RideNow Group, Inc. (RDNW): debt financing — RideNow Group expands Polaris floorplan credit facility by ~$33.3M to $108.0M

RideNow Group, Inc.

Polaris Acceptance increased credit commitment from $74.7M to $108.0M for RideNow dealer subsidiaries.
Increase contingent on joinder of two additional dealer entities, guaranty amendments, and insurance certificates.
Obligations secured by first-priority security interest on all personal property of each dealer; dealers jointly and severally liable.

item 1.01 item 2.03 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

RideNow Group, Inc. amended credit facility of approximately $108.0 million with Polaris Acceptance at variable rates.

Instrument: credit facility
Principal: approximately $108.0 million
Counterparty: Polaris Acceptance
Rate: variable rates
Event: amendment

Exact text from the filing

the credit commitment available to the Company under the Polaris Floorplan Credit Facility was increased from approximately $74.7 million to approximately $108.0 million

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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

RideNow Group, Inc. entered into Amended and Restated Inventory Financing Agreement with Polaris Acceptance valued at credit commitment increased from approximately $74.7 million to approximately $108.0 million (effective 2026-05-15).

Action: entry
Agreement: credit facility
Counterparty: Polaris Acceptance
Value: credit commitment increased from approximately $74.7 million to approximately $108.0 million
Effective: 2026-05-15

Exact text from the filing

Pursuant to a conditional credit increase letter (the "Credit Increase Letter") received on April 15, 2026 by certain subsidiaries of RideNow Group, Inc. (the "Company") from Polaris Acceptance ("Polaris"), on May 15, 2026, the Company entered into an Amended and Restated Inventory Financing Agreement (the "Polaris Floorplan Credit Facility") with Polaris and the dealer subsidiaries of the Company party thereto (collectively, the "Dealers").

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26 debt financings filed in the last 30 days. Browse all debt financings →

RideNow Group, Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-035821

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