Executives from MotoLease LLC, RumbleOn, and Fuel Capital Group will lend their expertise and thoughts on innovation in the powersports finance space at PowerSports Finance 2018.
The conference will take place Nov. 6-7 at the Omni Fort Worth. To register for the event, click here.
In recent years, the powersports industry has been embracing more technological methods to finance deals. Weighing in on this progress and where the industry is heading are Emre Ucer, co-founder and managing partner of MotoLease; Marshall Chesrown, chief executive of RumbleOn; and Peter Wasmer, president and chief executive of Fuel Captial Group. The three will participate on a panel called “Technology of Tomorrow” and will discuss such topics as how fintech partnerships stack up, leveraging machine learning to originate loans, and when e-contracting will catch on.
With more than 20 years of operational and financial management experience, Ucer co-founded MotoLease in 2010. MotoLease provides lease origination, underwriting, servicing, and financing — all supported by proprietary technology and software for its powersports audience. The company recently launched a new incentive program called MotoCoin to help spur consumers to make their payments on-time.
Chesrown created RumbleOn, a powersports marketplace that has sites for dealers and consumers, after seeing the need for a motorcycle listing platform in the space. Customers and dealers can buy, sell, trade, or finance their vehicles. If they choose to sell, RumbleOn will make a cash offer. The company recently launched a platform called RumbleOn Classified exclusively for consumers. Chesrown has more than 30 years in the automobile and powersports industries, having founded an auto group in 1985.
Fuel Capital Group is a startup leasing company that soft-launched in August. The company leases Harley-Davidsons up to 10 years old and features an entirely digital finance process, allowing dealers to upload their packages straight to the lessor. Wasmer was previously president and CEO of Chrome Capital Group, another motorcycle lessor. He was also the president of investment and consulting firm Lion Hill Capital LLC.
Technology of Tomorrow will take place Nov. 7 at 3:30 p.m.
For more information on the event, visit www.powersportsfinance.net.