Octane completes $340 million whole loan sale with Bayview
Octane Lending Inc. has completed the sale of a $340 million portfolio of fixed-rate installment loans for powersports and outdoor power equipment purchases to affiliates of Bayview Asset Management.
The loans were originated by Octane’s in-house lender, Roadrunner Financial Inc., and will continue to be serviced by Roadrunner Account Services LLC.
The transaction marks Octane’s sixth whole loan sale since December 2023 and its first with Bayview. According to the company, Octane has sold or secured commitments to sell $3.7 billion in consumer loans through whole loan sales and forward-flow agreements during that period.
“We are thrilled to welcome Bayview as a new capital partner,” said Nicholas Makarov, SVP and Head of Capital Markets at Octane. “This transaction is a testament to the strength of our platform, the performance of our portfolio, and the continued demand for Octane’s assets. Bayview’s deep experience investing across consumer credit makes it an ideal partner as we continue to diversify our capital base and support origination growth across our core markets.”
“Octane is a strong strategic fit with Bayview’s focus on disciplined capital deployment in the secured consumer lending market,” said Carlos Prevolis, Managing Director at Bayview. “We’ve been impressed by Octane’s growth and leadership in powersports and outdoor power equipment lending and look forward to continuing to strengthen our partnership.”
Octane said it has surpassed $8 billion in aggregate loan originations. The company also reported issuing more than $4.7 billion in asset-backed securitizations and said it recorded year-over-year growth in originations and adjusted EBITDA in 2025 while remaining profitable under generally accepted accounting principles for the third consecutive year.
