---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-25-001286"
form_type: "8-K"
ticker: "CRMT"
cik: "0000799850"
company_name: "AMERICAS CARMART INC"
filed_at: "2025-03-06T23:59:59+00:00"
generated_at: "2026-05-25T08:19:29.109997+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# America's Car-Mart extends and upsizes ABL facility to $350M, maturing March 2027

## Summary
- Upsized from $320M to $350M; maturity extended to March 31, 2027.
- Approx. $75M drawn on facility as of Jan 31, 2025; also completed $200M ABS transaction.
- New lenders joined (Banc of California, EverBank, Forbright); minimum availability covenants set at $20M or $50M.
- Fixed charge coverage ratio covenant set at 1.0x through Feb 2025, stepping to 1.25x by July 2026.
- Capital expenditure limit reduced from $35M to $25M per fiscal year.

## SEC filing metadata
- accession: 0001171843-25-001286
- form_type: 8-K
- ticker: CRMT
- cik: 0000799850
- company_name: AMERICAS CARMART INC
- filed_at: 2025-03-06T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799850/000117184325001286/0001171843-25-001286-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799850/000117184325001286/f8k_030525.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-25-001286
- JSON: https://secwatch.observer/filing/0001171843-25-001286.json
- Plain text: https://secwatch.observer/filing/0001171843-25-001286.txt

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