Octane ® ( Octane Lending, Inc.) announced the execution of a $1.4 billion forward-flow financing arrangement, which is also the company's largest forward-flow transaction to date, and further deepens its relationship with leading institutional investors.
New York Life Investment Management Company (New York Life Investment Management) served as the loan arranger and primary investor, with other participants including MetLife Investment Management, Equitable, Pacific Life, and Victory Park Capital. AB CarVal acted as the investment advisor for Equitable in this transaction. According to the agreement, all parties have agreed to purchase assets worth up to $1.4 billion, which consist of fixed-rate installment loans, full-category power sports loans, and outdoor power equipment loans initiated by the lending institutions Roadrunner Financial and LLC under Octane. The loan service agencies Roadrunner Account Services and LLC under Octane will be responsible for servicing these loans.
Octane indicates that this transaction represents the third forward-flow collaboration with the life insurance company's management fund, and it also extends upon their existing relationships with New York Life, MetLife, and Equitable. The aforementioned parties had previously all participated in the $700 million forward-flow financing arrangement announced by Octane in April 2025.
Octane, Senior Vice President and Head of Capital Markets, Nicholas Makarov stated: "We have undertaken the largest forward-flow financing arrangement in our history, which is a significant milestone for Octane and its capital market initiatives. We are grateful to every partner for their ongoing trust in our platform. The scale of this transaction and the quality of the participants reflect the strength and stability of our credit performance, the persistent demand from leading institutional investors for Octane-initiated assets, as well as our ability to establish and deepen relationships with top-tier capital partners."
Brendan Feeney, the Managing Director and Head of Consumer Asset Financing at Private Fixed Income under New York Life Investment Management, stated: "Building on our first financing arrangement, we are delighted to complete the second forward-flow commitment with Octane under an expanded lineup of institutional partners." Private Fixed Income is part of New York Life Investment Management ( NYLIM ). NYLIM is a global investment platform that manages assets worth approximately $837 billion and is capable of providing customized solutions in both public and private markets. Feeney noted that this transaction strengthens NYLIM's commitment to finding high-quality, differentiated assets for its portfolio, while also supporting Octane's continued growth and market leadership.
Octane indicates that with this transaction, the company continues to expand its base of high-quality institutional capital partners. To date, through the forward-flow and whole-loan projects, the company has sold or secured sales commitments for over $6.3 billion in consumer loans, of which approximately $3.4 billion are commitments for 2026. This transaction also further strengthens the Octane diversified capital market platform; at the same time, the company also has an asset-backed securitization project that has issued over $5 billion in notes to date, including its $337 million in RV and Marine securitization transactions, which are the largest transactions of this type by the company to date.
At the time of the release of this forward-flow announcement, Octane is in a phase of continuous growth and enhanced momentum. In the first half of 2026, Octane's loan issuance volume increased by 37% year-on-year, with the total cumulative loans issued exceeding 9 billion US dollars. Octane also announced important Captive-as-a-Service ™ collaborations with power sports and RV markets, entering the automotive industry, and continuing to expand into power sports, outdoor power equipment, RV, and Marine industries; in addition, the company was also recognized as the GlobalCapital US Securitization Awards of the year for ABS issuers in 2026.
Regarding Octane:
Octane is reshaping the way financing is done by providing a seamless end-to-end digital purchasing experience. Octane combines cutting-edge technology with innovative risk strategies to help retailers and consumers unlock the value of financial products, enabling businesses to offer car and lifestyle-related purchase financing to more customers with good credit qualifications more quickly, easily, and conveniently. This includes financing for power sports vehicles, RV, boats, and outdoor power equipment.
Octane provides value at every stage of the travel purchase process: connecting dealers with buyers, providing tools for customers to obtain what they need; conducting preliminary credit checks and financing for consumers in real-time online; offering technology that makes the transaction process faster and more convenient; and supporting customers throughout the loan period with higher-quality loan services.
Octane was established in 2014 and has 80 OEM brand partners, over 4,000 distributor partners, and more than 600 employees. Visit Octane.co.
Octane ® and Roadrunner Financial ® are registered service trademarks of Octane Lending and Inc.
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