Innovative Financing Experience Unveiled by Bad Boy, Octane, and Huntington Bank for Dealers and Customers

Bad Boy, Octane, and Huntington Bank Team Up for a Fresh Financing Approach

In an effort to modernize the financing landscape for dealers and customers, Bad Boy, Octane Lending Inc., and The Huntington National Bank have announced a strategic collaboration. This partnership aims to simplify the purchasing process for Bad Boy's robust lineup of outdoor power equipment (OPE), focusing specifically on zero-turn lawn mowers and other related products.

Streamlined Sales and Financing Process

With the introduction of the Huntington Bank Powered by Octane program, participating Bad Boy dealerships will have access to a centralized platform designed to manage both sales and financing efficiently. This innovative system ensures that from prequalification to closing, both dealers and their customers experience a seamless journey. dealers can utilize this full-spectrum program to connect directly with potential buyers while managing all aspects of the sale in a single interface.

This new financing solution stands out through its emphasis on ease and speed. Qualified applicants can expect prime financing options facilitated by Huntington Bank. For those who may need near-prime financing, Octane's in-house lender, Roadrunner Financial, Inc., steps in to cater to those needs, offering a comprehensive approach that encompasses various credit profiles.

Jon Vestal, Executive Vice President and General Manager of Recreational Lending at Octane, expressed enthusiasm over this new partnership: “By teaming up with Bad Boy and Huntington, we’ve reinforced our commitment to provide innovative financing solutions tailored for the OPE market. Our goal is to empower retailers and consumers by simplifying access to financial products.”

Similarly, Tim Skinner, Managing Director of Consumer Lending at Huntington, emphasized the importance of this partnership for both their lending solutions and their clients. He stated: “We pride ourselves on delivering exceptional experiences to our prime customers, and our collaboration with Octane enhances the functionality, speed, and simplicity that our clients have come to expect.”

Dealer Portal Enhancements

The Huntington Bank Powered by Octane Dealer Portal is designed using the same advanced technology found in Octane's dealer platforms. This means dealers can navigate through the financing process more rapidly, thanks to simplified loan applications, almost instantaneous credit decisions, and an enhanced interface for managing loan terms and documentation. This system empowers dealers to customize financing terms according to specific needs and facilitates efficient workflow management through user-friendly navigation.

Bad Boy’s Vice President of Sales, Kevin Newingham, highlighted the customer-centric approach of his company: “At Bad Boy, our commitment to servicing our customers remains our top priority. Collaborating with Huntington and Octane allows us to introduce a flexible and hassle-free financing option, which positively impacts those who rely on our equipment daily.”

About the Partners

Octane, founded in 2014, has revolutionized how financing operates by delivering a seamless end-to-end digital buying experience. By combining technology with innovative risk strategies, Octane aids businesses in financing customers promptly and easily, catering to various sectors including powersports vehicles, RVs, marine, and OPE.

With over 50 OEM partners and more than 4,000 dealer partners, Octane continues to grow significantly within this niche market. For more information, visit Octane.co.

Huntington Bank, a reputable $279 billion asset regional bank holding company, has been serving the financial needs of individuals and businesses since its inception in 1866. Headquartered in Columbus, Ohio, Huntington supports a broad range of financial needs, offering services ranging from consumer banking to investment solutions. With nearly 1,400 branches across 21 states, Huntington leverages its strong network to enhance the customer experience. For more information, visit Huntington.com.

Bad Boy, started in Batesville, Arkansas, is known for revolutionizing the zero-turn mower market. With a focus on quality and value, Bad Boy produces a range of equipment that extends beyond mowers, including tractors and tools for light construction. For more information about Bad Boy's offerings, visit badboycountry.com.