---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-392151"
form_type: "8-K"
ticker: "ENVA"
cik: "0001529864"
company_name: "Enova International, Inc."
filed_at: "2026-09-15T21:21:27+00:00"
generated_at: "2026-09-15T21:22:13.564694+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Enova offers $500M ABS notes backed by OnDeck small business loans

## Summary
- $500,026,000 Series 2026-1 fixed-rate ABS notes; Class A 5.61% to Class D 8.28%; closing expected Sept 25, 2026.
- Notes rated by KBRA: Class A AA(sf), B A-(sf), C BBB-(sf), D BB(sf); collateral: OnDeck small business loans.
- Proceeds purchase small business loans from OnDeck and fund reserve account; OnDeck remains servicer.
- Term loan annualized net charge-off rate 10.94% as of 7/31/2026; line of credit rate 12.01%.
- Term loans 60+ DPD $69.8M (4.0% of UPB) at 7/31/2026 vs $64.6M at 12/31/2025.

## SEC filing metadata
- accession: 0001193125-26-392151
- form_type: 8-K
- ticker: ENVA
- cik: 0001529864
- company_name: Enova International, Inc.
- filed_at: 2026-09-15T21:21:27+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1529864/000119312526392151/0001193125-26-392151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1529864/000119312526392151/enva-20260915.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-392151
- JSON: https://secwatch.observer/filing/0001193125-26-392151.json
- Plain text: https://secwatch.observer/filing/0001193125-26-392151.txt

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