Octane Lending Inc., the fintech enabling the buying experience, is teaming up with Camping World Holdings, Inc. (NYSE: CWH), which is America’s Recreation Dealer, to launch a financing solution under the Good Sam Powered by Octane brand. This Captive-as-a-Service agreement enables Camping World dealers to reportedly offer more “competitive rates and flexible terms to a full spectrum of customers.”
Octane and Good Sam will expand origination volumes “through Camping World’s nearly 200 locations and digital buying experiences.”
Octane’s in-house lender, Roadrunner Financial, Inc., will “underwrite the loans, and Octane’s in-house loan servicer, Roadrunner Account Services, LLC, will service the loans.”
Additionally, Camping World dealerships will benefit from Octane’s loan origination platform and technology to “make the customer acquisition, sales, and closing process faster and easier.”
At the same time, customers will experience a more “seamless, digital RV financing experience.”
Through Octane’s Captive-as-a-Service solution, Original Equipment Manufacturers (OEMs) and dealership chains can avail “the benefits of their own financing company without the lengthy, costly process of setting up a captive on their own from scratch.”
This solution enables partners to increase “profitability, offer branded financing, and benefit from full customer life cycle marketing, while helping dealers to capitalize on financing opportunities and deliver a full-spectrum financing experience to customers.”
Each solution can be tailored to the “needs and desired outcomes of the partner and can leverage Octane’s risk management and capital markets expertise and strong track record of performance.”
To date, Octane has issued more than “$4.7 billion of asset-backed securities, including OCTL 2025-1 and OCTL 2025-RVM, and has cumulatively sold or secured commitments to sell $3.3 billion in loans through numerous whole loan sales and forward-flow agreements.”
Octane is enabling recreational purchases by “delivering end-to-end digital buying experience.”
The company connects people with their passions by combining technology and innovative risk strategies “to make lifestyle purchases—like powersports vehicles, RVs, boats, personal watercraft, and outdoor power equipment—fast, easy, and accessible.”
Founded in 2014, Octane reportedly supports over “60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600 in remote and hybrid roles.”