Octane has finalized a $350 million forward-flow agreement with Nuveen, boosting funding capacity for fixed-rate installment loans in powersports lending.
Octane has finalized a $350 million forward-flow agreement with Nuveen. The deal expands their existing partnership. It increases Octane’s capacity to fund more consumer loans in powersports and outdoor power equipment.
Octane said Nuveen will buy up to $350 million of fixed-rate installment loans that Octane originates through its in-house lender, Roadrunner Financial.
A forward-flow agreement is a contract where an investor agrees to buy loans as they are created over a set period. Think of it like a standing purchase order for receivables, rather than a one-time sale.
This agreement runs for one year. Octane said the loans will keep being serviced by Roadrunner Account Services, meaning the same platform will still handle repayments, customer support, and account management.
Octane described the deal as its fifth forward-flow agreement. It said total forward-flow commitments are now above $2.2 billion. The company also pointed to a prior Nuveen transaction, a $150 million whole-loan sale in 2025.
For lenders, predictable access to capital is a growth lever. A forward-flow line can reduce funding uncertainty, because the originator knows there is a committed buyer for a pipeline of loans.
This matters in consumer finance markets tied to big-ticket purchases, like motorcycles, ATVs, and outdoor power equipment. These categories often depend on credit at the point of sale, especially when rates and affordability are under pressure.
Octane said the proceeds will support growth across its lending platform. Since 2014, it says it has originated more than $8 billion in loans, issued more than $4.7 billion in asset-backed securities, and sold or committed to sell more than $3.6 billion in secured consumer loans through whole-loan sales and forward-flow transactions.
Primary Source: Powersports Business
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