Aurous Financial Closes $7.5MM Facility for Motocross Bike Distributor

Aurous Financial closed a $7.5 million facility for an American motocross bike distributor, under inter-creditor agreement with a floorplan lender._x000D_
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The brand’s vehicles and storied racing team were out of formula with their floorplan lender after post-pandemic forecasting led to a squeeze in distributor relations. The company is planning to launch a street motorcycle in 2025 with the financing provided by Aurous Financial.