---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-004021"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T20:00:41.345739+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# America's Car-Mart secures $150M warehouse loan facility; amends credit covenants

## Summary
- Entered $150M warehouse loan facility with Atlas Securitized Products Funding 1, L.P., maturing July 12, 2026.
- Interest rate on warehouse facility is Term SOFR plus 350 basis points; recourse limited to 10% of aggregate borrowed.
- Amendment No. 7 to credit agreement lowers fixed charge coverage ratio from 0.75x to 1.25x over 12 months.
- Company must provide a cash dominion plan within 30–60 days or face an Event of Default.
- New collateral reserve of $11.27M initiated, adjustable monthly based on EBITDA vs. Fixed Charges.

## SEC filing metadata
- accession: 0001171843-24-004021
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 2.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799850/000117184324004021/0001171843-24-004021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184324004021/f8k_071524.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-004021
- JSON: https://secwatch.observer/filing/0001171843-24-004021.json
- Plain text: https://secwatch.observer/filing/0001171843-24-004021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.