Consumer Portfolio Services amended its two-year revolving credit agreement with Capital One, N.A., increasing the total borrowing capacity from $390 million to $518 million. The facility is secured by automobile receivables and allows for borrowing through October 17, 2027, followed by an optional eighteen-month amortization period. This upsizing brings CPS's total credit facility capacity to $1.026 billion, supporting growth in loan origination volume driven by strong demand across its dealership network. Consumer Portfolio Services is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories.
