CPS upsizes Capital One-backed warehouse facility to $518M from $390M; total credit capacity tops $1B

CONSUMER PORTFOLIO SERVICES, INC.

Amended Oct 9, 2026 revolving credit agreement with Capital One, N.A. and a Class B lender raises capacity from $390M to $518M.
Borrowing capped at 95.5% of eligible pledged auto receivables; revolving through Oct 17, 2027, then repay in full or amortize over 18 months.
Total capacity across all CPS credit facilities now $1.026B, the first time the company has exceeded $1B.
Loans bear floating interest at a margin over SOFR and are secured by auto receivables CPS holds or buys from dealers.
CEO Charles E. Bradley cites strong dealership demand and accelerating loan origination volume as the driver for the upsize.

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