Octane Lending, Inc.

Octane Lending is an online marketplace that connects powersports (e.g., motorcycle) dealers with lenders to help secure financing for their customers.

  • Stage Prototype Ready
  • Industry Financial Services
  • Location Austin, TX, US
  • Currency USD
  • Founded 2014
  • Employees 3
  • Website octanelending.com

Company Summary

Currently, dealers apply to banks one at a time, often rekeying a customer's information three or four times, wasting 20-30 minutes. Worst of all, unlike auto or mortgage, each application sent decrements the customer's credit. Our platform allows dealers to apply simultaneously to multiple sources of financing with a single hard credit pull, saving dealers time, optimizing approvals for customers, and enabling banks to compete over more loans.

Team

  • BA Yale with distinction
    Capital One Corporate Strategy Group

Previous Investors

  • DreamIt Ventures
    Incubator
    Unconfirmed

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