ae.<\/span><\/p><p><span style=\"font-weight: 400;\">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.<\/span><\/p><p><span style=\"font-weight: 400;\">*KBRA\u2019s ratings are subject to all of the terms and conditions set forth in the related report and KBRA\u2019s website, which you should review and understand, and can be accessed <\/span><a href=\"https:\/\/www.kbra.com\/search\/transactions?page=1&amp;q=octane%20receivables\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p><p><span style=\"font-weight: 400;\">**The full analysis for S&amp;P\u2019s ratings, including any updates, which you should review and understand, is available on standardandpoors.com and can be accessed <\/span><a href=\"https:\/\/disclosure.spglobal.com\/ratings\/en\/regulatory\/search-result\/searchType\/Entity\/searchTerm\/octane%2520receivables\"><span style=\"font-weight: 400;\">here<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\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>Entered 5 New Markets, Launched 9 New Partnerships, &amp; Exceeded $1.2B in Annual Originations Milestones: In 2022, Octane surpassed $1.2B in annual originations, saw a 74% increase in originations year-over-year,<\/p>\n<div><a href=\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":25,"featured_media":5747,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[34],"tags":[61,55,53],"class_list":["post-5746","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-61","tag-company-growth","tag-investor-relations"],"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 Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience | Octane<\/title>\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\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience\" \/>\n<meta property=\"og:description\" content=\"Entered 5 New Markets, Launched 9 New Partnerships, &amp; Exceeded $1.2B in Annual Originations Milestones: In 2022, Octane surpassed $1.2B in annual originations, saw a 74% increase in originations year-over-year,Read More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\" \/>\n<meta property=\"og:site_name\" content=\"Octane\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-31T09:00:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-03-25T15:30:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1024x1024.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Elizabeth Griswold\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elizabeth Griswold\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\"},\"author\":{\"name\":\"Elizabeth Griswold\",\"@id\":\"https:\/\/octane.co\/o\/#\/schema\/person\/ee9ed73e468e95f2934e6738e485df45\"},\"headline\":\"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience\",\"datePublished\":\"2023-01-31T09:00:43+00:00\",\"dateModified\":\"2024-03-25T15:30:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\"},\"wordCount\":834,\"publisher\":{\"@id\":\"https:\/\/octane.co\/o\/#organization\"},\"image\":{\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png\",\"keywords\":[\"2023\",\"Company Growth\",\"Investor Relations\"],\"articleSection\":[\"Press\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\",\"url\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\",\"name\":\"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience | Octane\",\"isPartOf\":{\"@id\":\"https:\/\/octane.co\/o\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png\",\"datePublished\":\"2023-01-31T09:00:43+00:00\",\"dateModified\":\"2024-03-25T15:30:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage\",\"url\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png\",\"contentUrl\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png\",\"width\":1000,\"height\":1000},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/octane.co\/o\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/octane.co\/o\/#website\",\"url\":\"https:\/\/octane.co\/o\/\",\"name\":\"Octane\",\"description\":\"ATV, Side by Side, PWC, Snowmobile, and Motorcycle Credit and Finance\",\"publisher\":{\"@id\":\"https:\/\/octane.co\/o\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/octane.co\/o\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/octane.co\/o\/#organization\",\"name\":\"Octane\",\"url\":\"https:\/\/octane.co\/o\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/octane.co\/o\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/03\/Primary-Logo-Whitee.png\",\"contentUrl\":\"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/03\/Primary-Logo-Whitee.png\",\"width\":400,\"height\":104,\"caption\":\"Octane\"},\"image\":{\"@id\":\"https:\/\/octane.co\/o\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/octane.co\/o\/#\/schema\/person\/ee9ed73e468e95f2934e6738e485df45\",\"name\":\"Elizabeth Griswold\",\"url\":\"https:\/\/octane.co\/o\/author\/elizabeth-griswold\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience | Octane","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/","og_locale":"en_US","og_type":"article","og_title":"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience","og_description":"Entered 5 New Markets, Launched 9 New Partnerships, &amp; Exceeded $1.2B in Annual Originations Milestones: In 2022, Octane surpassed $1.2B in annual originations, saw a 74% increase in originations year-over-year,Read More","og_url":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/","og_site_name":"Octane","article_published_time":"2023-01-31T09:00:43+00:00","article_modified_time":"2024-03-25T15:30:00+00:00","og_image":[{"width":1024,"height":1024,"url":"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-1024x1024.png","type":"image\/png"}],"author":"Elizabeth Griswold","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Elizabeth Griswold","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#article","isPartOf":{"@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/"},"author":{"name":"Elizabeth Griswold","@id":"https:\/\/octane.co\/o\/#\/schema\/person\/ee9ed73e468e95f2934e6738e485df45"},"headline":"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience","datePublished":"2023-01-31T09:00:43+00:00","dateModified":"2024-03-25T15:30:00+00:00","mainEntityOfPage":{"@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/"},"wordCount":834,"publisher":{"@id":"https:\/\/octane.co\/o\/#organization"},"image":{"@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage"},"thumbnailUrl":"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png","keywords":["2023","Company Growth","Investor Relations"],"articleSection":["Press"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/","url":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/","name":"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience | Octane","isPartOf":{"@id":"https:\/\/octane.co\/o\/#website"},"primaryImageOfPage":{"@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage"},"image":{"@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage"},"thumbnailUrl":"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png","datePublished":"2023-01-31T09:00:43+00:00","dateModified":"2024-03-25T15:30:00+00:00","breadcrumb":{"@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#primaryimage","url":"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png","contentUrl":"https:\/\/octane.co\/o\/wp-content\/uploads\/2023\/01\/230103_SOC_MilestonePressRelease_B_V2-e1675113148535.png","width":1000,"height":1000},{"@type":"BreadcrumbList","@id":"https:\/\/octane.co\/o\/2022-octane-grew-originations-by-74-with-its-fast-easy-digital-experience\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/octane.co\/o\/"},{"@type":"ListItem","position":2,"name":"Octane Grew Originations by 74% in 2022 with its Fast, Easy Digital Experience"}]},{"@type":"WebSite","@id":"https:\/\/octane.co\/o\/#website","url":"https:\/\/octane.co\/o\/","name":"Octane","description":"ATV, Side by Side, PWC, Snowmobile, and Motorcycle Credit and Finance","publisher":{"@id":"https:\/\/octane.co\/o\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/octane.co\/o\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/octane.co\/o\/#organization","name":"Octane","url":"https:\/\/octane.co\/o\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/octane.co\/o\/#\/schema\/logo\/image\/","url":"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/03\/Primary-Logo-Whitee.png","contentUrl":"https:\/\/octane.co\/o\/wp-content\/uploads\/2022\/03\/Primary-Logo-Whitee.png","width":400,"height":104,"caption":"Octane"},"image":{"@id":"https:\/\/octane.co\/o\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/octane.co\/o\/#\/schema\/person\/ee9ed73e468e95f2934e6738e485df45","name":"Elizabeth Griswold","url":"https:\/\/octane.co\/o\/author\/elizabeth-griswold\/"}]}},"_links":{"self":[{"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/posts\/5746","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/comments?post=5746"}],"version-history":[{"count":0,"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/posts\/5746\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/media\/5747"}],"wp:attachment":[{"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/media?parent=5746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/categories?post=5746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/octane.co\/o\/wp-json\/wp\/v2\/tags?post=5746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}