RideNow Group expands dealer inventory credit line by $33M to $108M with Polaris

Filed May 18, 2026 · Period ending May 18, 2026 · ~1 min read

Key Changes

• high

  Credit facility increased 45% from $74.7M to $108M to finance powersports dealer inventory, conditional on adding two new dealer entities and executing related guarantees.

  Item 1.01 verify on EDGAR →
• medium

  All dealer subsidiaries are jointly and severally liable for facility obligations, meaning default by one dealer triggers liability for all entities under the agreement.

  Item 1.01 verify on EDGAR →
• medium

  Facility secured by first-priority liens on all dealer personal property and includes standard default triggers including cross-defaults, material adverse changes, and covenant breaches.

  Item 1.01 verify on EDGAR →