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Octane Closes $700 Million Forward-Flow Deal with New York Life, MetLife Investment Management, and Equitable

  • Octane has closed a $700 million forward-flow deal with New York Life, MetLife Investment Management, and Equitable.
  • New York Life, MIM, and Equitable have funded up to $350 million, $200 million, and $150 million respectively for fixed-rate installment powersports loans originated by Octane.
  • Octane has experienced a 36% year-over-year growth in originations in 2024 and aims to continue diversifying and expanding its base of capital providers.
  • This marks Octane's second partnership with life insurance providers and brings its total sold or committed forward flows to over $2 billion.

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