CPS Secures $167.5 Million Revolving Credit Facility

Reuters10-24

CPS Secures $167.5 Million Revolving Credit Facility

Consumer Portfolio Services Inc. $(CPS)$ has closed a new two-year revolving credit agreement totaling $167.5 million. The facility, secured by automobile receivables held or to be purchased by CPS, features a subordinate lender to provide a higher effective advance rate. CPS may borrow on a revolving basis through October 2027, after which it can either repay the outstanding loans in full or allow them to amortize over an 18-month period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CPS - Consumer Portfolio Services Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9551166-en) on October 23, 2025, and is solely responsible for the information contained therein.

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