---
schema_version: "secwatch.filing_event.v1"
accession: "0001538716-24-000131"
form_type: "8-K"
ticker: "OPRT"
cik: "0001538716"
company_name: "Oportun Financial Corp"
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:32:20.881356+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Oportun increases PLW II borrowing capacity to $337.1M, interest at SOFR + 3.07%

## Summary
- Amendment to Loan and Security Agreement raises borrowing capacity to $337.1 million.
- Borrowings accrue interest at Term SOFR plus a weighted average spread of 3.07%.
- Effective November 1, 2024; subsidiary Oportun PLW II Trust is borrower.

## SEC filing metadata
- accession: 0001538716-24-000131
- form_type: 8-K
- ticker: OPRT
- cik: 0001538716
- company_name: Oportun Financial Corp
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000131/0001538716-24-000131-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000131/oprt-20241101.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538716-24-000131
- JSON: https://secwatch.observer/filing/0001538716-24-000131.json
- Plain text: https://secwatch.observer/filing/0001538716-24-000131.txt

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