---
schema_version: "secwatch.filing_event.v1"
accession: "0001538716-25-000028"
form_type: "8-K"
ticker: "OPRT"
cik: "0001538716"
company_name: "Oportun Financial Corp"
filed_at: "2025-04-02T23:59:59+00:00"
generated_at: "2026-05-23T23:37:31.251605+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Oportun closes $187.5M personal loan warehouse facility; total capacity now $954M

## Summary
- New warehouse facility has a two-year term, borrowing capacity of $187.5M, and advance rate of 95% (92% under certain triggers).
- Borrowings accrue interest at up to Term SOFR plus weighted average spread of 3.34%.
- Lenders include Natixis Corporate & Investment Banking (senior) and Neuberger Berman (mezzanine).
- Facility collateralized by Oportun's unsecured and secured personal loan originations.
- Increases total committed warehouse capacity from ~$766.5M to $954M.

## SEC filing metadata
- accession: 0001538716-25-000028
- form_type: 8-K
- ticker: OPRT
- cik: 0001538716
- company_name: Oportun Financial Corp
- filed_at: 2025-04-02T23:59:59+00:00
- event_type: debt
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1538716/000153871625000028/0001538716-25-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1538716/000153871625000028/oprt-20250402.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001538716-25-000028
- JSON: https://secwatch.observer/filing/0001538716-25-000028.json
- Plain text: https://secwatch.observer/filing/0001538716-25-000028.txt

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