Business Development Representative, New Verticals

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Octane is a Fintech company whose mission is to connect people with their passions. The transaction process for large purchases such as powersports, RVs, boats, and home improvements is slow and frustrating, but Octane is changing that through automated underwriting, innovative credit products, and financing through our in-house lender Roadrunner Financial. Octane reaches millions of enthusiasts through editorial brands like Cycle World and Cycle Volta and helps consumers buy their favorite products with instant, frictionless financing on Octane.co. Octane is revolutionizing lending in under-served verticals that account for tens of billions of dollars in annual transactions.

Octane is gaining traction quickly with customers, as evidenced by growth in originations through our platform of more than 2X year-over-year. Octane works with more than 3,500 merchants in the USA and offers promotional financing with low rates for 40 OEM brands. Because we’re the platform and the lender, we have both high growth and positive unit economics - rare for a fintech. We have raised more than $139M in venture capital from leading investors such as IA Ventures, Valar Ventures, and Contour Venture Partners, and our lending securities are rated AA by S&P.

We are searching for a Business Development Representative who will spend their days specifically focused on New Verticals, specifically Marine and RV. You'll be calling on and qualifying prospect dealerships  You will be responsible for selling the Octane Value Prop to prospect dealers, enrolling those dealerships, following up and working with those enrolled dealers until they are comfortable submitting and funding deals on their own. If an engaged dealer falls out of engaged status the BDR will start the re-engagement cadence. Once a dealer is engaged, the relationship will be handed off to the RSM to engage and nurture. 


Responsibilities include:

  • Cold calling; making multiple outbound calls to dealership 
  • Qualifying leads from digital campaigns, conferences, references, trade shows, etc;  creating and maintaining a database of prospect clients, building pipelines with team members that exceed targets.
  • Presenting and delivering information to power sport and outdoor power equipment dealers
  • Answering dealer questions and follow-up call questions
  • Successfully closing on Dealer Agreements and scheduling on-boardings. 
  • Maintaining Salesforce dealer information


Requirements: 

  • Demonstrated ability to make cold calls and talking to new people all day through the use of your excellent verbal and written communication skills
  • Persuasive and goal-oriented with an energetic, outgoing, and friendly demeanor with the tenacity to handle rejection
  • Eager to expand company with new sales, clients, and territories
  • Self-motivated and self-directed with a keen ability to multitask, prioritize, and manage time efficiently
  • Ability to work independently and as an active member of a team
  • High school degree or equivalent followed by 2+ years experience in outbound call center, inside sales experience, or related sales experience during which you gained knowledge of sales process from initiation to close
  • Strong computer skills, including Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel), The G-suite of productivity tools (docs, spreadsheets, etc) and Salesforce experience preferred


Benefits:

  • Robust Health Care Plans (Medical, Dental & Vision)
  • Up to 5 weeks PTO (self-managed)
  • Generous Parental Leave
  • Retirement Plan (401k) with Company contribution 
  • Educational Assistance/Tuition Reimbursement up to $3K/year 
  • Powersports Safety Benefit: reimbursement of up to $500/year for the purchase of any powersports safety equipment
  • Life Insurance (Basic, Voluntary & AD&D)
  • Short Term / Long Term Disability & Life insurance
  • Team Activities (remotely)
  • Monthly company gift

Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.


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An Insider's view of Octane

How would you describe the company’s work-life balance?

At Octane, work and life have never felt at odds with one another. When life happens or we need a moment, there is always understanding built on trust and respect. Then at work, once the storm has passed, shared company values and goals align and motivate everyone to bring their whole selves to work.

Caroline Ho

Staff Engineer

How has your career grown since starting at the company?

I have been at Octane for only a year but I have seen exponential growth in my career. The leadership at Octane has always motivated me and provided me with opportunities to present my work and given me constructive feedback to hone my skills. Octane’s culture makes employees feel valued and instills the confidence to work to their full potential.

Geetika Chawla

Dealer Risk Manager

How do you make yourself accessible to the rest of the team?

To make myself accessible, I engage in 1:1s with various members of the team, have a public calendar so people can throw on a meeting if there is ever something they want to discuss, do strategy sessions several times a year, host an all-hands every month, and attend company happy hours.

Jason Guss

C.E.O.

What are some things you learned at the company?

At Octane I’ve learned that small, scrappy teams of highly motivated individuals can accomplish big things. And that world-class products require both focus and patience to build. We’re just as proud of the things we say “No” to, as we are of the products we ship that delight consumers and make life easier for recreational dealers.

Evan Coates

Vice President & General Manager, Consumer

What are Octane Perks + Benefits

Octane Benefits Overview

Benefits Include:

Robust Health Care Plans (Medical, Dental & Vision)
Up to 5 weeks PTO (self-managed)
Generous Parental Leave
Retirement Plan (401k) with Company contribution
Educational Assistance/Tuition Reimbursement up to $3K/year
Powersports Safety Benefit: reimbursement of up to $500/year for the purchase of any powersports safety equipment
Life Insurance (Basic, Voluntary & AD&D)
Short Term / Long Term Disability & Life insurance
Team Activities (remotely)
Company gift program

Culture
Open door policy
OKR operational model
Pair programming
Open office floor plan
Remote work program
Diversity
Diversity employee resource groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Employees can contribute up to $2,750 per year and use these funds for eligible medical, dental and vision expenses.
Disability insurance
Dental insurance
Octane's dental plan covers 100% of preventative care costs!
Vision insurance
Health insurance
70% company contribution
Life insurance
We cover you with a life insurance policy valued at 1x your salary.
Pet insurance
Wellness programs
Financial & Retirement
401(K)
We make an annual contribution of 3% of your prior year's W2 earnings, whether you contribute to your 401k or not.
Company equity
Charitable contribution matching
We will match each charitable contribution that ranges from $25 - $500.
Child Care & Parental Leave Benefits
Generous parental leave
Employees may receive paid time off up to a maximum of 4 weeks birthing & recovery and/or 12 weeks bonding leave for any birth, adoption or placement event in a rolling twelve (12) month period.
Vacation & Time Off Benefits
Generous PTO
Exempt employees are encouraged to take at least 2 weeks, but can take as many as 5 weeks of vacation time per year.
Paid holidays
Paid sick days
New York and Texas employees receive additional sick time
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Professional Development Benefits
Tuition reimbursement
Octane will reimburse 90% of approved tuition, fees and other expenses, up to a maximum of $3,000 per year, incurred by an employee for continuing education through an approved program.
Lunch and learns
Promote from within

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