Under the terms of the one-year agreement, AB CarVal will purchase fixed-rate installment loans originated by Roadrunner Financial, Octane’s in-house lending arm. Roadrunner Account Services will continue to manage the loan servicing. This transaction represents the third partnership between the two entities, following previous agreements totaling $950 million closed in 2024.

Nicholas Makarov, SVP of Capital Markets at Octane, noted that the deal reflects the consistent performance of the company's portfolio and sustained demand from institutional investors. For AB CarVal, Managing Director P.J. Collins cited the firm's interest in asset-based finance opportunities with established originators. Octane, which recently surpassed $9 billion in aggregate originations, plans to utilize the capital to support its ongoing platform growth and market reach.