Source One Financial Services, LLC originates, underwrites, and processes secured recreational vehicle and marine consumer loans on behalf of various financial institutions including national/regional banks, credit unions, and specialty finance companies to aggregate a comprehensive, single-source, loan program targeting small to mid-sized powerboats and towable trailers. The loan program is then distributed to a network of dealerships that utilize Source One for its consumer financing needs.
Investment Profile:
Status: Realized
Investment Date: 2016
Transaction Type: Recapitalization
Strategy: Accelerating Growth
Station Lead(s): Rooke, Kelly
Investment Highlights:
Bolstered Management Team
Implemented Operating Efficiency Through Upgraded IT Systems
Strategic Acquisitions of Complimentary Services
Successful Sale: December 2021
