Octane Lending, Inc. (Octane), a fintech company offering financial products specifically for retailers and consumers, and Huntington National Bank (Huntington) have announced a new strategic relationship with Scag Power Equipment, to streamline the purchase of Scag outdoor equipment. Scag joins 10 other power equipment manufacturers to use Octane for its financing platform.

With the Huntington Bank Powered by Octane program, Scag dealerships can manage the entire sales and financing process through a single platform. This simplified financing process benefits both dealers and customers from pre-qualification through closing. Qualified applicants will receive prime financing offers through Huntington and near-prime financing offers through Octane’s in-house lender, Roadrunner Financial, Inc.

“Our work with Octane continues to strengthen how we serve dealers at the point of sale,” says Tim Skinner, Managing Director of Consumer Lending, Huntington Bank. “Bringing Scag into the program further expands our reach in the power equipment market and reinforces our commitment to delivering fast, flexible financing solutions that support dealers and customers alike.”

The Huntington Bank Powered by Octane Dealer Portal uses the same technology as Octane’s innovative dealer portal, and delivers short and simple loan applications, near instant credit decisions, and a streamlined way to manage loan terms and documentation. Dealers can customize terms, manage workflows with user-friendly navigation, and move customers seamlessly and quickly through the financing process.

“At Scag, we’re committed to providing our dealers with the tools and resources they need to best serve their customers,” Bruce Medd, Director of Finance at Scag Power Equipment, says. “Our relationship with Huntington and Octane adds another financing option that helps simplify the purchasing process while supporting the premium buying experience our customers have come to expect from Scag.”