Octane has completed a $340 million whole loan sale with affiliates of Bayview Asset Management, marking another major capital markets milestone for the fintech lender.
The transaction includes a portfolio of fixed-rate installment loans tied to powersports and outdoor power equipment financing. The loans were originated by Octane’s in-house lender, Roadrunner Financial, Inc., and will be serviced by Roadrunner Account Services, LLC.
Octane Expands Its Institutional Capital Network
The latest Octane whole loan sale highlights the company’s continued push to diversify its funding sources and strengthen relationships with institutional capital partners.
According to the company, this is Octane’s sixth whole loan sale to date and its first transaction with Bayview Asset Management. Since completing its first whole loan sale in December 2023, Octane has sold or secured commitments to sell $3.7 billion of consumer loans through whole loan sales and forward-flow agreements.
The deal also reflects growing investor interest in consumer credit assets linked to secured lending markets such as powersports and outdoor power equipment.
Bayview Becomes New Capital Partner for Octane
Bayview Asset Management is a global alternative investment firm with experience across consumer credit and secured lending markets. Through this transaction, Bayview becomes a new capital partner for Octane.
Nicholas Makarov, SVP and Head of Capital Markets at Octane, said the deal reflects the strength of Octane’s platform, the performance of its portfolio, and continued demand for its assets.
Carlos Prevolis, Managing Director at Bayview, said Octane aligns with Bayview’s focus on disciplined capital deployment in secured consumer lending. He also noted Octane’s position in powersports and outdoor power equipment financing.
A Strong Year for Octane’s Capital Markets Strategy
The whole loan sale follows several recent milestones for Octane. Earlier this year, the company surpassed $8 billion in aggregate originations. It has also issued more than $4.7 billion in asset-backed securitizations.
Octane has gained recognition in the securitization market, winning ABS Issuer of the Year in 2026 and ABS Deal of the Year in 2025 at the Global Capital US Securitization Awards.
In 2025, Octane reported a 29% increase in originations and a 23% year-over-year rise in adjusted EBITDA to $80 million. The company also remained GAAP net income profitable for the third consecutive year.
Why the Octane Whole Loan Sale Matters
The $340 million sale gives Octane additional flexibility to support origination growth across its core markets. It also strengthens the company’s capital base at a time when fintech lenders continue to rely on diversified funding channels to scale loan production.
For Bayview, the transaction provides exposure to a consumer lending portfolio in a secured finance segment where Octane has developed a strong market position.
As demand for embedded financing and specialized consumer credit continues to grow, Octane’s latest whole loan sale signals ongoing confidence in its lending platform and asset performance.
Key Takeaway
Octane’s $340 million whole loan sale with Bayview marks an important step in the company’s capital markets expansion. The deal adds a new institutional partner, supports future origination growth, and reinforces Octane’s role in powersports and outdoor power equipment financing.