Through this one-year agreement, Nuveen has agreed to purchase up to $350m of fixed-rate installment powersports and outdoor power equipment loans originated by Octane's in-house lender, Roadrunner Financial. The transaction, Octane's fifth forward-flow agreement to date, brings the total value of the Company's forward-flow commitments to more than $2.2b. The agreement also marks an expansion of Octane's relationship with Nuveen following the successful close of a $150 million whole-loan sale in 2025.
"We're excited to build on our existing relationship with Nuveen, a highly respected institutional investor and valued long-term partner, through this forward-flow transaction," said Nicholas Makarov, SVP and Head of Capital Markets at Octane. "The expansion of our partnership underscores the strong performance of our assets and Octane's continued success in building a durable, diversified funding platform supported by leading institutional investors."
