Scag Power Equipment teams with Octane and Huntington Bank to simplify equipment financing
Scag Power Equipment has partnered with Octane and Huntington National Bank to offer a streamlined financing experience for outdoor power equipment purchases, giving dealers and customers access to a single platform that manages the sales and financing process from prequalification through closing.
Under the Huntington Bank Powered by Octane program, Scag dealerships can process financing through one platform designed to simplify transactions. Qualified applicants receive prime financing offers through Huntington, while near-prime applicants receive financing offers through Octane’s in-house lender, Roadrunner Financial Inc.
The dealer platform provides short loan applications, near-instant credit decisions and tools that allow dealers to customize loan terms, manage documentation and move customers through the financing process more efficiently.
“We’re proud to team up with Huntington and Scag to bring fast, easy, full-spectrum financing to more OPE dealers and customers,” said Jon Vestal, EVP and General Manager of Recreational Lending at Octane. “This collaboration helps to fuel our expansion in the OPE market and deliver on our mission to unlock the power of financial products for retailers and consumers.”
“Our work with Octane continues to strengthen how we serve dealers at the point of sale,” said Tim Skinner, Managing Director of Consumer Lending at Huntington. “Bringing Scag into the program further expands our reach in the outdoor power equipment market and reinforces our commitment to delivering fast, flexible financing solutions that support dealers and customers alike.”
The Huntington Bank Powered by Octane Dealer Portal uses the same technology as Octane’s dealer platform, allowing dealers to manage financing workflows through a single interface with user-friendly navigation and digital documentation tools.
“At Scag, we’re committed to providing our dealers with the tools and resources they need to best serve their customers,” said Bruce Medd, Director of Finance at Scag Power Equipment. “Our relationship with Huntington and Octane adds another financing option that helps simplify the purchasing process while supporting the premium buying experience our customers have come to expect from Scag.”
