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RideNow Group Secures $220 Million in New Term Loan

PRIVATESep 25, 2026

Amount Raised

$220 Million

Round Type

Debt Financing

TransportationLogistics

Investors

Oaktree Fund Administration, LlcAlter Domus (US) LLCCenterbridge Partners, L.P.

Description

On September 25, 2026, RideNow Group, Inc. entered into a term loan credit agreement providing for senior secured term loans of $220 million. This funding will be used to refinance existing debts and support the company's growth initiatives. The loans have a maturity date of September 25, 2031

Company Information

Company

RideNow Group

About

RideNow Group, Inc. is a Nevada-based company focused on providing innovative transportation solutions. It operates in the automotive sector, offering services that cater to various mobility needs. Founded to disrupt traditional mechanisms, they aim at modernization through technology. The company is publicly traded on the Nasdaq Stock Market under the symbol RDNW.

Fundz sees it the moment RideNow Group raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Predictive Intelligence
Strategic

ML-powered predictions for RideNow Group's next move

See what Strategic adds

RideNow Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.