Octane Doubles RV Originations, Eclipses $2 Billion in 2025

A picture of Octane CEO Jason Guss.

Financial technology company Octane Lending, Inc. hit a milestone in 2025 surpassing $2 billion in annual originations.

Through its in-house lender, Roadrunner Financial, Inc. Octane said it reached a record-breaking $2.1 billion in originations and surpassed $7.6 billion in aggregate originations.

Loan originations encompass all steps from the initial loan application to the final approval and funding.

Octane also significantly grew its RV business.

“For the second year in a row, the company more than doubled RV originations year-over-year,” an Octane spokesperson said. “Notably, Octane announced a partnership with the leading RV dealership chain to support its more than 200 locations in the U.S., strengthening the company’s presence in the recreational market.”

In December 2025, Octane announced a partnership with Camping World’s Good Sam membership organization.

The companies said the agreement enables Camping World dealers to offer competitive rates and flexible terms to customers.

Octane CEO and co-founder Jason Guss said the company collaborates with 50 OEMs, has over 4,000 active merchant partners and serves seven secured lending markets.

“I’m extremely proud of our accomplishments in 2025, and I look forward to using this momentum as a springboard for continued growth and success in 2026 and beyond,” Guss said. “Our achievements wouldn’t have been possible without the hard work and innovation of our team, and the continued support of our investors and partners.”

Also in 2025, Octane launched its Captive-as-a-Service for OEMs and dealership chains.

“Through this product, partners can enjoy the benefits of having their own financing company without the lengthy, costly process of setting up a captive from scratch,” Octane said. “Captive-as-a-Service enables partners to increase profitability on each sale through life-cycle marketing and participation in the economics of the loan, all while delivering a fast, easy financing experience to their customers.”

Last year, Octane raised $100 million from new and returning investors in its Series F funding round at a $1.3 billion valuation.

“This capital enables Octane to deepen penetration in existing markets, fuel its expansion into new markets and support the launch of new product offerings,” a spokesperson said. “The company also used these funds to provide liquidity to current and former employees.”

Over the course of 2025, Octane made key leadership appointments in naming Sean Fernandez-Ledon as its first Chief Legal Officer and Jon Vestal and Kartik Kothari as its first Executive Vice Presidents.

In October, the company opened a new Dallas office. Half of Octane’s more than 600 employees are now based out of the new office.

“We look forward to continuing to unlock the power of financial products,” Guss said, “for retailers and consumers for years to come.”

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