Lenders Maintain Subprime Concentration Despite ‘Resistance’ in ABS Market

• Natalie Mattila
• November 8, 2017
• Capital Markets, Performance & Pricing, Risk, Subprime

LAS VEGAS — Despite an increased resistance in the secondary market for subprime powersports paper, ThunderRoad Financial continues to maintain “a reasonable percentage” of subprime...

BMW Sees U.S. Market Sales Decline in 3Q

• Emma Sandler
• November 8, 2017
• Capital Markets

BMW Motorrad saw the US market contract by 5.7% according to its 3Q earnings yesterday. However, worldwide, BMW Motorrad delivered 39,429 motorcycles globally to its...

ThunderRoad to Launch Funding Program to Bypass Capital Markets

• Natalie Mattila
• November 7, 2017
• Capital Markets, Performance & Pricing

LAS VEGAS — ThunderRoad Financial is setting up a program to provide enough liquidity to fund growth through 2019 without the need to “constantly go back...

Squeezing the Brakes: Lenders Pull Back on Securitizations as Whole Loan Market Heats Up

• Natalie Mattila
• October 24, 2017
• Capital Markets, OEMs, Performance & Pricing

While there may be only two issuers in the powersports asset-backed securitization space, the market is notably slowing as both companies have foregone issuing transactions...

ThunderRoad Completes $55 Million Whole Loan Sale

• Natalie Mattila
• October 12, 2017
• Capital Markets, Performance & Pricing, Sales & Marketing

ThunderRoad Financial completed its fourth whole loan sale to date, this time of 5,000 accounts, Powersports Finance has learned. This is the powersports lender’s second-largest transaction...

Royal Credit Union Promotes Brandon Riechers to CEO

• Huixin Deng
• July 27, 2017
• Best Practices, Capital Markets, Dealer Pulse

Royal Credit Union promoted Brandon Riechers to president and chief executive of Royal Credit Union, effective July 31, the company announced on Tuesday. The decision...

Welcome to the New Powersports Finance

• JJ Hornblass
• June 12, 2017
• Best Practices, Capital Markets, Compliance, Dealer Pulse, OEMs, Performance & Pricing, Preowned, Products, Risk, Sales & Marketing, Subprime, Technology

PowerSports Finance today released a massive rebranding, its first since the website was launched in early 2016. The new site has been completely reimagined with a...

ThunderRoad’s Hummer to Speak in Fireside Chat at PowerSports Finance 2017

• Natalie Mattila
• June 7, 2017
• Best Practices, Capital Markets, Performance & Pricing, Products, Risk, Subprime, Technology

Donal Hummer Jr., founder and chief executive for ThunderRoad Financial, will sit down for a fireside chat at PowerSports Finance 2017, Oct. 24-25, at the...

SURVEY: Powersports Finance Wants to Hear From You

• Natalie Mattila
• May 26, 2017
• Best Practices, Capital Markets, Compliance, Dealer Pulse, OEMs, Products, Risk, Subprime

Today is the last day to participate in this year’s Powersport Finance reader survey, and enter for a chance to win a $100 Amazon gift card. As...

SURVEY: Powersports Finance Wants to Hear From You

• Natalie Mattila
• May 23, 2017
• Best Practices, Capital Markets, Compliance, Risk, Sales & Marketing, Subprime, Technology

As an important part of the powersports finance community, we are coming to our readers for insights on how we can improve Powersports Finance. Powersports Finance is the...