Octane and CFMOTO Announce Innovative Financing Solutions for Customers

Octane Partners with CFMOTO to Provide Enhanced Financing Options

Octane, a fintech company revolutionizing how consumers purchase recreational vehicles, has teamed up with CFMOTO, a prominent powersports manufacturer, to provide tailored financing solutions for its customers across the United States. This partnership aims to simplify the buying process and enhance accessibility for consumers interested in CFMOTO’s range of products, which includes ATVs, side-by-sides, and motorcycles.

A New Era of Financing

Effective immediately, both prime and non-prime customers can take advantage of financing options for CFMOTO's entire lineup through Octane's in-house lender, Roadrunner Financial. This strategic move enables consumers to access competitive financing terms and flexible rates for their vehicle purchases. With over 600 CFMOTO dealers in the U.S. equipped with Octane’s innovative soft-pull tool, Octane Prequal, the financing process becomes faster and more user-friendly.

Jon Vestal, Senior Vice President at Octane, expressed enthusiasm about the expanded relationship with CFMOTO, emphasizing how their digital financing experience would benefit the new and existing customers. He highlighted that the full-spectrum financing combined with modern digital tools empowers dealers to better assist customers in pursuing their passion for powersports.

Customer Empowerment and Dealer Support

Jake Mirabel, Vice President of Sales at CFMOTO, echoed the excitement about enhancing the financial options available. He stated that Octane's digital tools streamline the buying process, making it effortless for customers to secure financing for their favorite vehicles while providing dealers with competitive offerings. This collaboration aims to not only increase sales but also to foster a superior customer experience throughout the financing journey.

Since their initial partnership in 2016, Octane has provided innovative financing solutions, specifically catering to credit-worthy customers who fall just outside the traditional prime range. This ongoing collaboration represents a significant step forward in making recreational vehicle purchases more accessible and appealing to a broader audience.

Transforming the Recreational Buying Experience

Octane has devoted itself to revolutionizing the purchasing experience for various recreational products. By merging cutting-edge technology with innovative risk strategies, Octane ensures that buying powersports vehicles, RVs, boats, and other outdoor equipment is quick and stress-free. Their commitment does not end once the purchase is made; the company is dedicated to providing outstanding loan servicing, ensuring customer satisfaction at every stage of the process.

Founded in 2014, Octane has developed partnerships with more than 40 original equipment manufacturers (OEMs) and 4,000 dealers, leveraging its resources to benefit both consumers and dealers alike. Their exemplary customer service and efficient financing tools cater to the ever-growing recreational market, setting a new standard for how these transactions are handled.

For those interested in accessing these financing options, visiting the nearest CFMOTO dealership or checking online for prequalification via Octane's platform could be the first steps in making that dream vehicle a reality. With Octane and CFMOTO working together, the landscape of recreational vehicle financing has never looked brighter.