Horsepower Financial LLC announced the successful extension of its credit facility with a fund managed by Pier Asset Management. The extension builds upon the original facility established in 2024, further strengthening the strategic partnership between the two organizations.

Pier Asset Management has proven to be an exceptional partner, demonstrating remarkable flexibility while upholding the highest standards of professionalism and diligence, officials from Horsepower Financial said. Horsepower Financial credits a significant portion of its recent growth and operational success to the collaborative relationship with Pier and its dedicated team.

"This extension reflects the strength and mutual trust that has developed between our organizations since the initial facility was completed in 2024," said Laura Middendorf, CFO for Horsepower Financial. "Pier’s ability to balance flexibility with exacting standards has been instrumental in supporting our expansion, and we look forward to continuing this productive partnership."

The extended credit facility will provide Horsepower Financial with continued access to flexible capital solutions, enabling the powersports leasing company to sustain its momentum and pursue new opportunities in the financial services sector.
Pier Asset Management remains committed to delivering tailored financing solutions and exceptional service to its partners. Both parties expressed enthusiasm for the ongoing collaboration and the value it continues to create.