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NAPLES, FL – Fuel Capital Group announced today the expansion of its lease program to include authentic leases on all pre-owned on-road touring, cruiser, sport, and street motorcycles from the major manufacturers such as Aprilia®, BMW®, Ducati®, Harley-Davidson®, Honda®, Indian®, Kawasaki®, KTM®, MV Agusta®, Royal Enfield®, Suzuki®, Triumph®, Victory®, and Yamaha® motorcycles.
Additionally, mileage cap restrictions at lease inception have all been lifted, resulting in the immediate eligibility for higher mileage bikes. Leases can be written with 48 month terms regardless of bike model or customer. Also, to further reduce rider payments, Fuel has lowered internal transaction fees and lowered rider insurance limits.
“When we started Fuel, we built an extendable modular platform that checks all of the boxes for dealers and riders,” said Peter Wasmer, Co-founder and Board member. “By opening our program to these iconic brands’ on-road motorcycles, we are able to share our deep experience and data-based decision tools with substantially all motorcycle dealers interested in...more
$100M FUND SUPPORTS LEASING INNOVATORS’ INDIAN MOTORCYCLE LEASES
Fuel Capital Group delivers on its promise to expand brands.
NAPLES, FL – Fuel Capital Group announced today the addition of pre-owned Indian Motorcycles® to its lineup of brands eligible for its industry-changing lease program. Backed by a $100M fund that supports Dealer Partners originating leases for Indian and Harley-Davidson motorcycles, the pioneering founders of Chrome Capital’s nationally recognized pre-owned Harley-Davidson® leasing program launched in August of last year. Dealers are migrating to Fuel’s 100% digital contracting and automated funding solution at an accelerated pace.
Blake Henke, Fuel Capital Group Partner and Manager of Data and Analytics confirmed, “Adding pre-owned Indians was a natural fit for Fuel. The analysis by our team demonstrates solid value stability and predictability, core requirements for our true lease solutions.”
According to Brittany Stratton, Senior Dealer Relationship Consultant with Fuel Capital, “Our connections with dealers who are...more
MOTORCYCLE LEASING INNOVATORS DELIVER BETTER, SIMPLER SALES
Fuel Capital Group is off to a fast start.
NAPLES, FL – The founders of Chrome Capital who pioneered the concept of leasing pre-owned Harley-Davidsons® to hundreds of dealers across the United States have started a new company, Fuel Capital Group, backed with an initial $100M fund to support the leases from their Dealer Partners.
Peter Wasmer, president and chief executive officer and Stephen Swain, chief financial officer, formed Fuel Capital Group earlier this year with a private investment firm.
“We love this business, particularly the many Dealer Partners with whom we have been privileged to establish transparent candid relationships over the years. Witnessing dealers across the country employ our program to generate meaningful incremental sales demonstrates the power of Fuel’s innovative leasing program” said Wasmer. “At the core of Fuel Capital’s strategy is a proprietary technology platform that provides dealers with near immediate approvals, 100%...more