CPS announces upsizing of existing credit facility to fund accelerating loan origination volume
CPSS•Consumer Portfolio Services amended its revolving credit agreement with Capital One on October 9, increasing facility capacity to $518 million from $390 million. The company may borrow on a revolving basis through October 17, 2027.
1. Facility expanded
Consumer Portfolio Services increased the capacity of its revolving credit facility with Capital One to $518 million from $390 million. The amendment was made on October 9, and borrowing is permitted through October 17, 2027.
