This is Octane's third whole loan sale to Yieldstreet. In late 2023 and early 2024, Octane sold a total of $280m of fixed-rate powersports loans to Yieldstreet via two transactions, the first of which was Octane's first whole loan sale and Yieldstreet's inaugural private credit facility. Octane has sold or entered into forward flow commitments of over $2.2b to-date.
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Octane closes third whole loan sale with Yieldstreet in $200m transaction
"Yieldstreet has been a strong partner for Octane since the fourth quarter of 2023 and we are both pleased and grateful for their continued interest in, and commitment to, our business," said Steven Fernald, President and Chief Financial Officer at Octane. "We look forward to deepening our relationship with them as we continue to drive growth for dealers and OEMs with our innovative solutions and seamless, digital experience."
