---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-002775"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2026-04-09T23:59:59+00:00"
generated_at: "2026-05-15T06:51:35.742053+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CPS increases warehouse credit facility capacity from $167.5M to $390M with Capital One

## Summary
- Capacity raised to $390M (from $167.5M); borrow up to 95.5% of eligible pledged auto receivables.
- Revolving credit facility runs through October 17, 2027, with optional 18-month amortization thereafter.
- Loans bear floating interest rate based on SOFR plus a margin.
- Proceeds will be used to acquire motor vehicle receivables from dealers on a revolving basis.
- Amendment effective April 3, 2026; filing reported April 9, 2026.

## SEC filing metadata
- accession: 0001683168-26-002775
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2026-04-09T23:59:59+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/889609/000168316826002775/0001683168-26-002775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316826002775/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-002775
- JSON: https://secwatch.observer/filing/0001683168-26-002775.json
- Plain text: https://secwatch.observer/filing/0001683168-26-002775.txt

## Source-grounded claims
- claim_id: 63a3bd0019f69015f03db4aebdfdf8d633540620
  claim: CONSUMER PORTFOLIO SERVICES, INC. incurred revolving credit of $390 million with Capital One, N.A. at a margin above the secured overnight financing rate.
  evidence_excerpt: mended a revolving credit agreement (the "Credit Agreement") and related agreements with Capital One, N.A., and a Class B Lender (the “Lenders”), all of which have been in place since October 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/889609/000168316826002775/0001683168-26-002775-index.htm
- claim_id: 1ebafdd9fe08d07e4d6684687ab0b196cb66164c
  claim: CONSUMER PORTFOLIO SERVICES, INC. amended Credit Agreement with Capital One, N.A., and a Class B Lender valued at up to a maximum of $390 million (effective 2026-04-03).
  evidence_excerpt: On April 3, 2026, Consumer Portfolio Services, Inc. ("CPS" or the "Company") and its wholly-owned subsidiary Page Eleven Funding LLC (the “Borrower”) amended a revolving credit agreement (the "Credit Agreement") and related agreements with Capital One, N.A., and a Class B Lender (the “Lenders”), all of which have been in place since October 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/889609/000168316826002775/0001683168-26-002775-index.htm

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