---
schema_version: "secwatch.filing_event.v1"
accession: "0001683168-26-007809"
form_type: "8-K"
ticker: "CPSS"
cik: "0000889609"
company_name: "CONSUMER PORTFOLIO SERVICES, INC."
filed_at: "2026-10-13T20:40:11+00:00"
generated_at: "2026-10-13T20:41:05.511631+00:00"
event_type: "debt"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001683168-26-007809
- form_type: 8-K
- ticker: CPSS
- cik: 0000889609
- company_name: CONSUMER PORTFOLIO SERVICES, INC.
- filed_at: 2026-10-13T20:40:11+00:00
- event_type: debt
- sentiment: positive
- 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/889609/000168316826007809/0001683168-26-007809-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889609/000168316826007809/cps_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001683168-26-007809
- JSON: https://secwatch.observer/filing/0001683168-26-007809.json
- Plain text: https://secwatch.observer/filing/0001683168-26-007809.txt

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