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Octane raises $52M at a $900M+ valuation to help people finance large recreational purchases



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Most of the time when people get loans, it’s for big life purchases such as a house or a car.
But not every big purchase is a necessity. Some are more for fun, and the financing options for those types of buys — such as motorcycles and ATVs — are more limited. Today, Octane Lending, a company that embarked seven years ago on remedying that, announced it has raised $52 million in a Series D round of funding that values the company at over $900 million.
The company, which offers “instant” financing for large recreational purchases, boasts impressive financials in a startup world …

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