Electric OEM Open to Financing Through Mahindra Captive

• Matthew Wood
• February 22, 2019
• All Posts, OEMs

Mahindra Automotive North America has acquired GenZe, an electric bicycle and scooter manufacturer it has been incubating since 2012, but will not fin...

American Cycle Finance Preps Off-Road Program to Attract Millennials

• Matthew Wood
• February 21, 2019
• All Posts, Subprime

Subprime lender American Cycle Finance is targeting millennial riders by adding a limited off-road vehicle program, President Ben Donnarumma told Powe...

Honda E-Contracting Leads to Faster Funding, Dealers Say

• Matthew Wood
• February 20, 2019
• All Posts, Dealer Pulse, Technology

American Honda Finance Corp.’s new e-contracting system for powersports can provide funding in as little as a few hours, but the captive is work...

Speed Leasing Eyes Wholesale Finance Program by Yearend

• Matthew Wood
• February 19, 2019
• Dealer Pulse

Speed Leasing LLC wants to be a “top-to-bottom” provider of powersports services, which includes offering wholesale finance and ancillary ...

NPA Opens Second California Auction Location

• Matthew Wood
• February 18, 2019
• All Posts, Dealer Pulse, OEMs, Preowned

National Powersports Auction has opened an auction facility in Sacramento, Calif., Chief Operating Officer Jim Woodruff told Powersports Finance. NPA&...

Mahindra Brings Powersports Financing In-House

• Matthew Wood
• February 15, 2019
• All Posts, Dealer Pulse, OEMs

Mahindra Automotive North America is bringing financing for its Roxor vehicles in-house with Mahindra Finance USA’s first recreational powerspor...

Roadrunner and BRP Target ‘Late Summer’ for Lease Program Rollout

• Matthew Wood
• February 14, 2019
• All Posts, OEMs

Roadrunner Financial plans to roll out its BRP leasing program nationally in “late summer,” Vice President of Partnerships Logan Shedd tol...

Speed Leasing CEO Talks Company Origins and Digital Impact

• Matthew Wood
• February 13, 2019
• All Posts, Best Practices

The following article is a monthly Q&A segment on Powersports Finance that offers a glimpse of what senior industry executives are thinking about ...

GPS Provider to Partner With Lenders in 1Q

• Matthew Wood
• February 12, 2019
• All Posts, Best Practices, Technology

Find It Now GPS Security (FIN) is planning to integrate with a “couple” of powersports lenders by quarter’s end, Founder and Chief E...

Rollick Adds Credit Union Preapproval to Buying Platform

• Matthew Wood
• February 11, 2019
• All Posts, Dealer Pulse, Technology

Rollick Inc. has partnered with CUneXus Solutions to add finance preapprovals for credit union members shopping for powersports vehicles. CUneXus deve...