BRP Uses Octane to Power 2022 Sea-Doo Switch Instant Funding


NEW YORK, November 18, 2021 / PRNewswire / – Octane (Octane Lending Inc.), the fintech that is revolutionizing the shopping experience for large recreational purchases, today announced that it will strengthen its partnership with BRP Inc. (TSX: DOO) (NASDAQ: DOOO), leader world of powersports vehicles, propulsion systems and boats, to provide customers and dealers with a seamless digital experience for the financing of the new 2022 Sea-Doo Switch pontoon.

This partnership marks Octane’s first foray into new markets following its recent D-series funding round. Entering the pontoon space, Octane is expanding beyond traditional powersports vehicles and mowers in its quest to bring its seamless digital retail experience to other underserved markets.

Through Octane’s expanded partnership with BRP, customers can pre-qualify for Sea-Doo Switch funding directly on BRP’s websites. Because Octane’s automated solution uses flexible credit, Sea-Doo customers can realize their purchasing power through instant and competitive loan offers without any impact on their credit scores, all within the framework of of the digital shopping experience. Octane’s financing solution via Roadrunner Financial, its in-house lender, is available to a full spectrum of creditworthy customers, including Preferred Customers, First-Time Buyers, and customers outside of the traditional “master” lineup, making passionate purchases such as the Sea-Doo Switch accessible to more clients than other national lenders. Additionally, Octane’s digital finance platform allows customers to upload documents to complete their purchase online, making the process of getting a loan faster and easier.

Sea-Doo Switch dealers will also benefit from the speed and ease of Octane’s lending platform, which can help them close deals in under five minutes. Through this partnership, Switch dealers can also enjoy high preferential rates, competitive promotions and a superior financing experience.

“We are delighted to strengthen our long-standing relationship with BRP to provide instant financing to fuel our customers’ lifestyles and provide a seamless shopping experience for the Sea-Doo Switch,” said Jason guss, CEO of Octane. “Our expansion into the pontoon market marks the start of Octane’s next phase of growth as we continue to fulfill our mission of connecting consumers to their passions. “

BRP and Octane started their partnership in 2017 with powersports vehicles. Their collaboration brings digital retail to life by allowing consumers to pre-qualify for financing on BRP’s websites, which brings web visitors into the flow of transactions and sends more qualified leads to dealerships.

About Octane:
Octane offers instant financing to fuel your lifestyle. Octane dramatically simplifies and speeds up the transaction process for major recreational purchases such as motorcycles, ATVs and zero-turn lawn mowers by adding value every step of the way in the shopping journey. Octane offers automated underwriting, innovative credit products and financing, through its internal lender Roadrunner Financial, Inc. Octane reaches millions of enthusiasts through its editorial brands like Cycling world and UTV driver and helps consumers buy their favorite products by prequalifying them on reseller and OEM websites. Octane is revolutionizing lending in underserved verticals in markets that account for tens of billions of dollars in annual transactions.

Octane is a remote fintech company with offices in New York and Dallas and more than 400 employees. To learn more about career opportunities and view openings, please visit the careers page on www.octane.co.

N6A on behalf of Octane
[email protected]

SOURCE Octane / North 6th Agency

Related links

www.octane.co

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