CPSS · Consumer Portfolio Services, Inc.

Consumer Portfolio Services, Inc. amended its revolving credit agreement with Capital One, N.A. and a Class B Lender, significantly increasing the facility's capacity from $167.5 million to $390 million. This expansion provides the company with substantial additional liquidity to finance the acquisition of automobile receivables from dealers. The facility, originally established in October 2025, is structured to allow borrowing through October 17, 2027, after which the company has the option to repay outstanding loans or utilize an eighteen-month amortization period. The borrowing mechanics allow for advances up to 95.5% of the principal amount of eligible pledged receivables, with interest determined by a margin over the secured overnight financing rate. This amendment represents a material expansion of the company's financing capabilities, supporting its core business of indirect automobile financing. Capital One, N.A. affiliates have provided investment banking services to CPS, receiving customary fees.