RumbleOn enters $16M floor plan facility with Tkach and Coulter for pre-owned powersports inventory

RideNow Group, Inc.

RumbleOn Dealers, as borrower, secured $16M revolving credit facility from lenders Mark Tkach and William Coulter.
Interest at term SOFR + 5.00%; facility matures April 1, 2026 unless extended.
Facility secured by first-priority lien on pre-owned powersports vehicle inventory.
Proceeds used to acquire pre-owned motorcycles, ATVs, and UTVs for RumbleOn's sales floor.

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