The Three-Way Collaboration Expands Opportunities for Credit Unions to Acquire the Powersports Asset Class
NEW YORK, June 26, 2025 /PRNewswire/ — LoanStreet Inc., a leading technology provider for loan trading, reporting, analysis and servicing, announced the launch of a powersports participation program made available through a collaboration with Georgia’s Own and Octane Lending, Inc.®, (Octane®), the fintech revolutionizing the buying experience for major recreational purchases.
“Georgia’s Own is proud to partner with Octane to deliver powersports participations to credit unions across the country. We believe that diversification across asset classes and partnering with best in class originators like Octane is critical to a well-functioning balance sheet,” said Christin Hewitt, CFO of Georgia’s Own.
“At Octane, we strive to partner with forward thinking, innovative financial institutions like Georgia’s Own to unlock the power of financial products for retailers and consumers,” said Jason Guss, CEO of Octane. “Our seamless, full-spectrum financing experience makes buying better for dealers, OEMs, and consumers while delivering strong, stable credit performance.”
“Ultimately, LoanStreet can deliver the broadest participation marketplace to facilitate balance sheet management to credit unions while enabling better financing solutions for consumers across any asset class. We are proud to support innovative partners as they deliver best in class financial services across the US,” said Ian Lampl, CEO of LoanStreet.
This transaction follows a forward-flow partnership, facilitated by LoanStreet, through which Georgia’s Own purchases high-quality, fixed-rate installment powersports loans originated by Octane’s in-house lender, Roadrunner Financial®, Inc. that are aligned with Georgia’s Own’s risk criteria.
Although the first transaction is now closed, credit unions will have the opportunity to participate in future powersports whole loan sales through this partnership. Interested parties should contact LoanStreet, Octane, or Georgia’s Own to learn more.
About LoanStreet
LoanStreet is a financial technology company that helps lenders optimize their balance sheets by buying and selling loans, analyzing performance and servicing commercial and corporate credits. Over 1,300 institutions leverage LoanStreet’s innovative solutions, from credit unions and community banks to private direct lenders.
To learn more, visit www.loan-street.com.
Media Contact
LoanStreet Inc.
About Octane:
Octane® is revolutionizing recreational purchases by delivering a seamless, end-to-end digital buying experience. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases–like powersports vehicles, RVs, boats, personal watercraft, and outdoor power equipment–fast, easy, and accessible.
Octane adds value throughout the customer journey: inspiring enthusiasts with the Octane Media™ editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online, routing customers to dealerships for an easy closing, and supporting customers throughout their loan with superior loan servicing.
Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of 600 in remote and hybrid roles. Visit www.octane.co.
Octane® and Roadrunner Financial® are registered service marks of Octane Lending, Inc. Cycle World® and UTV Driver® are registered trademarks of Octane Media, LLC.
Media Relations: Shannon O’Hara
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SOURCE Octane
