{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-096618","form_type":"8-K","ticker":"ENVA","cik":"0001529864","company_name":"Enova International, Inc.","filed_at":"2025-07-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.240939+00:00","generated_at":"2026-05-18T05:57:26.774933+00:00","sec_items":["1.01","2.03"],"event_type":"debt","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Enova subsidiary enters $150M securitization facility with Banc of California","bullets":["NetCredit LOC Receivables 2025, LLC signed $150M Loan & Security Agreement with Banc of California as admin agent.","Facility includes $125M Class A at SOFR+3.50% and $25M Class B at SOFR+8.00%; blended rate SOFR+4.25%.","Borrowing base advance rates: 75% for Class A, 90% for Class B (overall 90% of eligible receivables).","Revolving period ends July 17, 2027; final maturity July 17, 2028."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-096618","json":"https://secwatch.observer/filing/0000950170-25-096618.json","markdown":"https://secwatch.observer/filing/0000950170-25-096618.md","text":"https://secwatch.observer/filing/0000950170-25-096618.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1529864/000095017025096618/0000950170-25-096618-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1529864/000095017025096618/enva-20250717.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T05:57:26.774933+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"12ade4343d733968db62226503f9fe42bd6535e9","claim":"Enova International, Inc. incurred credit facility of $150,000,000 with Banc of California at SOFR + 4.25% maturing July 17, 2028.","evidence_excerpt":"table summarizes certain aspects of the Loan and Security Agreement: Class A Revolving Loans Class B Revolving Loans Total Facility Commitment Amount $125,000,000 $25,000,000 $150,000,000 Borrowing Rate SOFR + 3.50% SOFR + 8.00% SOFR + 4.25% Borrowing Base Advance Rate 75.0% 90.0% 90.0% Revolving Period Termination July 17, 2027 July 17, 2027 July 17, 2027 Maturity","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/1529864/000095017025096618/0000950170-25-096618-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$150,000,000"},{"label":"Counterparty","value":"Banc of California"},{"label":"Rate","value":"SOFR + 4.25%"},{"label":"Maturity","value":"July 17, 2028"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}