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CONSUMER PORTFOLIO SERVICES, INC. 8K

0001683168-26-005511

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Consumer Portfolio Services, Inc. renewed and expanded its secured revolving credit facility with Citibank and a subordinate lender, increasing capacity from $335 million to $508 million with a revolving period through July 17, 2028.

Consumer Portfolio Services, Inc. announced that on July 9, 2026, it renewed its two-year revolving credit agreement with Citibank, N.A. and its subordinate lender while significantly increasing the total capacity of the secured credit facility from $335 million to $508 million; the loans, secured by CPS’s existing and future automobile receivables, may be drawn on a revolving basis through July 17, 2028, after which CPS can either repay the facility in full or allow it to amortize over a one-year period, subject to potential early termination or acceleration upon future defaults or adverse credit performance.

Filing Facts

CIK
889609
Ticker
-
Form
8K
Source Type
sec
Accession
0001683168-26-005511
Alert Tier
7
CONSUMER PORTFOLIO SERVICES, INC. 8K | ATTN