Ironhorse Funding, a financing platform that provides operational and capital support for dealers and distributors in the motorcycle and powersports market, raised strategic financing from institutional alternative investment management firm Crestline Investors.

Crestline’s investment will be funded through the firm’s Opportunity Fund III platform, which seeks to deploy capital where Crestline finds inefficiencies in the primary credit markets in North America and Europe. The funding will be used to provide alternative financing solutions for consumers in the motorcycle and powersports market.

“We are pleased to enter into this agreement with Crestline as they have a significant understanding of and presence in the alternative lending space,” said Dan Wilensky, CEO of Ironhorse Funding. “Motorcycle and powersports dealerships need expanded consumer financing options. This agreement with Crestline Investors will give us the increased financial bandwidth to take Ironhorse Funding and our associated dealers to the next level.”

“Ironhorse Funding provides expanded financing options to dealers, distributors and original equipment manufacturers as they navigate a challenging operating and credit environment,” said Rahul Vaid, managing director of Crestline Investors. “Ironhorse’s team of professionals have deep knowledge and expertise in understanding the financial needs of this vertical market and we are excited to be involved with their growth.”