ThunderRoad Financial Profile

Deal Summary

11


Deals Funded

$9,905,000


Total Issued

$172.59K


Interest Paid

10.84%


Wtd. Avg. APY

90


Wtd. Avg. Duration

$900,455


Avg. Deal Size

About ThunderRoad Financial

ThunderRoad Financial serves as a financial partner to hundreds of powersports dealerships by providing credit to their customers. Vehicles financed by the originator include motorcycles, dirt bikes, UTVs, ATVs, and personal watercraft. They have originated $200 million in loans to over 10,000 borrowers since it was founded in 2014.

ThunderRoad continues to be led by an experienced management team whose 45+ years of prior experiences include roles at other powersports finance firms. The CEO was the founder of Harley-Davidson Financial Services where he also served as General Counsel. The COO also previously worked at Harley-Davidson Financial Services in operations, collections, remarketing, insurance, and relationship leadership roles.

ThunderRoad is seeking to grow origination volumes and the addition of new sources of funding will allow them to get new dealerships onboarded.


COMPANY FACTS

Founded: 2014

Sector: Consumer loans

HQ: Reno, NV

Key People: Donal Hummer (President & CEO)

SURVEILLANCE REPORTS

Originator Data

ThunderRoad Financial: APYs over time

Past Deals

  • deal history

Close Date

Name

Deal Size

Duration (days)

APY

11/12/19

Short Term Powersports Vehicle Financing 7-A () 

$1.125M

90

9.50%

12/12/19

Short Term Powersports Vehicle Financing 7-B () 

$500k

90

9.50%

1/12/20

Short Term Powersports Vehicle Financing 7-C () 

$330k

90

9.50%

2/12/20

Short Term Powersports Vehicle Financing 7-D () 

$1.125M

90

9.50%

3/12/20

Short Term Powersports Vehicle Financing 7-E () 

$625K

90

9.50%

4/12/20

Short Term Powersports Vehicle Financing 7-F

$350K

90

12.50%

5/12/20

Short Term Powersports Vehicle Financing 7-G

$975K

90

11.50%

6/12/20

Short Term Powersports Vehicle Financing 7-H

$625K

90

11.50%

7/12/20

Short Term Powersports Vehicle Financing 7-I

$350K

90

11.50%

8/12/20

Short Term Powersports Vehicle Financing 7-J

$1.950M

90

11.50%

10/12/20

Short Term Powersports Vehicle Financing 7-K

$1.950M

90

11.75%

Links to Ethereum contract for each deal

To see full deal details of previous deals, or to see live deals with ThunderRoad Financial, please sign up for a free account.