---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-257608"
form_type: "8-K"
ticker: "ENVA"
cik: "0001529864"
company_name: "Enova International, Inc."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:19:39.551035+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Enova proposes $261.4M asset-backed notes offering for small business loans

## Summary
- Enova's subsidiary OnDeck Asset Securitization IV, LLC plans to issue $261,434,000 in Series 2025-2 Fixed Rate Asset-Backed Notes.
- Collateral will be a revolving pool of small business loans originated by ODK Capital, LLC (an Enova subsidiary).
- Net proceeds will be used to purchase loans from OnDeck; Enova will use funds for general corporate purposes.
- The notes are offered privately under Rule 144A and Regulation S; not registered under Securities Act.
- Supplemental historic loan performance data (delinquencies, net charge-offs) furnished for potential investors.

## SEC filing metadata
- accession: 0001193125-25-257608
- form_type: 8-K
- ticker: ENVA
- cik: 0001529864
- company_name: Enova International, Inc.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529864/000119312525257608/0001193125-25-257608-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529864/000119312525257608/enva-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-257608
- JSON: https://secwatch.observer/filing/0001193125-25-257608.json
- Plain text: https://secwatch.observer/filing/0001193125-25-257608.txt

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