---
schema_version: "secwatch.filing_event.v1"
accession: "0001538716-24-000144"
form_type: "8-K"
ticker: "OPRT"
cik: "0001538716"
company_name: "Oportun Financial Corp"
filed_at: "2024-11-22T23:59:59+00:00"
generated_at: "2026-05-29T19:43:15.978635+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Oportun increases borrowing capacity on personal loan warehouse facility to ~$429M

## Summary
- Oportun PLW Trust, a subsidiary, amended its Loan and Security Agreement on November 22, 2024.
- Borrowing capacity raised to approximately $429.03 million.
- Borrowings will bear interest at Term SOFR plus a weighted average spread of 3.35%.
- Amendment involves Wilmington Trust as collateral agent and various lenders.
- No immediate draw; facility enhances liquidity for personal loan origination.

## SEC filing metadata
- accession: 0001538716-24-000144
- form_type: 8-K
- ticker: OPRT
- cik: 0001538716
- company_name: Oportun Financial Corp
- filed_at: 2024-11-22T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000144/0001538716-24-000144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538716/000153871624000144/oprt-20241122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538716-24-000144
- JSON: https://secwatch.observer/filing/0001538716-24-000144.json
- Plain text: https://secwatch.observer/filing/0001538716-24-000144.txt

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