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Stock impact report

CPS Announces Closing of $167.5 Million Credit Facility

Consumer Portfolio Services, Inc. (CPSS) 
Last consumer portfolio services, inc. earnings: 4/15 05:21 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.consumerportfolio.com/investor-relations
Company Research Source: GlobeNewswire
LAS VEGAS, Nevada, Oct. 23, 2025 (GLOBE NEWSWIRE) -- Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) today announced that on October 17, 2025, it closed a new two-year revolving credit agreement. Loans under the credit agreement will be secured by automobile receivables that CPS now holds or will purchase from dealers in the future. The credit facility includes a subordinate lender that will provide a higher effective advance rate for the facility. CPS may borrow on a revolving basis through October 2027, after which CPS will have the option to repay the outstanding loans in full or to allow them to amortize for an 18-month period. About Consumer Portfolio Services, Inc. Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships Show less Read more
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