Skip to Content
Opening Bell
News
YahooOctober 13, 2026 at 10:00 AM NY14 Days Ago

CPS Announces Upsizing of Existing Credit Facility to Fund Accelerating Loan Origination Volume

LAS VEGAS, Nevada, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on October 9, 2026, it amended its two-year revolving credit agreement with Capital One, N.A. to increase the capacity of the facility. The amendment applies to both Capital One, N.A. and the subordinate lender, and increases the total capacity of the facility from $390 million to $518 million. Loans under the amended credit agreement will continue t

What This Story Means

Claude is explaining the story in plain words…

Read the Full Story at the Source

The summary here comes from the news provider; the rest of the article lives on the publisher's site: Yahoo

Read at Source