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The transaction – Octane's fourth forward-flow agreement to date – brings the Company's total value of forward-flow commitments signed in the past year to more than $2b. Octane has sold or entered into commitments to sell more than $2.8b since its first whole loan sale in December 2023.
"We deeply appreciate and value the MSC team's partnership as we endeavor to deliver innovative, tailored solutions and a seamless, digital experience for dealers and OEMs," said Steven Fernald, President and Chief Financial Officer at Octane. "We are thrilled to see growing demand from esteemed partners such as MSC for our asset class, buoyed by consistent and stable credit performance, and look forward to deepening our relationship with them in the years to come."
