Ironhorse Funding Surpasses $300 Million in Assets Under Management as RV and Marine Origination Growth Accelerates

BEVERLY, MA – April 29, 2025 – Ironhorse Funding LLC, a leading full-spectrum originator and servicer specializing in motorcycle, powersports, RV, and marine financing, announced today it has surpassed $300 million in assets under management as of the start of Q2 2025. The milestone reflects the company’s continued growth trajectory, driven by strong performance across its indirect and direct lending channels and fueled largely by a significant ramp-up in RV and marine originations.

The company has added $50 million in managed assets in just six months, marking its fastest AUM growth to date.

"Crossing the $300 million milestone is a meaningful reflection of our ability to scale with purpose," said Jon Krumdick, CEO of Ironhorse Funding. "This growth is the result of a disciplined approach to credit, trusted long-term partnerships, and the strength of our operational platform. We're building more than just volume—we’re building momentum."

Ironhorse Funding can originate loans in 47 states through a growing network of dealerships and strategic partnerships, and in 43 states through its direct-to-consumer refinance platform. The company continues to enhance its platform to efficiently scale full-spectrum loan originations across multiple asset classes.

"Ironhorse Funding’s platform is purpose-built for growth. We’ve been impressed by how the company has scaled operations while maintaining credit quality and flexibility for its partners," said Steven List, Senior Managing Director at Crestline Investors and a board member at Ironhorse. "This milestone is an important signal to the market—and we believe it’s only the beginning."

Ironhorse Funding expects continued momentum in 2025, building on the strength of its RV and marine channels and expanding its footprint in powersports and motorcycle financing. The company remains focused on sustainable growth and expanding its origination capacity in the months ahead.

About Ironhorse Funding

Ironhorse Funding is a premier financial services platform, specializing in motorcycle, powersports, RV, and marine financing and refinancing. With a commitment to innovation, customer service, and industry leadership, Ironhorse Funding offers a comprehensive suite of financing programs dealers, distributors, and OEMs while building profitable loan portfolios for its lending partners.

To learn more, please visit www.ironhorsefunding.com.

Media Contact:

Amy O’Hare
SVP Marketing, Sales, and Communications
[email protected]