CPS expands Capital One revolving credit facility to $390 million from $167.5 million
Consumer Portfolio Services, Inc. CPSS | 8.46 | -0.18% |
Capital One Financial Corp COF | 201.26 | -0.85% |
- Consumer Portfolio Services amended its two-year revolving credit agreement with Capital One on April 3, 2026 to increase facility capacity to USD 390 million from USD 167.5 million.
- Amendment applies to both Capital One and subordinate lender.
- Borrowings remain secured by automobile receivables currently held or acquired from dealers.
- Revolving borrowing period runs through Oct. 17, 2027.
- Company can repay outstanding loans in full at maturity or allow amortization over an 18-month period.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001683168-26-002775), on April 09, 2026, and is solely responsible for the information contained therein.
