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Scag Power Equipment Partners with Octane and Huntington for Digital Financing

Scag Power Equipment, Octane, and Huntington National Bank have launched a strategic collaboration to integrate digital financing into the purchase of outdoor power equipment. The initiative allows Scag dealerships to manage the entire sales lifecycle—from prequalification to closing—through a unified, tech-driven platform designed to accelerate transaction times.

Scag Power Equipment Partners with Octane and Huntington for Digital Financing

The new "Huntington Bank Powered by Octane" program provides dealers with a centralized portal for managing loan terms and documentation. By leveraging Octane’s proprietary technology, the system delivers near-instant credit decisions, catering to a broad spectrum of buyers. Qualified applicants secure prime financing through Huntington, while near-prime customers gain access to credit via Roadrunner Financial, Octane’s in-house lending arm.

This partnership aims to replace fragmented sales workflows with a streamlined digital experience. According to Jon Vestal, EVP at Octane, the move represents a significant expansion into the outdoor power equipment sector. Bruce Medd, Director of Finance at Scag, noted that the integration provides dealers with essential tools to maintain a premium buying experience. The platform facilitates simplified navigation and customizable loan workflows, allowing staff to move customers through the financing process without the traditional administrative burden.

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