Fintech Firm Partners with EV Motorcycle Co.

By Staff Writer November 29, 2022

Octane, a fintech firm for major recreational purchases, has expanded into electric vehicles through a strategic partnership with UBCO, the motorcycle company based in Oregon and founded in New Zealand.

Effective immediately, customers and dealers of UBCO’s fully electric suite of adventure bikes will benefit from Octane’s fast and easy buying experience. Octane’s digital platform and simple application allow customers to upload documents and apply for financing online, saving time at closing. Octane also provides soft-pull digital tools that enable dealers to instantly prequalify customers without impacting their credit scores. Through Octane’s in-house lender, Roadrunner Financial, UBCO dealers can offer competitive rates and flexible terms to a wide range of prime and non-prime customers, making electric bikes accessible to more customers.

UBCO has seen its dealership and customer base growing fast in the U.S., alongside the nation’s growing hunger for adventure and off-road exploration.

“UBCO wants to get more people on two wheels than ever before,” said Phil Harrison, Chief Revenue Officer at UBCO. “Up to 92% of Americans currently don’t participate in Powersports and we want to change that by providing approachable, easy to ride vehicles that expand Powersports to the masses. Octane’s purely digital experience is a key part of the value proposition to our customers.”

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Last modified on Tuesday, 29 November 2022 04:28