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
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CEOBA Yale with distinction
Capital One Corporate Strategy Group
Previous Investors
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DreamIt VenturesIncubatorUnconfirmed
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