Regional Management signs PMA with Column for new installment lending program

Regional Management Corp.

Column acts as lender of secured/unsecured loans; RM serves as program manager and servicer.
RM receives marketing, processing, and servicing fees; RM pays monthly platform and usage fees to Column.
Column retains ultimate control over lending terms, underwriting, and product documents; RM must maintain compliance system.
Loans held by Column for a hold period; Column may then offer loans to RM, who must purchase except limited circumstances.
PMA initial term ends March 31, 2031, auto-renews for two-year periods; includes monthly financial covenants.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Regional Management Corp. entered into Program Management Agreement with Column National Association valued at Initial term ending March 31, 2031; automatic renewal for successive two-year terms (effective 2026-03-02).

Action: entry
Counterparty: Column National Association
Value: Initial term ending March 31, 2031; automatic renewal for successive two-year terms
Effective: 2026-03-02

Exact text from the filing

On March 2, 2026, Regional Management Corp. (the “ Company ”) and Column National Association, a national banking association (“ Column ”), entered into a Program Management Agreement (the “ PMA ”) to create a new lending program under which Column will serve as the lender of secured and unsecured installment lending products in select states.

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Source: SEC EDGAR

accession 0001193125-26-093989

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