{"id":6432,"date":"2024-10-09T09:15:00","date_gmt":"2024-10-09T09:15:00","guid":{"rendered":"https:\/\/octane.co\/o\/?p=6432"},"modified":"2024-10-09T13:20:41","modified_gmt":"2024-10-09T13:20:41","slug":"marine-market-entrance","status":"publish","type":"post","link":"https:\/\/octane.co\/o\/marine-market-entrance\/","title":{"rendered":"Octane Enters the Marine Market with its Seamless, Digital Buying Experience"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6432\" class=\"elementor elementor-6432\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7579d55 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7579d55\" 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-c706589\" data-id=\"c706589\" 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-5518d9c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"5518d9c\" 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-3542a34\" data-id=\"3542a34\" 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-49dd763 elementor-widget elementor-widget-image\" data-id=\"49dd763\" 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=\"663\" src=\"https:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-1024x663.jpg\" class=\"attachment-large size-large wp-image-6438\" alt=\"\" srcset=\"http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-1024x663.jpg 1024w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-300x194.jpg 300w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-768x497.jpg 768w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-1536x994.jpg 1536w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-1160x751.jpg 1160w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-77x50.jpg 77w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-650x421.jpg 650w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-1000x647.jpg 1000w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1-50x32.jpg 50w, http:\/\/octane.co\/o\/wp-content\/uploads\/2024\/10\/240927_EXT_MarineLaunch-V3-1.jpg 1836w\" 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-013f90c\" data-id=\"013f90c\" 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-054b466 elementor-widget elementor-widget-text-editor\" data-id=\"054b466\" 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;\">Brings Fast, Easy, Full-Spectrum Financing to Marine Dealers and Consumers<\/span><\/i><\/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\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3c09a88 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3c09a88\" 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-7856871\" data-id=\"7856871\" 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-94a02db elementor-widget elementor-widget-text-editor\" data-id=\"94a02db\" 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><span style=\"font-weight: 400;\">NEW YORK, October 9, 2024 \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, announced today that it has entered the marine market.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Effective immediately, marine, recreational, and powersports dealers selling pontoons and motorboats can offer competitive rates and flexible terms to a wide range of prime and non-prime customers through Octane\u2019s in-house lender, <\/span><a href=\"https:\/\/roadrunnerfinancial.com\/\"><span style=\"font-weight: 400;\">Roadrunner Financial<\/span><\/a><span style=\"font-weight: 400;\">, Inc.\u00ae. Octane\u2019s innovative digital experience allows dealers to move quickly and seamlessly through the financing process, from initial customer inquiry through deal close, saving time for dealers and consumers alike.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">\u201cWe\u2019re thrilled to bring our innovative, end-to-end financing experience to the marine market,\u201d said Mark Davidson, Chief Growth Officer. \u201cWe look forward to supporting dealers and OEMs in this growing market while offering full-spectrum financing that fuels our customers\u2019 lifestyles.\u201d\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">This expansion follows several exciting milestones for the company; Octane recently announced <\/span><a href=\"https:\/\/octane.co\/o\/raises-50-million-in-series-e-funding-round\/\"><span style=\"font-weight: 400;\">its Series E funding round<\/span><\/a><span style=\"font-weight: 400;\">, closed a <\/span><a href=\"https:\/\/octane.co\/o\/ab-carval-and-octane-announce-500-million-forward-flow-deal\/\"><span style=\"font-weight: 400;\">$500 Million Forward-Flow Deal with AB CarVal<\/span><\/a><span style=\"font-weight: 400;\">, and surpassed <\/span><a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7237846595529023488\"><span style=\"font-weight: 400;\">$5 billion in aggregate originations<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p><p><span style=\"font-weight: 400;\">Dealerships interested in Octane\u2019s seamless, digital financing experience can learn more at <\/span><a href=\"https:\/\/octane.co\/o\/dealer\/signup\/\"><span style=\"font-weight: 400;\">https:\/\/octane.co\/o\/dealer\/signup\/<\/span><\/a><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p><p><b>###<\/b><\/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>Brings Fast, Easy, Full-Spectrum Financing to Marine Dealers and Consumers NEW YORK, October 9, 2024 \u2014 Octane\u00ae (Octane Lending, Inc.\u00ae), the fintech revolutionizing the buying experience for major recreational purchases,<\/p>\n<div><a href=\"https:\/\/octane.co\/o\/marine-market-entrance\/\" class=\"exp-read-more exp-read-more-underlined\">Read More<\/a><\/div>\n","protected":false},"author":25,"featured_media":6439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[34],"tags":[66,55,53,52],"class_list":["post-6432","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press","tag-66","tag-company-growth","tag-investor-relations","tag-recent-press"],"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 the Marine Market with its Seamless, Digital Buying Experience | Octane<\/title>\n<meta name=\"description\" content=\"New York-based fintech Octane raises $50 million in Series E Funding Round to fuel continued growth, product innovation, and market expansion.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, 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