Financing ·
America's Car-Mart borrows $5M via credit agreement amendment and extends debt waivers through Nov 1
CRMTAmericas Carmart Inc
On October 15, 2026, America's Car-Mart entered a Second Amendment to its Credit Agreement with Silver Point Finance, securing $5.0 million in incremental term loans maturing on October 30, 2030. The company agreed to pay $200,000 in fees for this amendment. Additionally, lenders extended waivers regarding minimum liquidity and collateral coverage thresholds through November 1, 2026. On the same day, an indirect subsidiary redeemed all outstanding Asset Backed Notes, releasing approximately $92 million of receivables from pledge obligations. America's Car-Mart operates as a used-vehicle retailer providing financing to subprime consumers.