secwatch.observer — SEC 8-K summary
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Issuer:     CONSUMER PORTFOLIO SERVICES, INC. (CPSS)
CIK:        0000889609
Form:       8-K
Filed at:   2026-07-14T19:10:35+00:00
Accession:  0001683168-26-005511
Event type: debt
Sentiment:  positive
Materiality: 0.55
Item codes: 1.01, 2.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CPS renews credit facility with Citibank, increases capacity to $508M
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- Warehouse credit facility capacity increased from $335M to $508M.
- Revolving loans secured by auto receivables; funding termination date July 17, 2028.
- Citibank, N.A. acts as agent; borrowing up to 96% of eligible pledged receivables.
- Loans bear floating interest at a margin above SOFR.
- Facility renewed on July 9, 2026; replaces prior agreement from July 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/889609/000168316826005511/0001683168-26-005511-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/889609/000168316826005511/cps_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-26-005511

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer